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Engie to sell its gas exploration Unit in Algeria
French utility company, Engie SA, wants to sell its gas exploration units in Algeria as part of a larger plan to offer its assets in Africa and Europe in a bid to reduce its exposure to volatile oil and gas prices, Bloomberg reported. “The company is planning to sell its upstream operations globally including businesses […]
Canada’s Aya Gold & Silver enhances its investments in Morocco
Canada’s mining company Aya Gold & Silver announced on Monday it reached an agreement with Morocco’s National Office of Hydrocarbons and Mines (ONHYM) to acquire its 15 pc interest in the Zgounder project and five adjacent permits to the Zgounder Silver Mine for $6.5 million. ONHYM will maintain its 3% royalty on the Zgounder property, […]
Morocco Launches Major Study to Upgrade Its Hydraulic Simulation Models
Morocco’s Ministry of Equipment and Water, through its Water Research and Planning Directorate (DRPE), is preparing a major twelve-month study to identify, evaluate, and adapt the hydraulic simulation models best suited to the country’s specific climatic, geographic, and hydrological conditions. The initiative responds to a clear institutional diagnosis: existing tools used to plan and manage […]



