Laroui

China’s Addax exits four Nigerian oil blocks as NNPCL inks asset transfer agreement

Sinopec’s Addax Petroleum Development (Nigeria) Ltd has exited four Nigeria oil blocks OMLs 123/124, 126/137 as the Nigerian National Petroleum Company (NNPC) Ltd on Tuesday (1 October) signed a Memorandum of Understanding (MoU) on the Transfer, Settlement and Exit Agreement (TSEA). Addax began operations in Nigeria in 1998 by signing Production Sharing Contracts (PSCs) with […]

Moroccan-Saudi military cooperation reviewed in Riyadh

Various aspects of military cooperation between Morocco and Saudi Arabia were reviewed at a meeting that gathered in Riyadh Lieutenant General Mohammed Berrid, FAR Inspector General and Commander of the South Zone, who is paying a visit to Saudi Arabia, and Lieutenant General Fayyad bin Hamed Al-Ruwaili, Chief of General Staff of the Saudi Armed […]

Gabon to grant delayed risk premium to armed forces

Gabon’s military-led government agreed this week to implement a decision by the former regime of President Ali Bongo Ondimba to grant armed and security forces a risk premium for their work in protecting populations, Gabo Review reports. A cabinet meeting announced the plan pending modalities that remain to be defined, the media outlet notes. The […]