haftar

Paris attacks: President Hollande Thanks King Mohammed VI for Morocco’s effective assistance

President Francois Hollande of France has expressed his country’s thanks to King Mohammed VI for the “effective assistance” provided by Morocco following the Paris terror attacks that shook the French capital a week ago. This came during a meeting between the two heads of State held Friday afternoon at the Elysée, the French presidential palace. […]

Qatari QInvest Fund Partners with Morocco’s Ithmar Capital to Carry out Major Tourism Projects

The Qatari QInvest Fund and the Moroccan Sovereign Wealth Fund Ithmar Capital have set up a joint venture, through which they are to partner in carrying out three large-scale tourism projects to be launched shortly in Morocco. According to the Moroccan news portal, le360, the recently created new company, Oryx Capital, will carry out studies […]

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 […]