Libya’s National Oil Corporation (NOC), in partnership with the Libyan Investment Authority (LIA), has signed an Exploration and Production Sharing Agreement (EPSA) with UCC Holding for Area 47 in the Ghadames Basin. NOC Chairman Masoud Suleiman said the agreement is part of efforts to attract investment, expand exploration activities and increase oil and gas production […]
The UK Chariot Oil & Gas company has secured a new offshore exploration license in Northern Morocco. The formal award of the “Rissana” license is expected in 2021, says the oil company. Under terms of the agreement reached, 75pc interest and operatorship of the Rissana licence will be awarded to a wholly owned subsidiary of […]
The UN Security Council debated on Wednesday a draft resolution tabled by the United States that urges the UN Chief and Morocco to ensure that the MINURSO becomes fully operational within four months. The Draft called the UN Chief Ban Ki-Moon to find agreement with Rabat to allow the return of the civilian component of […]
