The UK upstream Morocco-focused Sound Energy inked a gas supply deal with Morocco’s ONEE, state-owned power company. Under this preliminary agreement, Sound Energy will commercialize the gas found in the Tendrara permit where it holds 47.5%, alongside Schlumberger, which has a 27.5% direct interest and the state’s hydrocarbons office ONHYM with 25%. The East Morocco […]
The Algiers Court of Appeals confirmed Tuesday, November 3, the guilt of the businessman Ali Haddad, tried on numerous charges, including abuse of office, conflict of interest, corruption in the conclusion of public contracts and squandering of public funds. The verdict is nevertheless more lenient than in the first instance. Ali Haddad, founder of ETRHB, […]
Algeria has lambasted its exclusion by the European Union from the shortlist of countries whose citizens and residents can travel to Schengen area amid ongoing covid-19 pandemic. Brussels has excluded people from Algeria from traveling into the EU amid a rise in coronavirus cases in the North African country, which posted 31,465 contaminations since February […]
