OCP & Fraunhofer IMWS sign agreement

Libya: Will International Community Intervene Again?

Four years after they helped the Libyans oust the despotic regime of Gaddafi, many western capitals are now considering the possibility of acting again to stop the extremist groups from taking hold of this North African country. Few days ago, some Libyan Islamic radical fighters linked to Isis beheaded 21 Egyptian Coptic Christians, prompting worldwide […]

British Chariot company retakes control of Moroccan Lixus & Rissana offshore licenses

British Chariot Energy Company announced Wednesday that it has regained operatorship of its Moroccan Lixus and Rissana Offshore licenses from Energean firm. Chariot is now operator of the Anchois gas field and has a 75% working interest in each license, with Moroccan National Office of Hydrocarbons & Mines (ONHYM) retaining its 25% stake. With operatorship […]

Morocco, 2nd best place for investment in Africa – Rand Merchant Bank

The South African Rand Merchant Bank (RMB), in its latest “Where to invest in Africa” report, identifies Morocco as the second country on the continent with best investment-attractiveness thanks to its stability. The author of the report, RMB Africa Economist Daniel Kavishe indicated that Morocco’s economy continues to benefit from political stability. He also highlighted […]