The Portuguese company Galp Energia (Petróleos de Portugal e Gás) announced it has acquired a 50 percent stake in the Tarfaya Offshore area, comprising eight exploration permits, known as Tarfaya Offshore I to VIII, located on the Atlantic Margin, offshore Morocco. The company acquired the shares under a farm-in agreement with the Australian company, Tangiers […]
Morocco is “more than ever a country with potential” for French Small and Medium-sized enterprises, highlights the French economic and financial daily Les Echos. “Amid the rapid acceleration of its major infrastructure and energy transition projects, Morocco is attracting foreign companies, especially French ones,” the newspaper notes, adding that, beyond local initiatives, the Kingdom is […]
King Mohammed VI urged the government to carry out regulatory reforms and opening up some economic sectors in order to attract more foreign investments. “Openness is a catalyst for investment and for the transfer of foreign expertise and know-how,” said the king in a speech on the twentieth anniversary of the Throne Day. He said […]
