Tripoli attacks

Libya: NOC Chairman said 70% of Libyan land remains unexplored

Farhat Bin Qadara, Chairman of the Board of Directors of the National Oil Corporation (NOC), revealed on December 2 that a staggering 70% of Libya’s land remains unexplored, underscoring the vast untapped potential within the country’s oil sector. This revelation came during a series of workshops in Cairo, organized in collaboration with the US Department […]

Morocco’s OCP revenue at $9 bln in 2023

Morocco’s phosphates and fertilizers giant, OCP Group, said its revenue in 2023 stood at 9 billion dollars, down from $11.4 billion a year earlier. OCP explained the performance by a drop of prices from the exceptional levels of 2022, when the war in Ukraine triggered a surge in commodities prices globally. OCP said a drop […]

Boeing to build excellence engineering center in Morocco

The Moroccan government and Boeing signed a partnership agreement to set up an African Center for Manufacturing Excellence (ACME), as the North African Kingdom seeks more technology transfer to develop its fast growing aerospace sector. The deal was signed at the opening of the Marrakech Air Show which brings together 200 exhibitors from different aerospace […]