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Libya: Italian ENI starts exploratory drilling in Ghadames Basin
Italian oil company Eni announced on September 24 that it will begin onshore exploratory drilling in Libya’s Ghadames Basin next month, with plans to launch an offshore drilling campaign in the Sirte Basin by the end of 2025. Speaking at the Libyan-Italian roundtable in Rome, Martina Obizzi, President of the North Africa and Levant region […]
Fitch Affirms Morocco at BBB- Rating & Revises Outlook to Negative
Fitch Ratings has affirmed Morocco at ‘BBB-‘ rating and revised the Outlook on country’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to negative. The global rating agency explained the negative outlook by the impact of the coronavirus pandemic on the Moroccan economy which will experience the sharpest GDP contraction in 25 years, besides a marked increase […]
Morocco, model of democracy in Africa, says European Parliament member
Morocco stands out as a model of democracy in Africa and a key partner of the European Union in the fight against illegal migration, terrorism and extremism, said Member of the European Parliament Andrey Kovatchev. Commenting lately the European People’s Party (EPP) program “Let’s focus on the MENA Region”, Mr. Kovatchev said he visited the […]



