Egypt aviation

South Africa’s ANC anachronism on Sahara issue

South Africa under the long-ruling ANC is one of the remaining states that have yet to see reality as it is in the Sahara issue as it keeps turning in a vicious Algerian circle rehashing anachronism on the Sahara issue. This has been shown once more in a decision by South Africa’s ruling party the […]

Morocco Approves Foum Draa Block Farm-out Agreement

Moroccan authorities have approved an agreement between San Leon Energy, Serica Energy and Longreach Oil and Gas on the one hand and Cairn Energy, on the other. The announcement was made last week by San Leon Energy which said the assignment of interest in the Foum Draa offshore licence in Morocco was part of the […]

Egypt: Get paid as you drill and explore

The Egyptian government wants to bring the country back on its feet and has decided to add to its priorities the payment of oil debts to foreign companies that are increasing their exploration and production in Egypt. Foreign companies are owed more than $6 billion and energy subsidies reached an estimated 120 billion Egyptian pounds […]