UK-listed Chariot Oil and Gas upgraded its gas expectations off Larache coast saying that the new discovery bodes well for Morocco’s “growing gas sector”. Chariot was awarded the Lixus offshore license, which contains the Anchois discovery, in April. Chariot has a 75% interest and operatorship of the Lixus license. Its partner is Morocco’s state-owned Office […]
Morocco’s National Investment Commission has approved 47 new investment projects totaling 51 billion dirhams ($5.5 billion), in a major push to stimulate economic growth and job creation across the kingdom. The approvals, announced during the 8th session of the Commission, include 36 new agreements and 11 amendments to existing ones. The projects are expected to […]
Audrey Azoulay, a former French Minister of Moroccan origins, was confirmed as new head of the UNESCO, succeeding to Irina Bokova. Azoulay, who is daughter of André Azoulay, Advisor to King Mohammed VI, took over the leadership of the UN’s culture organization after 195 member states voted to confirm her. Azoulay, 45, a former French […]
