ADX Energy is in the process of completing two farm outs in relation to its Chorbane permit. The two farm outs are found onshore. The company is seeking for the permit so that it can carry out a seismic acquisition campaign next year. It is therefore working towards getting the permit as early as possible […]
Morocco’s high commission for planning issued bleak figures on the impact of coronavirus, which pushed 142,000 companies to halt activity, forcing 700,000 to temporary or lasting unemployment. In total, 57% of Moroccan enterprises, mostly small and medium sized have ceased operations. These comprise 135,000 enterprises that closed temporarily and 6,300 that declared bankruptcy, the HCP’s […]
Morocco is reportedly negotiating with some UAE companies wind energy projects in its southern provinces. The total investment of these projects is estimated between $8 and $10 billion, according to Arabic energy-focused Attaqa media platform. The Emirati companies engaged in talks are Masdar, AMEA Power, and Taqa. They are negotiating with the North African Kingdom […]
