Sound Energy has stricken a deal to acquire all of Oil & Gas Investment Fund’s (OGIF) assets in Eastern Morocco – that includes 20% Tendrara, 75% of the Meridja project and a 75% stake in acreage close to Tendrara. Sound Energy will thus acquire the OGIF’s hydrocarbon assets in eastern Morocco in exchange for 272m […]
Authorities of Congo Brazzaville have rejected Societe Generale’s sale of its country subsidiary to Vista Group because the bank did not give it a right of first refusal, and wields legal action, Reuters reports. The Finance ministry of the central African country in a statement indicated that it was surprised by the announcement by SocGen […]
Abdelilah Benkirane, a former head of the Moroccan Government and former leader of the Islamist Justice and Development Party (PJD), is back to the leadership of the party. Benkirane was elected Secretary General of the PJD, during an extraordinary congress of the party held Saturday, in the presence of members of the National Council and […]
