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Longreach Completes 2D Seismic Program Onshore Morocco

Longreach oil and gas limited, an independent oil and gas company holding exploration and near term development licences in Morocco, announced earlier this week that it has completed its 2D seismic program on the operated Sidi Moktar Licence, near Marrakesh, onshore Morocco. The program was completed according to the scheduled deadlines and budget, the company […]

US Chevron to make Morocco its lubricants export hub to Africa

US energy giant Chevron signed a deal with Morocco’s Akwa Group to make the Kingdom its lubricants manufacturing and exporting hub to Africa. An agreement was signed in that regard between Chevron and Akwa Group, bringing the share of Chevron from 25% to 50% of Akwa Group subsidiary Afriquia Lubrifiants. Under this deal, Chevron will […]

Qatar’s Nebras Power acquires 60% of Tunisian Energy Company

Nebras Power has announced it acquired 60 per cent of stakes in Tunisia’s Carthage Energy Company making the deal the first expansion of the company into North Africa. The Dutch affiliate of the Doha-based company, Nebras Power Investment Management, completed the acquisition this week as the company makes its first foray into North Africa. The […]