A quarterly report on Libya has been announced by Research and Markets with oil and gas production will be experiencing a strong recovery with the political stability yet to be assured. According to the report, the current levels of oil and gas production will surpass the pre-war levels under the Ghadaffi regime in the long […]
Texas-based Apache Corporation will inject additional $1.4 billion into the Egyptian oil sector, the company’s CEO John Christman told Egyptian Prime Minister Mustafa Madbouly on Sunday August 20. Apache Corporation is the USA’s largest investor in the North African country oil sector. The company according to Egyptian authorities, is poised to pump more investments and […]
Negotiations are underway between Morocco and Russia on the delivery of the Amur-class 1650 super-quite submarine, which will be the Kingdom’s first submarine, Moroccan press reported. The Amur-1650 diesel-electric powered submarine will significantly boost Morocco’s capabilities as it will carry Club cruise missiles in addition to featuring air-independent propulsion (AIP). With a length of 66.8 […]
