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Gabon launches new offshore drillings to increase oil production
US hydrocarbon exploration firm, Vaalco Energy, will start an offshore drilling campaign next month as Gabon works to increase its crude oil production by 50 percent by 2020/2021. The start of the drilling campaign follows a successful full-field maintenance shut down at four of Vaalco’s platforms in the Central African nation The five-well drilling campaign […]
The Egyptian pound and foreign currencies
During the inauguration ceremony of the National Initiative for Economic Launch, the Egyptian Prime minister said that there are expectations that some prospective investments can “help reduce the budget deficit” before the end of the year because these investments can go up to LE20 billion. These remarks came after saying that the transfer of funds […]
Sahara: Yemen reaffirms support to Morocco’s autonomy plan & territorial integrity
Yemen has reaffirmed its steadfast support to Morocco’s territorial integrity and autonomy plan offered for a lasting and peaceful resolution of the Sahara regional conflict. The support was renewed by Yemeni top diplomat Ahmed Awad Bin Mubaraka at a joint press conference held Monday in Rabat following a meeting with Moroccan peer Nasser Bourita. The […]



