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Tunisia: PAR and Sondes waiting on partnership

Since the conclusion of a preliminary agreement with Canadian oil and gas exploration and production company Sonde Resources in December, PA Resources (PAR) is still looking for farm-in partners for the Zarat license offshore Tunisia. The two companies hold the joint oil block license north of the Zarat concession, concerning unitization principles for the Zarat […]

Some 38% of Moroccan enterprises reduced staff due to pandemic

The pandemic and the restrictive measures related to it have taken a toll on Moroccan firms with 38% having been forced to cut staff while 8% have suspended activity waiting for better conditions, Morocco’s statistics agency (HCP) said. Some 83% of all enterprises maintained business despite Covid-19 while 2.2% halted activity all together, the agency […]

Arab MPs denounces interference of European Parliament in Morocco’s domestic affairs

The Arab Parliament strongly denounced the meddling of the European Parliament in Morocco’s internal affairs as well as the unfounded human rights accusations against the North African country. The Arab Parliament voiced strong disapproval of the European Parliament’s resolution which interfered in the judicial procedure of a sovereign Arab state, Arab MPs said in a […]