Libya: Operations onshore Sirte Basin transferred to new company

Operations onshore Libya’s Sirte Basin were transferred by Wintershall Aktiengesellschaft (WIAG) to Sarir Oil Operations (SOO), a newly established joint operating company with the National Oil Corporation (NOC). The transfer concerns operatorship of Contract Areas 91 (former Concession 96) and 107 (former Concession 97), wintershall said in a press release. After the signing of two […]

Morocco narrows its trade deficit by 7.6% in November

Morocco cut its trade deficit by 7.6% in November thanks to higher exports of the automotive sector and lower energy prices. Morocco’s imports stood at 653 billion dirhams, down 3.3%, while its exports remained almost stable at 392 billion dirhams. A drop in phosphates and by product sales was compensated by an improvement in sales […]

Niger: as ECOWAS force on ‘standby’ for intervention, coup leaders open to talks, say mediators

Talks between a delegation of senior Nigerian Islamic scholars and the Niger’s coup leaders in Niamey have been “constructive” and the latter are open to diplomacy to resolve a standoff with West Africa’s regional bloc, ECOWAS, the Nigerian religious leaders said on Sunday (13 August). In a sign the ECOWAS bloc is still pushing for […]