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 […]

Mauritania: Government Warns Opposition against Involving Defense Forces in Politics

As Mauritania heads towards presidential elections next year, the regime of Mohamed Ould Abdel Aziz has warned the opposition to refrain from wooing the army to intervene in the country’s politics. The warning was made by Defense Minister Jallow Mamadou Bhatia Sunday at a press conference in capital Nouakchott. The opposition, Middle East Monitor reports, […]

Morocco steps up efforts to attract foreign investors

Morocco is set to create 12 special economic zones in its 12 regions offering tax incentives and other advantages to attract foreign industrial investors. The special zones are also meant to boost exports and curb imports in order to ease the country’s trade deficit. The decision was made in 2016 in a business charter that […]