Samsung Heavy secures $637M deal to power Mozambique’s LNG future

South Korea’s Samsung Heavy Industries (SHI) has signed a landmark $637 million deal to build a floating liquefied natural gas (FLNG) facility for a European client operating in Mozambique, reinforcing Africa’s rising profile in global energy markets. The state-of-the-art Coral Norte FLNG platform, to be constructed offshore, will liquefy, store, and export natural gas directly […]

African Ambassadors hail credibility, boldness of Royal Atlantic Initiative

Ambassadors from several African countries hailed, Wednesday in Dakhla, the “credibility” and “boldness” of King Mohammed VI’s initiative to promote Sahel countries’ access to the Atlantic Ocean. “Despite the security challenges facing Sahel countries, Morocco, through the Royal Initiative, strives to make the Atlantic coast a large-scale economic integration center,” they stated during a panel […]

Spanish King’s Visit to Morocco, a Token of a Strategic Relationship

The two-day official visit King Felip VI of Spain is paying to Morocco as of this Monday, less than a month after his enthronement following the abdication of his father, translates the special importance the two countries grant to their strategic relationship and shows that the changeover of power in Spain is not having any […]