GAZ Morocco

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 […]

Morocco: EU Members Support Morocco’s Presidency of COP22 Summit

European Union members topped by EU Foreign Policy Chief Federica Mogherini Monday hailed Morocco’s leadership to chair the COP22 Summit to take place in in Marrakech November this year. The EU members also expressed their satisfaction for the choice of Morocco as the next host of the global event and indicated that the choice of […]

EV Batteries: China’s Hailiang to build $288 Mln Copper Plant in Morocco

Chinese company Zhejiang Hailiang has announced plans to invest $288 million in a Moroccan facility to produce copper foil for lithium batteries to power electric vehicles. According to press reports, citing the Company’s filing to the Shenzhen Stock Exchange, the new Moroccan base will enable the Chinese producer of copper tubes and rods to meet […]