Oil exploration: Qatar Petroleum gains foothold in the Tarfaya offshore area

Qatar Petroleum has joined the Italian oil company ENI and Morocco’s Office for Hydrocarbons and Mining ONHYM to explore for oil and gas off Tarfaya. ENI and Qatar Petroleum have signed an agreement on Wednesday allowing the Qatari company to acquire a 30% stake in the offshore concession of Tarfaya, including 12 blocks of exploration […]

Moroccan Parliament decides to reconsider its relations with European Parliament

The Moroccan Parliament announced Monday it has decided to reconsider its relations with the European Parliament (EP) and to subject these relations to an overall assessment, in order to take appropriate decisions, following the EP’s latest positions regarding Morocco. This announcement was made in a statement released Monday at the end of a joint meeting […]

Morocco, Spain trade breaks new records in 2024

In 2024, Morocco became Spain’s second supplier outside the EU, with an increasing volume to 13 billion euros. Moroccan goods made up 2.3% of total Spanish imports, as the kingdom strengthened its position as Spain’s main African trade partner. This positioned Morocco as Spain’s main African supplier with 28% of all goods purchased from the […]