Sound Energy to Commercialize ‘Sidi Mokhtar’ Gas by end of 2017

Sound Energy, the African and European focused upstream gas company, announced that it will start commercializing the first gas from Sidi Mokhtar in Essaouira Basin, central Moroco, by the end of 2017. Sound Energy, which received authorization last year to explore Sidi Mokhtar License area covering 2,700 square kilometres, confirmed that two wells Koba-1 and […]

European political party slams Algeria’s bellicose behavior

Algeria’s aggressive tendencies in the Maghreb and throughout the region were once again denounced by the Alliance of Liberals and Democrats for Europe (ALDE) in the European Parliament. The Vice President of the ALDE Party, Bulgarian MEP Ilhan Kyuchyuk called on the Vice President of the European Commission, High Representative of the EU for Foreign […]

Sweden’s SKF Invests $4.9 Mln in Factory in Morocco

SKF, the world’s biggest bearings maker, announced on Monday a $4.9 million investment earmarked for building a manufacturing site in Tangier in Morocco. The Swedish company said the plant will enable it to meet growing demand for magnetic bearings used in turbomachinery and other high-speed applications, including hydrogen gas liquification and for oil-free industrial compressors. […]