Reacting to the press release issued this Monday by the British firm Chariot energy company announcing a major gas discovery offshore the northern Moroccan city of Larache, the Moroccan Office for Hydrocarbons and Mines (ONHYM) confirmed the encouraging results from the Anchovy-2 drilling off Larache. ONHYM said, in a statement, that “following the encouraging results […]
Algeria has already concluded four partnership agreements with French companies as the presidential visit goes on. The agreements cover areas like pharmaceutical, medical devices and food. Companies from the two countries will be going into joint ventures for the establishment of projects with investments rules fixed at 51%-49%, as stated in rules governing foreign investment […]
Morocco has moved to the second phase of its confinement easing allowing cafes, restaurants and recreational businesses to open at half capacity, the interior, health and trade ministries said. Passenger traffic will resume between Moroccan cities except Marrakech, Tangier, Asilah, Larache and Kenitra where lockdown is stricter. Domestic flights and railways will start operating as […]
