First Independent Mena Newspaper
Chariot Oil & Gas announced that it received a 75% stake of the Kenitra offshore exploration permit which together with the neighboring offshore exploration in Mohammedia could contain more than 1 billion barrel. The UK company said its subsidiary Chariot Oil & Gas Investment (Morocco) will carry out the exploration in partnership with Morocco’s Office […]
Morocco’s leading company in wiring systems and electrical equipment, Nexans Morocco, will invest around €12 million to set up a wire producing plant near Abidjan, Côte d’Ivoire. The plant to cover 30,000 square meters will be operational by 2018. The factory will produce electric wires to be used in residential constructions and office buildings, as […]
Chariot Oil & Gas Limited has been awarded by Moroccan authorities a 75 pc interest and operatorship of the Mohammedia Offshore Exploration Permits I – III, which span over 4,600 square kilometers. The company says the area contains a number of proven and potential play systems. “Chariot is pleased to be able to convert the […]