Business Energy

Galp Energia enters into a farm-in agreement for offshore Morocco

The Portuguese company Galp Energia (Petróleos de Portugal e Gás) announced it has acquired a 50 percent stake in the Tarfaya Offshore area, comprising eight exploration permits, known as Tarfaya Offshore I to VIII, located on the Atlantic Margin, offshore Morocco. The company acquired the shares under a farm-in agreement with the Australian company, Tangiers […]

Culture Lifestyle

Algeria: Spanish cinema takes centre stage

Algiers is playing host to the projection of Spanish films. The first movie entitled “In his own eyes” directed by Liliana Beatrice Paolinelli was projected at the Cinematheque of Algiers to mark the beginning of the event. The project is part of Spain’s cinema program under the name “Ciné en construction.” The event started on […]

Business Energy

Trans-Saharan gas pipeline operational by 2015 if obstacles overcome

A trans-Saharan pipeline that will convey gas from oil fields in Nigeria to Spain on the Mediterranean coast through Niger and Algeria is scheduled to be operational by 2015 if the project succeeds to overcome all the obstacles on its long way. According to estimates, the 4128 km long pipeline is to convey to the […]

Africa International

Euro-Maghreb Counter-Terror Air Drill

The air forces of the five Maghreb countries (Algeria, Libya, Morocco, Mauritania &Tunisia) and their European partners France, Spain, Italy, Malta and Portugal have staged lately a joint aerial military drill destined to counter terror threats. The joint regional exercise, code-named “Circaete 2012”, seeks to enhance the combat capabilities of the air forces to prevent […]

Comments Community

Malta Meeting: Will Taskforce on Illegal Migration Work?

Several international experts, intellectuals and human rights activists are wondering whether the idea of setting up a task force to fight the upsurge of illegal immigration will ever work?. The proposed task force, to include delegates or agents from North Africa (Algeria, Libya, Morocco, Mauritania & Tunisia) and their European partners (France, Italy, Malta, Portugal […]

Business Energy Headlines Morocco

Morocco: Saudi-led Consortium Wins $1 Bln Solar Plant Bid

A consortium led by Saudi’s company ACWA Power International has won a $1 billion contract to build a 160-megawatt solar plant in Southern Morocco. The plant, to be built near city of Ouarzazate, is the first phase of a 500-megawatt ambitious project, first of its kind in Northern Africa. The Saudi-led consortium includes Spanish firm […]

Europe International

Spain: People on the dole to near 6 million in 2013

The number of people on the dole in Spain will near 6 million in 2013, i.e. more than a quarter of the workforce in the country. The gloomy unemployment figures were disclosed this week by the Spanish Confederation of Business Organizations (CEOE) which underlined that the labor reform adopted by the government will not curb […]