MOROCCO: Sound Energy Signs Binding Agreement for the Sale of Share capital of Sound Energy Morocco East Limited

Sound Energy has announced the entry into a binding Sale and Purchase agreement for the partial divestment of the Company’s Moroccan assets by way of the disposal by the Company … Read More

ALGERIA: Viridien Awarded Large Seismic Imaging Project by Groupement Berkine

Viridien, formerly CGG, has been selected by Groupement Berkine; a joint venture between Sonatrach, Occidental Petroleum, and other international partners, to perform the seismic imaging of a 3,400 sq km … Read More

Baker Hughes to Support Strategic Gas Project in Algeria to Enhance Italy, Europe’s Energy Security

Baker Hughes it was awarded a major contract from SONATRACH for a gas-boosting project for the Hassi R’Mel gas field in Algeria. The contract is part of a broader order awarded to a consortium … Read More

MOROCCO: Sound Energy Announces Audited final results for the year ended 31 December 2023

HIGHLIGHTS Substantial 2023 Project execution undertaken – positioned for significant operational and financial progress through development of pivotal Moroccan Tendrara Production Concession, with rig activities from June 2024 and plant commissioning … Read More

MAURITANIA: Over $289M in Financing to Develop Solar Power Generation, Transmission & Accelerate Energy Transition

Mauritania’s Minister of Economy and Sustainable Development, Abdessalam Mohamed Saleh, and the African Development Bank’s Deputy Managing Director for North Africa, Malinne Blomberg, signed, on Thursday in Nouakchott, financing agreements … Read More