The British company Predator Oil & Gas operating in Morocco, Trinidad and Ireland plans to raise 3.3 million pounds sterling by issuing 60 million new shares at a discount.
The British company SDX Energy has announced the launch of drilling work on the SAK-1 well in Lalla Mimouna Sud, in the Rabat-Salé-Kenitra region.
Algerian media have mentioned the possibility of reopening the Maghreb-Europe gas pipeline (GME) to transport gas to Europe as part of the MidCat pipeline construction project.
A Dassault Falcon 900 T.18-3 aircraft of the Spanish government took off on Friday from the Torrejón de Ardoz air base, bound for Blida, Algeria.
Spain has reduced its gas imports from Algeria by 42% in the period from January to July and has increased its purchases from Russia by 15.6% after the Russia-Ukraine war, according to the latest data from Enagas published in July.
The British gas exploration company Sound Energy is making significant progress in the context of phase 2 of the Tendrara production concession and announces good prospects.
The Moroccan Agency for Sustainable Energy (MASEN) is working to strengthen its cooperation in the field of renewable energies. In this sense, it has recently signed two memoranda of understanding (MoUs) with respectively the Korean Institute of Energy Research (KIER) and the Indian electricity and gas producer NTPC.
The flow of Algerian gas to Spain has not been interrupted "at any time", assures the Spanish company Enagás, after the Algerian company Sonatrach announced on Sunday the reduction of the flow due to an incident "on the Spanish side" of the Medgaz, the gas pipeline that connects the two countries.
Algeria has stopped supplying gas to Spain due to an incident on the Spanish side of the Medgaz, the gas pipeline that connects the two countries.
The National Office of Hydrocarbons and Mines (ONHYM) and the oil company SDX Energy sent, on July 18, to the Ministry of Mines, an application for a concession concerning the exploitation of natural gas.
The Anchois gas resources have far exceeded the estimates, according to the results of the certification. Chariot company will start the exploitation of the well, while continuing the exploration and accelerating the procedures for the commercialization of the gas on the Moroccan market as a priority.
To gradually free itself from Algerian gas, Spain is turning to American gas for its supply . In the first half of the year, American gas imports were up 34.4%, while those from Algeria fell by 41.11% compared to the same period last year.