Morocco’s main port operator hits record 49% profits for 2024
Marsa Maroc reported a net profit of over $130 million in 2024, an increase of 49% over the previous year.
BP has revealed that the floating production storage and offloading (FPSO) vessel needed for the continued development of the Greater Tortue Ahmeyim (GTA) project has been delivered to the maritime border of Mauritania and Senegal.
The vessel, which the British energy giant called a “key component of the GTA Phase 1 LNG development”, is now at its final location, moored 40km offshore in a water depth of 120m.
Built at China’s COSCO Qidong shipyard, the boat will serve the LNG project, which is expected to produce 2.3 million tonnes per annum in the first phase of development, said a statement from BP.
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