Egyptian billionaire targets $400M tourism project on Morocco’s Atlantic coast
Samih Sawiris, the Egyptian billionaire and CEO of Orascom, a Cairo-based infrastructure and construction giant, is pursuing a $400 million
Mauritania is seeking a developer for its BirAllah offshore natural gas discovery after a license held by BP and Kosmos Energy expired
Speaking to Bloomberg. Moustapha Bechir, technical adviser at the West African country’s Ministry of Petroleum, Energy and Mines said the contract ended on April 29, “in accordance with the provisions of the contract, we are currently promoting the block for a new operator who shares our vision for the development.”
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