Your account has been succesfully created.

EN FR

The Morning Brief
Log in

Password

Keep me logged in

Forgot your password?
Subscribe

Morocco
New Age oil junior quits Sahrawi offshore

The British-owned but Chinese-backed group New Age has just closed its subsidiary in the kingdom, which had been exploring the Foum Ognit oil block off Laayoune since 2014. [...]

Published on 10/01/2022 at 06:00 GMT Reading time 2 minutes

This article may be accessed by subscribers

In order to ensure high-quality and independent journalism, Africa Intelligence relies solely on subscriptions from its readers, with no advertising, no events and no consulting work.

Several offers are available depending on your particular reading needs

Consult our offers

Do you want a free trial before subscribing?

Create your free account

Discover our work by making use of the following possibilities: daily newsletters, a selection of free articles, keyword alerts.

Do you want a free trial before subscribing?

create a free account

Energy

Set up email notifications for these topics

Glencore
HOPU Investments
Kerogen Capital
KLP
New Age
New Age Morocco
Office national des hydrocarbures et des mines
Wison

Morocco
CCCC eyes gas terminal deal and rail project after Tanger Tech victory

The Chinese state construction giant and its subsidiary CRBC, in association with the Wison group, hope to snag the contract to build Morocco's first floating regasification unit (FSRU). The unit will allow the kingdom to import gas by ship, after Algeria shut down the GME pipeline.

Subscribers only Business 08.12.2021

Cameroon
New Age far from starting production on Etinde despite promise of new contract

Numerous financial and political obstacles are preventing New Age from beginning production on Etinde block, agreement of principle or not.

Subscribers only Energy 11.02.2021

Congo
Sassou extends New Age's Marine III exploration licence

The British junior New Age is to have an extra year to conduct drilling on its Congolese exploration permit for Marine III.

Subscribers only Energy 10.12.2020

Cameroon
Arbitration: Grynberg clouds Kelly and Collins' arrival at Victoria

The businessman is back on the offensive against its Logbaba partner, Victoria Oil & Gas, just as it welcomes two new board members.

Subscribers only Energy 17.03.2020

Cameroon, Congo, Nigeria
Etinde and Marine III weather New Age's clearance sale

It appears British junior New Age may be preparing to withdraw from the African continent altogether. According to our sources, [...]

Subscribers only Energy 07.01.2020

Spotlight | Gulf of Guinea
New Age adrift after Steve Lowden cast overboard

Middling operating results has set into action a wave of changes at oil & gas junior New Age (African Global Energy). Africa Energy Intelligence investigates as the firm's shareholders send a host of senior management packing, including chairman and founder [.

Subscribers only Energy 04.09.2018

Morocco
Fund sells off $24 million of Glencore shares in Sahrawi offshore

Opposed to its operations in Western Sahara, Norway’s KLP fund has withdrawn its trust from Glencore and is threatening to suspend other investments, too.

Subscribers only Energy 22.12.2015

Morocco
New Age keeps eagle's eye on results of Kosmos' well

The results that Kosmos Energy will unveil in March from the first well it drilled on the Cap Boujdour licence [...]

Subscribers only Business 26.02.2015

Set up email notifications for these topics

Glencore
HOPU Investments
Kerogen Capital
KLP
New Age
New Age Morocco
Office national des hydrocarbures et des mines
Wison

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!

Libya
From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

Senegal
Guns and oil drive Russia's Dakar courtship

Morocco
New Age oil junior quits Sahrawi offshore

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

Morocco
CCCC eyes gas terminal deal and rail project after Tanger Tech victory

Cameroon
New Age far from starting production on Etinde despite promise of new contract

Congo
Sassou extends New Age's Marine III exploration licence

Cameroon
Arbitration: Grynberg clouds Kelly and Collins' arrival at Victoria

Cameroon, Congo, Nigeria
Etinde and Marine III weather New Age's clearance sale

Spotlight | Gulf of Guinea
New Age adrift after Steve Lowden cast overboard

Morocco
Fund sells off $24 million of Glencore shares in Sahrawi offshore

Morocco
New Age keeps eagle's eye on results of Kosmos' well

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

Subscription

Indigo Publications' websites

Libya From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

Senegal Guns and oil drive Russia's Dakar courtship

Cabo Delgado: a gas Eldorado and security nightmare

East Africa's hotly contested coffee sector

Transition: what's next after the coup?

Morocco New Age oil junior quits Sahrawi offshore

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

Morocco CCCC eyes gas terminal deal and rail project after Tanger Tech victory

Cameroon New Age far from starting production on Etinde despite promise of new contract

Congo Sassou extends New Age's Marine III exploration licence

Cameroon Arbitration: Grynberg clouds Kelly and Collins' arrival at Victoria

Cameroon, Congo, Nigeria Etinde and Marine III weather New Age's clearance sale

Spotlight | Gulf of Guinea New Age adrift after Steve Lowden cast overboard

Morocco Fund sells off $24 million of Glencore shares in Sahrawi offshore

Morocco New Age keeps eagle's eye on results of Kosmos' well

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Libya
From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

Senegal
Guns and oil drive Russia's Dakar courtship

Morocco
New Age oil junior quits Sahrawi offshore

Morocco
CCCC eyes gas terminal deal and rail project after Tanger Tech victory

Cameroon
New Age far from starting production on Etinde despite promise of new contract

Congo
Sassou extends New Age's Marine III exploration licence

Cameroon
Arbitration: Grynberg clouds Kelly and Collins' arrival at Victoria

Cameroon, Congo, Nigeria
Etinde and Marine III weather New Age's clearance sale

Spotlight | Gulf of Guinea
New Age adrift after Steve Lowden cast overboard

Morocco
Fund sells off $24 million of Glencore shares in Sahrawi offshore

Morocco
New Age keeps eagle's eye on results of Kosmos' well