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Keywords: Divestment


Sound Energy Completes Sale of Moroccan Assets to Managem for $45.2 Million

Sound Energy has completed the partial divestment of its Moroccan gas assets to Managem Group, a transaction valued at up to $45.2 million. This move is in line with Sound Energy’s strategy to unlock greater value from its energy projects in Morocco. Graham Lyon, Executive Chairman of Sound Energy,......

A Taste of Resistance: The Story Behind “Genocide-Free” Cola in the UK  

 London, UK – Amid the vibrant atmosphere of Holborn, a bustling neighborhood in central London, a unique beverage is making waves. Cola Gaza, a cherry-red soda adorned with the Palestinian flag’s colors and keffiyeh-inspired artwork, is more than just a drink—it’s a symbol......

Historic Mamounia Hotel Changes Hands: A $173 Million Deal

In a landmark transaction, the Moroccan government has sold its shares in the legendary Mamounia Hotel to the state-owned OCP Group for a sum of 1.7 billion dirhams ($173 million). This move signals a significant shift in ownership for Morocco's oldest and most illustrious hotel, celebrated globally......

Energean Streamlines Global Operations to Zero In on Morocco

London-based Energean PLC divests Egyptian, Italian, and Croatian portfolios in a $945 million deal, aiming to sharpen its focus on Moroccan assets. In a strategic move poised to reshape its global footprint, Energean PLC, headquartered in London, has announced the sale of its portfolios in Egypt, Italy,......

SDX Energy Shifts Focus from Egypt to Morocco, Expands Green Energy Agenda

In a strategic move aimed at streamlining operations and intensifying its focus on Moroccan assets, SDX Energy, a London-listed energy company, has signed a binding agreement to divest its West Gharib interests in Egypt for $6.6 million. This transaction marks a pivotal moment in the company's pursuit......