Spain’s Cepsa, signs a US$133m deal Derhem Holdings to launch Service Station Network in Morocco

Morocco – Spanish oil company Cepsa and Moroccan company Derhem Holding have announced the launch of a new network of service stations in Morocco. Derhem Holding is a Moroccan holding company active in several sectors including hydrocarbons, maritime, and fishing. A statement from Cepsa revealed that the decision to launch service points in Morocco is in line with the company’s international expansion and “the reinforcement of its integrated business model.” Director of Marketing at Cepsa Alvarado Diaz Bild said that Morocco is a “key region for Cepsa. “We had a…

Read More