Morocco cheap and fine industry news – oil extraction

ExxonMobil secures two exploration contracts

  • Morocco cheap and fine industry news – oil extraction
  • Morocco cheap and fine industry news – oil extraction
  • Morocco cheap and fine industry news – oil extraction
  • Morocco cheap and fine industry news – oil extraction

Morocco’s Oil and Gas Potential Attracts Global

Chariot Oil & Gas Signs Agreement to Become

ONHYM takes Morocco into a new era of energy

Hopes of major oil discovery offshore Morocco look to have

  • Which UK oil companies are launching natural gas discoveries in Morocco?
  • Link to arabic version In January 2022, two UK-based oil companies, Chariot Limited and Predator Oil & Gas Holdings PLC, made positive announcements on two gas fields in Morocco. These natural gas discoveries generated considerable attention.
  • Is Morocco a good place to invest in oil & gas?
  • Morocco is currently leading feasibility studies to assess and exploit the country's untapped oil and gas reserves. Rabat - Morocco’s oil exploration industry has attracted investments worth €25 million (MAD 280 million) in the first nine months of 2022, according to the Moroccan National Hydrocarbons Office (ONHYM).
  • How many oil and gas companies are in Morocco?
  • The remaining investments came from 11 oil and gas companies operating in a total area of 207,423 square kilometers. The exploration zones are located on land and sea. Morocco, says EFE, has granted 58 exploration permits and ten exploitation concessions to support energy exploration projects in the country.
  • How much oil did Morocco invest in 2022?
  • Citing a recent ONHYM report, the Spanish press agency EFE stated that the Moroccan office itself invested €1.5 million (MAD 16.8 million) in oil exploration in the first nine months of 2022. The remaining investments came from 11 oil and gas companies operating in a total area of 207,423 square kilometers.

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