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OIL AND GAS

January 18, 2022

Morocco poised to become energy exporter thanks to hydrogen- IRENA

Morocco was cited as one of the four countries in the world with a significant potential to become exporters of green hydrogen, the international renewable energy agency IRENA said.

Morocco has already announced"...

January 18, 2022

Predator Oil & Gas Discovers New Commercially Viable Gas in Guercif

Fez - The US-based Predator Oil & Gas Holdings has announced the discovery of a new gas field likely to be commercially viable in Guercif, northeastern Morocco.

A reassessment of the potential of the Guercif"...

January 17, 2022

Lareche Offshore Gas Production to Commence in 2024

Rabat - Gas drilling and production are to commence in 2021, according to the Director of Morocco’s Hydrocarbons and Mines Office (ONHYM) Amina Benkhadera.

Initial evaluations found that the Lixus offshore"...

January 12, 2022

Dana Gas & Crescent Petroleum achieve 50% gas production growth in KRI over past 3 years

Gas production from Khor Mor field reaches record 452 MMsscf/d, a 50% increase in production since 2018 Expansion project underway to achieve an additional 55% increase to 700 MMscf/d by next year Dana Gas, the Middle East’s leading publicly listed regional natural gas company, and its partner, Crescent Petroleum, the oldest private oil & gas company in...

January 12, 2022

Mohammed VI Museum: First Museum in Africa to Install Solar Energy

Rabat – Morocco’s Mohammed VI Museum of Modern and Contemporary Art (MMVI) will be powered by solar energy, becoming the first museum in Africa to self-produce its electricity with a photovoltaic installation.

MMVI’s"...

January 11, 2022

Anchois offshore Morocco emerging as major gas discovery

LONDON – Chariot has achieved strong results from its Anchois-2 appraisal well on the Lixus license offshore Morocco.

Early assessment of data from the well, drilled by the semisubmersible Stena Don in 381"...

January 11, 2022

Spain Facing Severe Gas Shortage After MEG Pipeline Closure

Rabat - Following the closure of the Maghreb-Europe Gas Pipeline (MEG), Spain’s natural gas supply dropped by 21.2% in 2021. To compensate, Algeria increased its supply of liquefied natural gas (LNG) by 16.4% in 2021.

Two"...

January 11, 2022

Gas Discovery In Morocco Drive Chariot Ltd. Shares Up

Rabat - Chariot Ltd. shares rallied Monday morning in reaction to the news of significant gas discovery at the Anchois-2 offshore well, on the coastline of Morocco’s Larache in the north.

In a statement"...

January 7, 2022

Morocco’s Competition Council Criticizes Domestic Liquified Gas Monopoly

Fez - Morocco’s Competition Council released today its opinion concerning the draft law n° 94.17 on the downstream (sales to customers) section of the natural gas sector. The council further recommends the amending of law n° 48.15 relating to the regulation of the electricity"...

January 7, 2022

Morocco Boosts Investment Budget to MAD 7.19 Billion

Fez - Morocco’s Investment Commission on January 5 approved7 draft agreements for a total budget of over MAD 7.19 billion ($777.20 million), according to a statement from the government cabinet.

Morocco’s"...

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