Morocco’s Office of Hydrocarbons and Mining (ONHYM) announced that the drilling program at the Gharb-Chrarda-Beni Hssen region has been successful, with 19 out of 22 wells drilled testing positive for natural gas.
Spanish renewable energy company Abengoa has signed an extension to its operations and maintenance agreement with the Moroccan Power and Drinking Water Office for the Ain Beni Mathar solar-gas power plant.
Moroccan oil refiner Samir said it has won the backing of its extraordinary general assembly for a capital increase of $1.04b in an effort to end the company's financial difficulties.
Circle Oil, the North African company, informed that the KSR-A well, located within the Ksiri Central production concession of the Sebou permit, onshore Morocco, reached a TD of 1,890 metres MD on 19 September 2015.
Abu Dhabi-based renewables firm Masdar is currently in talks over taking part in Morocco's forthcoming wind tender as well as other wind and solar energy investments.
Morocco's energy minister, Abdelkader Amara, said on Tuesday that his country expects to shortlist three companies for its new long-term contracts to LNG within the next two weeks
Renewables developer Enel Green Power, the renewable energy arm of Italian utility Enel, is planning to expand business in Morocco, CEO Francesco Venturini said.