Morocco | Egypt Oil & Gas - Part 10
Morocco: the New Investment Hub for Oil and Gas
Morocco has succeeded in becoming the new investment hub for oil and gas, said director general of the Moroccan National Hydrocarbons and Mining Company (ONHYM).
EBRD Boosts Morocco’s Hydropower sector
Morocco will receive a $37,5m loan from the European Bank for Reconstruction and Development (EBRD) to boost the hydropower sector in the country. Morocco Reports High Success Rate in Search of Gas
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.
Abengoa Extends Deal for Moroccan Solar-Gas Facility
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.
African Heads of State Head to India for Continental Summit
The King of Morocco Mohammed VI arrived at Indira Gandhi international airport to participate in the 3rd India-Africa Forum Summit
Moroccan Oil Refiner Samir Gets Backing for Key Capital Increase
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 Prepares for Well Testing in Morocco
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.
UAE’s Masdar in Talks with Morocco to Invest in Wind, Solar
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.
