Morocco | Egypt Oil & Gas - Part 12
Total to Raise Millions in Initial Public Share Offer in Morocco
Total Maroc (IPO-TOMAR.CS), owned by France’s Total, plans to raise between 612 million dirhams and 720 million dirhams ($74.48 million) in an initial public share offer, Moroccan bourse watchdog CDVM said in a ...
Woodside Backs Out of Rabat Licence Operatorship Offshore Morocco
Woodside Petroleum has elected not to take operatorship and fund the drilling of an explortion well in return for an additional 25% equity stake in the Rabat Deep Offshore permit in Morocco. As a result, Chariot Oil &...
Morocco Seeks Energy Investment in Dubai
Morocco is on the hunt for fresh investment from the UAE to help develop its power generation sector, hoping for US$20 billion in deals over the next five years. A delegation from Morocco was in the UAE for three days...
Morocco to Lessen Reliance on Imported Energy
Visiting the beautiful country of Morocco for the first time made me wonder how this country of 33 million people, 447,000 square kilometers in area and $104 billion (Dh382 billion) in gross domestic product is managi...
Mubadala Petroleum Backs Oil and Gas Exploration in Morocco
Mubadala Petroleum is helping Morocco to evaluate its oil and gas sector as the North African country works towards making its first commercial hydrocarbon find. The Abu Dhabi company sealed an agreement with Morocco’...
Gulfsands Strikes Third Gas Discovery in Morocco
Gulfsands Petroleum has found gas at its DOB-1 well in Morocco in the Sebou onshore permit, the Office of Hydrocarbons and Mining said in a statement on Monday. The well was drilled at 1,127 meters depth and flowed at...
Moroccan Power Company Taqa Doubles Full-Year Net Profit
Moroccan power company Taqa Morocco, owned by Abu Dhabi National Energy Co , reported 2014 net profit attributable to shareholders up 102 percent to 799 million Moroccan dirham ($83.6 million), citing production from ...
LNG To Support Industrial Growth in Morocco
BMI View: Morocco’s plans to build a new LNG terminal at the port of Jorf Lasfar will be crucial to supporting diversification of energy supply and boosting industrial production over the longer term. Morocco re...
