Morocco | Egypt Oil & Gas - Part 7
Sound Energy Drilled 2nd Well at Tendara
Sound Energy Plc announced that it has completed drilling of its second gas well TE-7 at Tendara, Morocco.
TAQA’s Profits in Morocco Grew by 5%
TAQA, an Abu Dhabi national energy company, announced that the first-half net profit at its Moroccan unit for 2016 improved as it took advantage of low coal prices. Sound Enegery, PetroMaroc Reassessed Sidi Moktar Deal
Sound Energy and PetroMaroc Corporation are reassessing their agreement regarding Sound Energy’s acquisition of 50% operated interest in three onshore gas permits located in Morocco for the Sidi Moktar licenses.
Cycle Oil Completed Morocco’s Pipeline Repairs
Circle Oil, an international oil and gas exploration and production company, declared the completion of repairs of its gas pipeline in Morocco.
Moroccan Gas Output Slashes Following an Earthquake
A recent earth quack in northern Morocco, near the town of Kenitra, resulted in the closure of a pipeline used to transport natural gas from its Sebou field. Sound Energy Confirms Large Gas Discovery in Morocco
Sound Energy PLC, a British upstream company, confirmed a significant gas discovery and a potential single gas column at company's Tendrara license, onshore Morocco. Morocco Approaches Russian Energy Investments
A Moroccan energy official said that a number of investment opportunities were proposed to the Russian gas and oil companies during a joint working group held in Moscow.
Engie, Nareva Ink Energy Projects in North, West Africa
French energy firm Engie announced in a statement that it has signed a MoU with Moroccan Nareva Holding to develop new energy projects in north and west Africa including Egypt, Ivory Coast, and Senegal.
