Morocco | Egypt Oil & Gas - Part 7

Sound Energy Confirmed The Success of TE-7 Well in Morocco

The European and African focused gas company, Sound Energy, has confirmed the success of its second well, TE-7, in Tendrara, Morocco, according to Morocco World News. The TE-7 well, which is located in the northeaster...

Morocco Issued $118 Green Bond

The Moroccan Agency for Solar Energy (Masen) has issued Morocco’s first green bond to help to finance the country’s development of solar power. The $118m bond will fund three schemes that form part of the ...

Morocco Got $38m towards Sustainable Energy

The European Bank for Reconstruction and Development (EBRD), Agence Française de Development (AFD), and the European Investment Bank (EIB) will provide $38m financing facility to Banque marocaine du commerce extérieur...

Sound Energy Drilled 2nd Well at Tendara

Sound Energy Plc, the oil and gas exploration and production company, announced that it has completed drilling of its second gas well TE-7 at Tendara, Morocco. The company expects the first commercial gas from the pro...

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, The National reported. TAQA Morocco said its first-h...

Sound Enegery, PetroMaroc Reassessed Sidi Moktar Deal

Sound Energy, a British oil firm with a focus on Mediterranean and African upstream projects, and PetroMaroc Corporation, an independent oil and gas company, are reassessing their agreement regarding Sound Energy’s ac...

Cycle Oil Completed Morocco’s Pipeline Repairs

Circle Oil, an international oil and gas exploration and production company, declared the completion of repairs to its gas pipeline in Morocco, reported Oil Voice. Office National des Hydrocarbures et des Mines (ONHYM...

Moroccan Gas Output Slashes Following an Earthquake

A temporary reduction in gas flow rates has hit the Kingdom of Morocco following a recent earth quake near the town of Kentira, RigZone informed. The incident resulted in the shut down of an Office National des Hydroc...

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 the company’s Tendrara license, onshore Morocco, Reuters reported. The first Tendrara wel...

Morocco Approaches Russian Energy Investments

Morocco’s Secretary General of the Ministry of Energy, Mines, Water, and Environment, Abderrahim El Hafidi, said that a number of investment opportunities were proposed to the Russian gas and oil companies durin...

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