Bensalah

Predator Oil & Gas Gets 8-Year License for Exploration in Morocco

The Jersey-based company Predator Oil & Gas said on Monday it received an eight-year permit for hydrocarbon exploration and appraisal onshore northern Morocco. The exclusive license includes an initial 30-months exploration phase covering an area stretching 7,269 square km, to the east of producing gas fields and northwest of Sound Energy PLC’s Tendrara gas project. […]

Nigeria-Morocco Gas Pipeline: A powerful tool for development, regional integration – ONHYM Chief

The Nigeria-Morocco gas pipeline project is a genuine powerful tool for development and regional integration, stressed, in Abidjan, Director General of Morocco’s National Office of Hydrocarbons and Mines (ONHYM), Amina Benkhadra. “It is a transformative project for our continent,” said Benkhadra who was speaking before a panel of investors on the sidelines of the 3rd […]

Morocco to treat IMF credit line as precautionary

Morocco will continue to consider the IMF flexible credit line of $5 billion as precautionary and would only draw on it in case of external shocks like the Covid-19 pandemic, Morocco’s finance ministry said. The credit line is only granted to countries with sound macroeconomic and financial fundamentals and would add to Morocco’s credibility in […]