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SDX Energy Abandons Gas Well in Northwestern Morocco
UK-based SDX Energy has decided to abandon the ELQ-1 well in the Gharb Center permit, northwestern Morocco, after failing to achieve desired results from a drilling campaign. Drilled to a total depth of 1,484m, the well has encountered 22.6 net meters of reservoir interval and two meters of marginal net conventional gas pay in the […]
Morocco Selects Ashurst, HSBC as Advisors for ‘Gas to Power’ Project
Morocco’s Electricity Utility (ONEE) selected two British firms as technical and financial advisors for its gas to power project. The London-based law firm Ashurst has been selected under a contract worth €1.9 million, while the Emirati branch of the British bank HSBC won a legal contract standing at $7.2 million. The gas to power project […]
Morocco Signs Accord Setting Up African Free Trade Area
Morocco, which rejoined the African Union last year, signed this Wednesday the agreement launching the African Continental Free Trade Area (AfCFTA). The signing ceremony took place at the 10th Extraordinary Summit of the African Union on AfCFTA convened in Kigali, Rwanda. The AfCFTA was inked by Head of Moroccan Government Saâd Eddine El Othmani, who […]



