Business Energy Europe Headlines International Morocco

Britain’s Xlinks tenders for technical study on undersea cable link with Morocco

British energy start-up Xlinks has tendered for a geophysical and geotechnical study on the route to be taken by a 3,800 Km-long undersea electricity cable connecting Morocco to the UK. The undersea cable will be the longest of its kind and is intended to cross offshore Morocco, Portugal, Spain and France before reaching the UK. […]

Business Energy Europe Finance Headlines International Morocco

Green Financing tops EBRD’s 2021 investments in Morocco

The European Bank for Reconstruction and Development’s (EBRD) injected €211 million in 10 projects carried out in Morocco in 2021. More than half of the total investment funded green projects. Through its Green Economy Financing Facility (GEFF) and the Green Value Chain Program, the EBRD provided a total of €88 million to partnering banks to […]

Community Energy Europe Headlines International Morocco

Morocco’s leadership in fight against climate change hailed by UN agency

Morocco’s leadership in the fight against climate change and the promotion of renewable energies was hailed on Wednesday by the Secretary General of the World Meteorological Organization (WMO), Peter Taalas. the Secretary General of the WMO notably highlighted, during a meeting with the Arab Group in Geneva, the launch by the Kingdom of the largest […]

Africa Asia Business Energy Headlines International Morocco

Chinese Greenland chose Morocco as its first platform in Africa to sell its industrial electric vehicles

Greenland Technologies Holding Corporation, a Chinese group that develops and manufactures 100% electric industrial vehicles has signed a distribution agreement with Morocco, its first platform in Africa. The Chinese technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles announced over the weekend it has signed a new […]

Energy Headlines Morocco

Morocco poised to become energy exporter thanks to hydrogen- IRENA

Morocco was cited as one of the four countries in the world with a significant potential to become exporters of green hydrogen, the international renewable energy agency IRENA said. Morocco has already announced a national plan to increase the share of renewable energy in overall energy consumption with a potential to supply 4% of global […]

Energy Headlines Maghreb Morocco

Morocco: Chariot Oil and Gas to start marketing Larache offshore gas in 2024

UK company Chariot Oil and Gas will start pumping gas from offshore Larache in the Atlantic to Moroccan clients in 2024, head of Morocco’s hydrocarbons office Amina Benkhadra said. Chariot had announced few days ago a major gas discovery offshore the northern Moroccan city of Larache, following appraisal and exploration drillings carried out at the […]

Energy Headlines Libya

Four Libyan oilfields to reopen after deal between Prime Minister & PFG

Production at four vital Libyan oilfields will resume after a meeting between Prime Minister Abdulhamid Dbeibeh and representatives of a faction of the Petroleum Facilities Guard (PFG) which handle security of the sites, reports say. Wafa, El Feel, Sharara and Hamada oilfields halted production after the PFG staged protests against a number of issues, including […]

Energy Europe Headlines International Morocco

Morocco-Gas exploration: Encouraging results from Anchovy-2 drilling confirmed

Reacting to the press release issued this Monday by the British firm Chariot energy company announcing a major gas discovery offshore the northern Moroccan city of Larache, the Moroccan Office for Hydrocarbons and Mines (ONHYM) confirmed the encouraging results from the Anchovy-2 drilling off Larache. ONHYM said, in a statement, that “following the encouraging results […]

Business Emerging Markets Energy Headlines Maghreb Morocco

Significant Gas Discovery in Morocco’s Offshore

Chariot energy company announced this Monday a major gas discovery offshore northern Moroccan city of Larache, following appraisal and exploration drillings carried out at the Anchois-2 well within the Lixus licence. Chariot has a 75% interest and operatorship of Lixus in partnership with the Office National des Hydrocarbures et des Mines (“ONHYM”) which holds a […]

Energy Headlines Morocco

Morocco considers setting up LNG infrastructure in Mohammedia port

Morocco invited bids for a study concerning the setting up of LNG infrastructure and a floating storage and regasification unit in the port of Mohammedia, the port agency said. January 25 was set as a deadline for the bid which aims at helping the port agency upgrade the port to host LNG and FSRU infrastructure. […]