First Independent Mena Newspaper
Sound Energy, the Moroccan focused upstream gas company and holder of the Tendrara gas concession, announced this Tuesday that it has concluded an agreement with l’Office National des Hydrocarbures et des Mines (ONHYM) to connect to the Maghreb-Europe gas pipeline (GME). This agreement marks another important step towards the effective entry into force of the […]
The Rissana offshore zone, located in the immediate vicinity of that of Lixus, off Larache, where large gas reserves were discovered last January, has been awarded to the British company Chariot. The Africa focused transitional energy company Chariot announced this Monday February 28 that it has been formally awarded the Rissana Offshore Licence for gas […]
Morocco has granted four exploration licenses for gold mines to the Canadian company Stellar AfricaGold Inc. part of its plans to upgrade the exploitation of its natural resources. The Canadian exploration company, which explores precious metals, has announced it secured the four new exploration permits to expand operations in Tichka, at approximately 80 kilometers south-southwest […]
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 […]
The National Offices of Hydrocarbons and Electricity, ONHYM and ONEE, said in a joint statement Sunday evening that Morocco has secured continued supply of electricity, following a decision by Algeria not to renew the Maghreb- Europe gas pipeline agreement. to stop supplying gas to Morocco via The pipeline used to cover about ten percent […]
Morocco has granted to the oil company Conocophillips-Morocco Ventures Ltd, a subsidiary of American energy corporation, a two-year permit to carry out onshore exploration works and studies in “Mesorif” area located in the north of the country. The reconnaissance contract was signed lately via videoconference by Amina Benkhadra, General Manager of hydrocarbons Office, and Melissa […]
The gas pipeline project to link Nigeria to Morocco is a strategic undertaking for regional integration in West Africa, said Mrs. Amina Benkhadra, Head of Morocco’s National Office for Hydrocarbons and Mining (ONHYM). This ambitious project will also have positive impacts on the socio-economic development of all countries in the region, said Mrs. Benkhadra at […]
Qatar Petroleum has joined the Italian oil company ENI and Morocco’s Office for Hydrocarbons and Mining ONHYM to explore for oil and gas off Tarfaya. ENI and Qatar Petroleum have signed an agreement on Wednesday allowing the Qatari company to acquire a 30% stake in the offshore concession of Tarfaya, including 12 blocks of exploration […]
Morocco offers an attractive business climate and numerous incentives to investors in the oil and gas prospection, said Forbes. The US magazine described Morocco as a “North African economic powerhouse” that has a promising oil and gas industry. The article zooms on the efforts undertaken by the Hydrocarbons and mines office (ONHYM) in terms of […]
Morocco’s huge potentials in oil & gas and the business opportunities offered in the sector are currently showcased at the second Morocco Oil & Gas Summit convened in Marrakech Feb.-6-7. Organized by the Moroccan National Office of Hydrocarbons and Mines (ONHYM), the event is bringing together potential and existing investors, including SDX Energy, Chariot Oil […]