Energy Headlines Morocco

Gas exploration: SDX Energy begins second phase of its drilling campaign in the Gharb

The British oil and gas exploration company operating in North Africa has announced the start of the second phase of its drilling campaign in Morocco, involving two wells located in the Gharb region. The results will be known next December.   In a press release released on Friday, Nov.19, the London-based company explains that this […]

Energy Europe Headlines International Morocco

SDX Energy announces commercial gas findings in Northern Morocco

British company SDX Energy announced commercial gas findings during a recent drilling operation in northern Morocco, describing the discovery as excellent news.   In a press release, the company announced that it drilled the BMK-1 well to a measured depth of 1,551 meters and encountered commercial quantities of gas.   “The Upper Guebbas was encountered […]

Energy Headlines Maghreb Morocco

SDX Energy Finds Gas in Morocco’s Northwest

The UK-based SDX energy announced a new discovery in north western Morocco, which, it said, is above pre-drill estimates. The company has encountered commercial quantities of gas in its OYF-2 well and confirmed the extension of its core area to the north, it said in a statement. The well, in which the company has 75% […]

Energy Headlines Morocco

Morocco Displays its Huge Untapped Potentials in Oil & Gas

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 […]

Energy Headlines Morocco

SDX Energy Morocco Gets €10 Mln EBRD Loan

The European Bank for Reconstruction and Development supports SDX Energy Morocco with a loan of up to €10 million to finance the enhancement of upstream gas production and related gas transport infrastructure to Kenitra industrial zone customers, facilitating the switch away from polluting fuel oil. Eric Rasmussen, director of the EBRD’s Natural Resources team said: […]

Energy Headlines Morocco

Morocco: Investments in Oil & Gas Explorations Reach $2.8 bln

Investments in oil and gas explorations onshore and offshore Morocco since 2015 have totaled $2.8 billion (25 billion dirhams), 96% of which was paid by partners of the Moroccan hydrocarbons and mining office. Speaking at a meeting of the board of directors of the office, the Moroccan government chief said that the increasing oil and […]

Energy Headlines Morocco

SDX Makes Another Gas Discovery in Morocco

UK-based SDX Energy announced a new gas discovery in its ONZ-7 development well in the Sebou permit, north-western Morocco near the Atlantic city of Kenitra. Drilled to a total depth of 1,167 meters, the ONZ-7 well encountered five meters of net conventional natural gas pay in the Hoot formation, the company said in a statement. […]

Energy Headlines Morocco

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 […]

Energy Headlines Morocco

SDX Energy Finds Gas in Drilling Campaign in Morocco

British company, SDX Energy, confirmed a new natural gas discovery as part of its well drilling campaign in Sebou, Eastern Morocco. “We are pleased to have made another discovery during our ongoing nine well drilling campaign, with this well exceeding our pre-drill net pay estimates by more than 50%,” Paul Welch, SDX’s president and CEO, […]

Business Energy Headlines Morocco

SDX Energy Announces New Gas Discovery Onshore Morocco

British company SDX Energy has announced new gas discovery in the onshore drilling operation conducted in Morocco. “We are pleased to be announcing another successful result from our Moroccan drilling campaign,” said chief executive Paul Welch oil and gas operations. The new gas discovery was made in the KSR-15 well at the Sebou project. The […]