First Independent Mena Newspaper
British geoscience company Getech and energy transition firm Sound Energy have established a joint venture to explore Morocco’s untapped natural hydrogen and helium reserves, positioning the North African kingdom at the forefront of emerging clean energy technologies. The newly formed HyMaroc Limited will focus on discovering and developing underground deposits of these critical resources, following […]
The British Sound Energy company announced on Wednesday the extension of its “Gas Sales Agreement” (GSA) sealed with ONEE (Office National de l’Electricité et de l’Eau Potable) and Attijariwafa bank funding deal until 31st December 2023. Executive Chairman of the company Graham Lyon) said: “various elements within the GSA are being amended to meet the […]
Sound Energy PLC on Wednesday said that Casablanca-based Attijariwafa offered to finance the second phase of its development of the Tendrara production concession in Morocco. The London-based Morocco-focused upstream gas company said Attijariwafa offered up to around $237 million, subject to conditions being met before the end of September. The funding includes a 12-year term […]
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 […]
Morocco’s state-owned power Company ONEE (Office National de l’Electricite et de l’Eau potable) has signed a ten-year gas supply agreement with UK-based Sound Energy Company, ensuring continuous supply for two of its power stations in the Northern region. The deal enables the North African Kingdom to secure its energy sovereignty and security, while countering the […]
UK Sound Energy Company announced Tuesday the completion of its acquisition of Schlumberger Silk Route Services Limited (SSRS), which holds a 27.5% participating interest in the Anoual and Greater Tendrara exploration permits in Eastern Morocco. Thanks to this transaction, Sound Energy will control operated working interests of 75% in the exploration permits and in the […]
Sound Energy, Morocco-focused upstream gas company, has announced the signing of a binding 10 year LNG sales agreement with Afriquia Gaz for the Phase 1 development covering the sale of around 100 million cu/m of gas in a liquified form per year The company has provided this update in relation to the micro liquified natural […]
UK’s Sound Energy will be in a position to supply 9% of total gas consumed in Morocco in a move that will reduce dependence on Algerian gas. Sound energy will start commercializing Tendrara (eastern Morocco) gas in about two years, Moroccan economy news outlet Medias24.com reported. Tendrara’s gas potential will help Sound Energy supply other […]
The British gas company Sound Energy, which plans to build a liquefied natural gas (LNG) micro-plant in Morocco, has announced that it has chosen Afriquia Gaz as its logistics and commercial partner. The announcement was made in an interview with the English news website London South East by Graham Lyon, Executive Chairman at Moroccan […]
Moroccan Authorities have granted Sound Energy, the Moroccan focused upstream gas company, a 24-month extension to the initial period of the Sidi Moktar Permits, onshore Morocco. The gas company announced the two-year extension in a press release, explaining the move was dictated by disruptions caused by Covid-19. “Due to further disruption caused by the impact […]