Home / Oil & Gas

Oil & Gas

Et ullamcorper sollicitudin elit odio consequat mauris, wisi velit tortor semper vel feugiat dui, ultricies lacus. Congue mattis luctus, quam orci mi semper

Tendrara: Sound Energy could sell its portfolio

Sound Energy does not rule out selling its portfolio in the Tendrara area after another unsuccessful exploration. The British company said, in a new update on its website, that the time has come to explore the monetization options available to the company for its portfolio held in eastern Morocco. The …

Read More »

Sound Energy will not operate on the TE-10 well

Sound Energy will not operate on the TE-10 well located in the Tendrara area. The British company has announced a discovery of hydrocarbon gas at the surface, but the latter “did not reach the expected commercial flows following the tests undertaken with his partner Schlumberger”. As a result, the company …

Read More »

Change of management at SDX Energy

SDX Energy, the oil and gas exploration company operating in Morocco and Egypt, announces a change in its management. As of May 31, Paul Welch will resign as director, president and chief executive officer of the company. He will be replaced by Acting Director Mark Reid, the current CFO. In …

Read More »

Samir: Morocco must pay $ 1.5 billion to Swedish Coral

The Washington-based International Center for the Settlement of Investment Disputes (ICSID) ruled in the complaint of Sweden’s Corral, who is demanding compensation from Morocco for speeding up the closure of Samir refineries. The tanker denounces in essence a “rape of many protections” supposed to be part of a bilateral treaty …

Read More »

Fuel prices climbed again in Morocco

Fuel prices have risen again this Friday, May 17 at several service stations in Morocco. Prices should continue to climb. The price of gasoline this morning reached 10.28 dirhams while the liter of diesel costs 9.78 dirhams. It should be noted that the last increase in fuel prices was recorded …

Read More »

IEA: Government helpless against oil tanker lobby

Despite the incentives put in place to encourage distributors and producers of petroleum products, the Moroccan government seems helpless in the face of lobbies’ refusal to comply with the legal framework of the sector. According to the international energy agency, the incentives introduced by the government in terms of equipment …

Read More »

Sound Energy: Successful tests at Tendrara

UK-based Sound Energy claims to have positive test results in the TE-10 well in the Tendrara (Oriental) license. “The initial phase of the test program is now largely completed, over a gross interval of 158 meters between the measured depths of 1,932 meters and 2,090 meters in the Lower Sandstone …

Read More »

Rising fuel prices put Lahcen Daoudi in trouble

In recent months, fuel prices in Morocco have been rising steadily. The price cap, promised by Lahcen Daoudi, is slow to see the day. A situation that has pushed the parliamentary groups, both of the majority and of the opposition, has expressed their dissatisfaction. Responding Monday to oral questions in …

Read More »