Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

Morocco joins hands with int'l energy giants in oil, gas explorations

February 08, 2018


Abstract : The Moroccan authorities said on Wednesday that the country signed an agreement with oil giants Royal Dutch Shell and Spain's Repsol to conduct onshore oil and gas explorations in southern Morocco.

 

采油

RABAT, Feb. 7 (Xinhua) -- The Moroccan authorities said on Wednesday that the country signed an agreement with oil giants Royal Dutch Shell and Spain's Repsol to conduct onshore oil and gas explorations in southern Morocco.

The explorations will be carried out at an onshore site in the southern region of Souss-Massa, which covers an area of 9,990 square km, Morocco's National Office for Hydrocarbons and Mining (ONHYM) said in a statement.

Repsol, one of the world's leading publicly-traded oil and gas companies, will be the operator of the project, the statement noted.

Figures show a total of 164 million U.S. dollars is expected to be invested in oil and gas explorations in Morocco in 2018.

Between 2000 and 2017, Morocco's total investments in oil and gas explorations onshore and offshore totalled 2.7 billion dollars, 96 percent of which was paid by partners of state-owned ONHYM.

Scan the QR code and push it to your mobile phone

Keyword: oil gas Shell

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial