Latest Energy policy of Morocco Stories

Morocco signs new oil agreement with Canadian-German consortium RABAT, July 8 (Xinhua) -- Morocco's Office of Hydrocarbon and Mines (ONHYM) signed on Monday an oil agreement with a consortium composed of Canadian company, Petro-Canada and German company, RWE Dea AG, local MAP news agency reported. The agreement permits the companies to explore an area of about 19,951 square km in the region of Bas Draa in southeast Morocco, the report said. During an initial period of two-and-a-half...