Keywords: ONHYM
The Morocco-Nigeria gas pipeline project is progressing steadily, as Rabat hosted a series of high-level meetings this week to advance the ambitious initiative. Representatives from national oil companies, the Economic Community of West African States (ECOWAS), and other stakeholders convened on July......
The steering and technical committees for the Nigeria-Morocco Gas Pipeline project convened on July 10 and 11 in Rabat to review the latest progress. These high-level meetings, organized under the governance framework of the project and in line with signed agreements between national oil companies, brought......
Morocco has embarked on a bold reform of its public sector with the restructuring of the National Office of Hydrocarbons and Mines (ONHYM) into a joint-stock company. This transformation marks a pivotal step in the country’s broader efforts to enhance public investment, optimize national resources,......
Mining company Chariot Limited has announced its full reclamation of two significant offshore gas licenses in Morocco, following Energean plc's decision to divest its stake in the ventures. Energean has transferred its entire interest in the Lixus Offshore and Rissana Offshore licenses back to Chariot......
Africorp Mining has successfully acquired an international tender issued by Morocco’s National Office of Hydrocarbons and Mines (ONHYM) for the operation of the Naour copper deposit in the Beni Mellal province. This significant project involves a total investment exceeding MAD 230 million (approximately......
The National Office of Hydrocarbons and Mines (ONHYM) has committed an investment of 1.019 billion dirhams (MMDH) in 2024 for the drilling of four exploration wells, comprising three onshore and one offshore. This year also marks a heightened focus on strategic and critical minerals, which are vital......
Europa Oil & Gas has announced a significant oil discovery in Morocco's Agadir Basin, with estimated reserves of 1 billion tons within the Inzegane permit area. The discovery site, spanning 11,220 square kilometers near Tarfaya, Sidi Ifni, and Tan-Tan, places Morocco in a strategic position for......
His Majesty King Mohammed VI has long praised the Nigeria-Morocco gas pipeline, emphasizing its potential to foster African development and improve the living standards of the continent’s population. Morocco is set to begin the process of launching tenders for the pipeline in 2025, marking a significant......
Energean’s CEO has recently made a statement, widely reported by international media, suggesting the company’s possible exit from Morocco. He explained, “We drilled an offshore well in Morocco, but the results did not meet our expectations. Therefore, I do not foresee any further development,......
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