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Keywords: Moroccan Energy


Morocco's fuel market shows resilience amid price fluctuations in Q3 2024

Morocco's fuel sector demonstrated mixed performance in the third quarter of 2024, with total fuel imports reaching 1.7 million tons valued at $1.26 billion, marking a 10.8% volume increase despite a 9.75% value decline compared to 2023. The revenue of Morocco's nine major fuel distributors......

Sound Energy Completes Sale of Moroccan Assets to Managem for $45.2 Million

Sound Energy has completed the partial divestment of its Moroccan gas assets to Managem Group, a transaction valued at up to $45.2 million. This move is in line with Sound Energy’s strategy to unlock greater value from its energy projects in Morocco. Graham Lyon, Executive Chairman of Sound Energy,......

Chariot Advances Moroccan Gas Ambitions with Anchois Drilling

Chariot Limited, a prominent energy firm focused on Africa, has embarked on a significant drilling operation at its Anchois gas project situated off the Moroccan coast. The arrival of the Stena Forth drillship marks the commencement of this high-stakes venture. The operation at the Anchois-3 well is......

British Firm Chariot Commences Drilling at Moroccan Onshore License

British energy company Chariot has commenced drilling operations at the Loukos Onshore license in Morocco, marking a significant milestone in its exploration efforts. Chariot, based in London, holds a 75% stake in the license, with the national hydrocarbons agency ONHYM owning the remaining 25%. Chariot......