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Keywords: Tendrara


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,......

Sound Energy Secures Extended Timeline for Anoual Exploration in Morocco

British energy firm Sound Energy PLC has garnered approval from Morocco’s National Office of Hydrocarbons and Mines (ONHYM) for a 24-month extension of its Anoual exploration permits in Eastern Morocco. This development comes after the company had already secured an 18-month extension earlier this......

Morocco's Gaseous Ascent: Fueling Investments in Tendrara and Larache

Morocco's burgeoning gas sector is gaining remarkable momentum, fueled by dynamic investments in the regions of Tendrara and Larache. Leila Benali, the Minister of Energy Transition and Sustainable Development, has highlighted these significant strides, underscoring the government's unwavering......

Managem Expands Footprint with Acquisition of Sound Energy Morocco

Managem Secures Major Stake in Morocco’s Natural Gas Fields In a strategic move poised to reshape the energy landscape in Morocco, Managem, a prominent player in the mining sector, has announced the acquisition of Sound Energy Morocco, a subsidiary of the British entity Sound Energy. This acquisition......

Morocco's Journey to Energy Independence: A 21% Decrease in Energy Imports

Morocco has achieved a significant milestone on its path to energy independence. The North African nation successfully slashed its energy import bill by more than 21% in the first 11 months of 2023 compared to the previous year, as announced by the Moroccan Office of Exchange on Tuesday. This substantial......