Morocco: the Exodus of Large Companies in the Face of the Upset Dream of Oil and Gas Boom · Global Voices

Maroc Diplomatique

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Morocco, long perceived as a promising land for oil exploration, sees foreign companies disengage one after the other. Despite a recognized geological potential and an incentive fiscal framework, the absence of major discoveries hinders investments. The sector struggles to take off, leaving in suspense the hopes of a new national energy momentum despite ... Cet article Oil exploration : Questioning around the withdrawal of some majors est apparu…

linfodrome.com

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It was a time when the great names of the oil industry such as ENI, BP, Chevron, Repsol, Kosmos were rushing to the gates of Morocco, seduced by the promise of a still unexplored basement. Today, the landscape has changed. The Cherifian kingdom, which has established itself as the world leader in phosphate, still has the ambition to diversify its resources, but has to deal with the departure of the few companies still active, often of modest siz…

JeuneAfrique.com

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With the departure of the few active operators, mostly of modest size, the cherished kingdom is forced to reconsider its ambition to become an African oil power.