VOL. XXXIV
NO. 2
15-OCTOBER-1990
Morocco
Onarep Wins Financing from Petro-Canada for Essaouira Exploration
Morocco's national oil exploration and production company, Office National deRecherches et d'Exploitation Petrolieres (Onarep), signed an accord with Petro-Canada,whereby the Canadian firm will provide C$7.2mn (US$6.2mn) worth of financing foroil exploration in the Essaouira Basin in southern Morocco. The Moroccan newsagency MAP said Onarep had recently found oil and natural gas deposits in...
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