MOROCCO
Major Advance For Moroccan Upstream
Chevron has become the biggest firm yet – and the first major – to have a stake in the Moroccan upstream.
The US firm is to take a 75% operators’ stake in three virgin deepwater offshore blocks. Moroccan state firm ONHYM will retain its customary 25%.
The Cap Cantin Deep and the Cap Walidia Deep blocks lie offshore from the town of Safi, halfway between Agadir and Casablanca. The...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!