MOROCCO/MAURITANIA

 

Morocco Disappoints

 

US firmKosmos has drawn a blank in Morocco, the latest in a string of disappointing drilling results on one of North Africa’s last oil frontiers. The FA-1 well on the Foum Assaka block, one of three Kosmos blocks offshore Agadir, was nearly 4km deep in 600ms water depth but “failed to find hydrocarbons in commercial quantities,” CEO Andy Inglis told a 5 May conference call. BP partners Kosmos on all three blocks.

It...