Middle East Economic Survey

VOL. XLVIII

No 17

25-April-2005

Morocco

Morocco Awards Oil Prospecting Contract To US Companies

Moroccos Office National des Hydrocarbures et des Mines (ONHYM) on 19 April signed an oil exploration contract with US companies Direct Petroleum Morocco and Anschutz Morocco Corporation for the onshore Asilah-Tissa block. The two companies will conduct seismic studies within the 12,836 sq km area over a 12-month period. Anschutz has previously conducted seismic studies in the...