Middle East Economic Survey
VOL. XLVIII
No 22
30-May-2005
morocco
Baraka Petroleum To Evaluate Oil Reserves Offshore Morocco
Moroccos national oil company Office National de Recherches et dExploitations Pétrolières (ONAREP) recently signed a memorandum of understanding (MOU) with Australias Baraka Petroleum to evaluate oil reserves in the Cap Juby region. The tenement covers approximately 3,591 sq km offshore Morocco, 400 sq km of which are located in an area under UN jurisdiction. The MOU gives...
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