VOL. XLIII

No. 09

28-February-2000

MOROCCO

Conoco To Explore Offshore Morocco

Conoco last week signed an agreement with Onarep, Moroccos state-owned oil and gas concern, for exploration in a 26,400 sq km block in Moroccan offshore waters near the northern coastal towns of Hasima and al-Nadoor. According to a statement issued by Onarep, Conoco will undertake a 12-month program to conduct geological and seismic surveys and in the event of favorable results, the two companies will enter into a...