VOL. XLIII

No. 15

10-April-2000

MOROCCO

Shell Signs Moroccan Offshore Exploration Agreement

Shell Maroc, a subsidiary of Royal Dutch Shell, and Moroccos state oil and gas concern Onarep have signed an exploration agreement covering the offshore areas in the Atlantic ocean. Under the terms of the agreement, Shell will conduct exploration activities in the Rimella A-E area of the Moroccan coast extending from Agadir to Sidi Ifny. According to a government statement, the eight-year agreement...