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News 08 May 2014 2 min read

Marrakech hosts the Moroccan Oil and Gas Summit

Marrakech hosts the Moroccan Oil and Gas Summit

The National Office of Hydrocarbons and Mines (ONHYM) is organising, on 7 and 8 May current in Marrakech, the Moroccan Oil and Gas Summit. This event of international scale, organised in collaboration with the International Research Network, should allow participants to discuss key issues relating to the field of oil and gas exploration in Morocco, notably the onshore and offshore geological potential, exploration in the Atlantic facade, as well as African energy stakes, indicates a press release from the Office. Morocco has become a destination of choice, widely recognised in the activities of exploration of conventional and unconventional hydrocarbons in Africa. Indeed, these last years have known an unprecedented craze with the massive arrival of large oil companies thanks to a proactive promotion strategy, a regulatory, institutional and fiscal framework among the most attractive and a favourable geology. Chevron, BP, Kosmos, Cairn Energy and many others have launched significant exploration projects in the Kingdom. The Marrakech meeting offers an ideal space for meetings and exchanges to identify investment opportunities and initiate or finalise projects both upstream and downstream of oil and gas activities in the Kingdom. Ministers and representatives of several African countries will be present at this event, it is specified from the same source.

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