Search results

General

Type

Sector

Regions

Countries

Sort options

500 results found for your search

Subscriber

London AIM-listed Sound Energy has given further details of its reshaped project to develop and monetise Tendrara’s 377bcf discovered natural gas resource, securing a powerful local partner prior to it raising funds for its initial micro liquefied natural gas (LNG) project and moving to a final investment decision.

Morocco
Subscriber

Announcing Q1 21 results on 20 May, SDX Energy chief executive Mark Reid thanked London-based multilateral the European Bank for Reconstruction and Development (EBRD) for renewing a $10m credit facility. The EBRD in December signed an agreement for Project Green Light II to provide SDX Energy Morocco up to $25m from a senior secured reserve-based loan, to part-finance its $65m investment plan to expand operations in the kingdom.

Morocco
Subscriber

SDX has started the first phase of its 2021 drilling campaign, which will comprise up to five wells over the year. The first phase will consist of three appraisal/development wells, which will target an estimated total of 1.3 bcf of P90/1.8 bcf of P50 gross unrisked prospective recoverable resources in its Gharb Basin acreage.

Morocco
Issue 437 - 29 April 2021

Morocco-UK link up in power play

Subscriber

A proposal by Essex-based start-up Xlinks to bring huge amounts of power generated from wind and solar in the Moroccan Sahara to the UK via a 3,800km, 3.6GW subsea HVDC cable is less outlandish than may first appear. Xlinks fits into a broader revival of interest in Africa-Europe connections, with growing momentum behind net-zero carbon targets and the low prices now achieved by renewables.

Morocco
Subscriber

The launch of a project to bring renewable power generated in the southern part of Morocco directly to the UK is one of five high-voltage direct current (HVDC) interconnections now planned between North Africa and Europe. Alongside the Moroccan Xlinks project, similar schemes in Tunisia and Egypt are united by the common conceptual approach of enabling European countries to replace the 60% of primary energy now imported as fossil fuels. However, the underlying political and commercial motivations, as well as the technological details, differ in each case.

Egypt | Morocco | Tunisia
Subscriber

Reports that Moroccan Agency for Sustainable Energy (Masen) head Mustapha Bakkoury has fallen from grace and is under investigation for alleged management abuses have underlined the perception that the kingdom’s ambitious renewable energy (RE) programme is in trouble, confronted by delays, cost over-runs and high prices for electricity generated by the agency’s ground-breaking Noor Ouarzazate scheme.

Morocco
Subscriber

While major renewable energy (RE) and other projects have stalled, some smaller-scale schemes report progress, including French developer Innovent’s 36MW Oualidia wind project, which is expected to be fully operational in H2 20. Innovent has built its plant under Law 13-09, which allows independent power producers (IPPs) to sell directly to customers connected to the high-voltage grid.

Morocco
Free

French renewable power developer InnoVent has used a variety of smart strategies to get to the commissioning stage of its Oualidia wind project, which is expected to be fully operational in six months. The partly crowd-funded project will feature the tallest turbine tower in Africa. It has also defied the stasis which has held back progress at other projects planned under Law 13-09 that allows IPPs to sell power directly to customers connected to the high-voltage grid.

Morocco
Issue 435 - 25 March 2021

Morocco: Oualidia wind farm starts up

Subscriber

France’s Innovent has announced the startup on 12 March of the first 3MW turbine of a 36MW wind farm at Oualidia. One of the first private wind farms to be developed under Morocco’s Law 13/09, which allows it to supply power directly to private sector industrial customers, the site will reach its full capacity of 36MW by the end of H1 2021.

Morocco
Subscriber

The enthusiasm of majors towards the kingdom has waned as their global priorities have shifted, but several smaller companies are looking to sell gas to local power and industrial clients. But even with the government’s ambitious LNG import scheme apparently shelved, electricity capacity seems comfortable and industrial demand is uncertain, meaning commercialising gas reserves is far from easy for ambitious minnows, writes Jon Marks.

Morocco
Issue 433 - 25 February 2021

Morocco: Predator to drill on Guercif

Free

Jersey-based Predator Oil & Gas Holdings has launched preparations for drilling the MOU-1 well in the onshore Guercif licence. The MOU-1 well pad construction is being prepared for April 2021.

Morocco
Subscriber

The Irish government has decided there are sufficient grounds to proceed with a complaint against San Leon Energy over its past activities in the onshore Tarfaya and Zag licence areas in the disputed territory of Western Sahara. The Global Legal Action Network (GLAN), an Irish NGO, filed a complaint in October 2018 claiming San Leon was not complying with a number of guidelines for multinational companies set out by the OECD, specifically the principle of meaningful engagement with stakeholders – in this case the Sahrawi people – and the principle of respect for internationally recognised human rights.

Morocco | Western Sahara (under UN mandate)
Subscriber

Office National de l’Electricité et de l’Eau Potable (ONEE) is making progress with its 850MW Integrated Wind Project. The utility announced on 6 January that the 210MW Midelt wind farm has begun commercial operations. The plant is located on a 2,300ha site 8km north-east of Midelt. It is owned by ONEE, Italy’s Enel Green Power and Morocco’s Nareva Holding.

Morocco
Subscriber

The long-awaited sector regulator Autorité Nationale de Régulation de l’Electricité (ANRE) has finally held its first board meeting in Rabat, approving its working procedures and a strategic road map for 2021-25. Details have yet to be published.

Morocco
Subscriber

Chariot Oil & Gas says it has received non-binding expression of interest (EOI) letters from the Africa Finance Corporation and a multinational investment bank to finance the Anchois gas development project on the Lixus licence. AFC has offered development debt finance, while the bank has offered reserves-based lending.

Morocco