UK-Morocco power project adds GE Vernova as investor
GE Vernova (NYSE:GEV) has invested $10.2 million (£8.1mn) in Xlinks First’s proposed UK-Morocco power project.
Morocco
UK-Morocco power cable could be scrapped in favour of Germany
The developer of a £16 billion ($20.6 billion) project to export renewable power from Morocco has added an option that could transmit the electricity to Germany instead of the UK.
Xlinks appoints new CEO to lead ambitious Morocco-UK power project
Xlinks First Ltd. has appointed a new chief executive officer to lead its ambitious plan to transmit electricity from a solar and wind power plant in Morocco to the UK via a subsea cable,
Chariot lines up drill plans on- and offshore Morocco
Chariot said it was working with Energean on the Anchois development plan. This included negotiating offshore drilling and services for work this year.
Norway ditches NewMed over investment, eyes Shell, Eni
In notes on its decision, Norway said NewMed’s investment in the licence “is not conducted in accordance with the wishes and interests of the people of Western Sahara, and because it contributes to maintain an unresolved situation for the area”.
Energean strikes Chariot deal, targets well in 2024
Energean CEO Mathios Rigas described the deal as “an exciting step in the next stage of our development, one that can only enhance our position as the pre-eminent independent natural gas producer listed in London”.
TotalEnergies buys into UK-Morocco power export plan
“This innovative project will benefit from our track record in developing large and complex integrated energy projects.”
Getech joins white hydrogen hunt in Africa
HyAfrica carried out fieldwork in Morocco and South Africa earlier this year. The group reported “very promising” results in Ain Bni Matha and Mpumalanga respectively, detecting multiple hydrogen seeps.
IN-VR’s Morocco Oil and Gas Summit
Over 350 C-level executives from Oil and Gas companies, investors and top service companies will meet with ONHYM to discuss the Nigeria-Morocco pipeline, E&P opportunities in Morocco, and how to get involved in one of the world’s top future energy hubs.
ONHYM, IN-VR to host the 3rd Morocco Oil & Gas Summit
Participants will be available to meet during dedicated 1:1 meetings with ONHYM and the country’s biggest Project owners, as the event has been tailored to host two full days of non-stop networking for E&P leaders to meet with Moroccan and African players in Marrakech.
Eni gears up for Cinnamon spud off Morocco
A number of companies have come to explore Morocco’s offshore, drawn in by attractive tax rates and geological models, but have been largely disappointed.
Sound sketches out Calvalley entrance to Moroccan micro-LNG
The convertible notes fully fund Sound’s capital requirements until the end of the year. Sound launched a farm-out process in August 2022.
CWP considers toluene for Morocco hydrogen exports
CWP CTO Guido Schumacher welcomed the work with Hydrogenious on the study. The work will “serve to further explore the viability of LOHCs for long-distance shipping of green hydrogen, using our 15 GW Aman project as a model”, he said.
Xlinks signs up Abu Dhabi funding for ambitious Morocco-UK link
The project could create 10,000 jobs in Morocco during construction, of which 2,000 will be permanent. In the UK, Xlinks believes it could create 1,350 permanent jobs.
Genel pursues options beyond Kurdistan
“The business is now determined to add new revenue streams that build a stronger business”, said CEO Paul Weir.
Chariot readies for Anchois development plan
“We remain fully focused on taking the Anchois project to first gas in a way that can continually grow the resource and project scale and help unlock the basin scale potential that we see across our licence area."
Predator slumps on challenging Morocco well
As news of the drilling challenges broke, the company’s share price fell 65%.
Westwood tips Africa, Latin America for high-impact hopes in 2023
Explorers are “taking a measured view and holding budgets and activity steady whilst trying to improve overall exploration efficiency”, Westwood said.
Rig on site for Predator
The company believes that optimisation of the drilling, informed by experience from the MOU-1 well, will keep costs around the same level.
Chariot reaches initial gas deal on Anchois plan
Chariot has reached a framework agreement on gas sales from its Anchois project with Office National de l'Electricité et de l'Eau Potable (ONEE).
Nigeria, Morocco sign up more states to pipeline plan
Despite scepticism around the plan, countries along the proposed gas pipeline route from Nigeria to Morocco continue to sign up.
NewMed signs up with Morocco for controversial exploration
NewMed Energy has signed up with Morocco to explore an area in the disputed Western Sahara.
SDX CEO exits, as Bhattacherjee goes executive
SDX Energy has appointed Jay Bhattacherjee as interim executive chairman, while CEO Mark Reid is leaving immediately.
Europa walks away from Moroccan frontier
Europa Oil & Gas is relinquishing it Moroccan licence, which it acquired in 2019, after failing to find a partner.
ENOC, IHI strike green ammonia MoU
Dubai’s ENOC Group has signed a memorandum of understanding (MoU) with Japan’s IHI Corp. to establish a green ammonia project.