The Moroccan National Office of Hydrocarbons and Mines (ONHYM) is meeting with potential and existing investors, including SDX Energy, Chariot Oil & Gas, Geoex, Enagas and ENI at the 2nd Morocco Oil & Gas Summit on February 6-7, organizers have announced.
ONHYM plans to announce future plans regarding exploration and production following the recent hydrocarbon discoveries, and form new partnerships for midstream projects.
For the first time, companies will discuss Morocco’s Atlantic offshore geology and the results of recent exploration activities, onshore exploration and unconventional hydrocarbons opportunities. All exploration challenges and opportunities in Morocco, including how E&P companies and contractors can make the most out of the current experienced low-cost service environment in Morocco, will be covered.
Opportunities for independent oil companies will be shared, including the great investment potential of shallow offshore fields for smaller exploration companies.
SDX Energy will discuss its recent discoveries, including important discoveries in the LNB-1 and the ONZ-7 wells, which tapped Morocco’s significant reserves.
With more exploration and production projects on the way, the need for new partners is higher than ever, the event’s organizers have stressed.
The 2nd Morocco Oil & Gas Summit speakers include: H.E Amina Benkhadra, General Director, ONHYM; Wafae Benhammou, Director for Partnerships & Promotion, ONHYM; Paul Welch, President and CEO, SDX Energy; Larry Bottomley, CEO, Chariot Oil & Gas; and Peter Abrahamson, Chief Scientific Officer, Geoex.
The upcoming event presents an ideal opportunity for oil and gas companies (exploration and production), consultants, seismic, drilling and other service companies to have in-depth discussions and one-to-one private meetings with ONHYM and National Hydrocarbon Agencies from West African countries, organizers noted. The focus will be on current exploration opportunities, geology, legislation, midstream and licensing updates in West Africa.
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