Gulfsands hits gas in Morocco

The UK’s Gulfsands Petroleum announced a gas discovery in the onshore Rharb Centre permit in northern Morocco on Monday.

The Douar Ouled Balkhair-1 exploration well, the company’s third in the permit area, flowed gas at rate of more than 283,000 cubic metres (10 mcf) per day. Drilled to a total depth of 1,140 metres, it is set to become a production well.

“We are continuing with our efforts to commence production from these discoveries and are receiving much appreciated assistance from ONHYM [the Office of Hydrocarbons and Mining] to ensure this is achieved as soon as possible,” Gulfsands’ CEO, Mahdi Sajjad, said in a press release.

Morocco has been positioning itself to attract exploration and production companies that are divesting from its less-stable neighbours but want to remain in the region. As the country imports 95 percent of its energy needs, the government is looking to increase domestic production.

Recent Posts

Touchstone acquires Trinidad E&P player Trinity

Touchstone Exploration has acquired Trinidad-focused Trinity Exploration & Production in an all-shares deal, the Canadian upstream player said on Wednesday Read More

3 hours ago

ExxonMobil “optimistic and pushing forward” with Mozambique’s Rovuma LNG

ExxonMobil is "optimistic and pushing forward" with the Rovuma LNG project in Mozambique and eyes an FID by the year's… Read More

10 hours ago

SLB OneSubsea, Subsea7 sign long-term deal with Equinor

SLB OneSubsea and Subsea7 have signed a long-term strategic collaboration agreement with Equinor and begun work on two of its… Read More

10 hours ago

Presight AI takes 49% stake in ADNOC energy AI player

Presight has acquired a 51% shareholding in AIQ, an energy-focused AI player founded by ADNOC and G42, the companies announced… Read More

11 hours ago

Wood wins TotalEnergies North Sea flare recovery work

UK engineering contractor Wood has been awarded a decarbonisation project by TotalEnergies to support flare gas recovery in the North… Read More

18 hours ago

This website uses cookies.