Morocco Signs two Onshore Oil Drilling Contracts with Foreign Firms

Published March 15th, 2001 - 02:00 GMT
Al Bawaba
Al Bawaba

The Moroccan oil company (ONAREP) signed Wednesday two onshore oil drilling contracts with a group of US and British firms, Morocco’s official news agency (MAP) reported. 

The contracts cover two zones in northern Morocco over 12,800 square meters, said the MAP. 

Under the 12-month contract, the group, made up of the US Anschutz Morocco Corporation and the British Oil Exploration Limited, will carry out geological and geo-physical studies to assess the zone's oil potential – Albawaba.com 

© 2001 Al Bawaba (www.albawaba.com)

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