Middle East / Africa
Country profile: Morocco
| Location: | Northern Africa, bordering the North Atlantic Ocean and the Mediterranean Sea, between Algeria and Western Sahara |
| Climate: | Mediterranean, becoming more extreme in the interior |
| Terrain: | northern coast and interior are mountainous with large areas of bordering plateaus, intermontane valleys, and rich coastal plains |
| Size: | 446550 sq. km total (Land area: 446300 sq. km Water area: 250 sq.km) |
| Population: | 34,343,219 (July 2008 est.) |
| Languages: | Arabic (official), Berber dialects, French often the language of business, government, and diplomacy |
| Government: | constitutional monarchy |
| Capital city: | Rabat |
| Legal system: | based on Islamic law and French and Spanish civil law systems; judicial review of legislative acts in Constitutional Chamber of Supreme Court; has not accepted compulsory ICJ jurisdiction |
| Currency: | Moroccan dirham (MAD) |
| Licensing: |
Country profile
In 788, about a century after the Arab conquest of North Africa, successive Moorish dynasties began to rule in Morocco. In the 16th century, the Sa'adi monarchy, particularly under Ahmad AL-MANSUR (1578-1603), repelled foreign invaders and inaugurated a golden age. In 1860, Spain occupied northern Morocco and ushered in a half century of trade rivalry among European powers that saw Morocco's sovereignty steadily erode; in 1912, the French imposed a protectorate over the country. A protracted independence struggle with France ended successfully in 1956.
The internationalized city of Tangier and most Spanish possessions were turned over to the new country that same year. Morocco virtually annexed Western Sahara during the late 1970s, but final resolution on the status of the territory remains unresolved. Gradual political reforms in the 1990s resulted in the establishment of a bicameral legislature, which first met in 1997. Improvements in human rights have occurred and there is a largely free press. Despite the continuing reforms, ultimate authority remains in the hands of the monarch.
Energy production and consumption
| Oil | Gas | |
| Production: | 3,746 bbl/day (2005 est.) | 47 million cu m (2005 est.) |
| Consumption: | 176,000 bbl/day (2005 est.) | 47 million cu m (2005 est.) |
| Exports: | 21,890 bbl/day (2005 est.) | |
| Imports: | 186,100 bbl/day (2005 est.) | |
| Reserves: | 100 million bbl/day (2005 est.) | 1 billion cu m (1 January 2006 est.) |
| Major fields: |
Morocco - recent news
| 16 Jul 24 |
Morocco: Sound Energy provides update on partial divestment of its Moroccan assets Sound Energy has provided an update on the previously announced partial divestment of its Moroccan assets. The Company has received Managem's formal board approval for the Transaction and is working to effect completion of all remaining conditions precedent to the SPA in the near term. |
| 25 Jun 24 |
Morocco: Sound Energy announces demobilisation of rig for work over operations at Tendrara Sound Energy, the transition energy company, has announced the release and demobilisation of the Star Valley Rig 101 having conducted planned work over operations on the gas wells TE-6 and TE-7 in preparation for long term gas production into the micro LNG plant currently under construction at site by Italfluid Geoenergy. |
| 24 Jun 24 |
Morocco:Chariot signs Gas Commercialisation Agreement with Vivo Energy in Morocco Chariot, the Africa-focused transitional energy group, has signed a Heads of Terms agreement with Vivo Energy regarding future natural gas offtake from the Loukos Onshore licence in Morocco |
| 17 Jun 24 |
Morocco: Sound Energy enters into a binding Sale and Purchase agreement for the partial divestment of the Company's Moroccan assets AIM-listed Sound Energy, the transition energy company, has announced the entry into a binding Sale and Purchase agreement for the partial divestment of the Company's Moroccan assets by way of the disposal by the Company of the entire issued share capital of Sound Energy Morocco East ('SEME') to Managem for a total value to Sound Energy of up to US$45.2 million. |
| 31 May 24 |
Morocco: Sound Energy announces mobilisation of rig for work over operations AIM-listed Sound Energy, the transition energy company, has announced the mobilisation of the Star Valley Rig 101 to the Tendrara Production Concession to conduct planned work over operations on the gas wells TE-6 and TE-7 in preparation for long term gas production into the micro LNG plant currently under construction at site by Italfluid Geoenergy. |
Morocco - more news
Other countries in this region
- Algeria,
- Angola,
- Bahrain,
- Benin,
- Botswana,
- Burundi,
- Cameroon,
- Central Africa Republic,
- Chad,
- Comoros,
- Congo (Brazzaville),
- Congo (Democratic Rep.),
- Cote d'Ivoire,
- Djibouti,
- Egypt,
- Equatorial Guinea,
- Eritrea,
- Ethiopia,
- Gabon,
- Gambia,
- Ghana,
- Guinea (Republic),
- Guinea Bissau,
- Iran,
- Iraq,
- Israel,
- Jordan,
- Kenya,
- Kuwait,
- Lebanon,
- Liberia,
- Libya,
- Madagascar,
- Malawi,
- Mali,
- Mauritania,
- Mauritius,
- Mozambique,
- Namibia,
- Niger,
- Nigeria,
- Oman,
- Palestine,
- Qatar,
- Rwanda,
- Sao Tome,
- Saudi Arabia,
- Senegal,
- Seychelles,
- Sierra Leone,
- Somalia,
- Somaliland,
- South Africa,
- South Sudan,
- Sudan,
- Syria,
- Tanzania,
- Togo,
- Tunisia,
- Uganda,
- United Arab Emirates,
- Western Sahara,
- Yemen,
- Zambia,
- Zanzibar,
- Zimbabwe
