Middle East / Africa

Morocco flag
Summary | Profile

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

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.
28 May 24
Morocco: Chariot announces gas discovery at OBA-1 well
AIM-listed Chariot, the Africa focused transitional energy group, has announced a gas discovery at the OBA-1 well on the Dartois prospect, the second of a two well drilling campaign in the Loukos Onshore licence onshore Morocco.
20 May 24
Morocco: Chariot commences second drilling operation onshore Morocco
AIM-listed Chariot, the Africa focused transitional energy group, has announced the spud of the OBA-1 well on the Dartois prospect in the Loukos Onshore licence, onshore Morocco.
15 May 24
Morocco: Chariot provides update on drilling operations onshore Morocco
AIM-listed Chariot, the Africa focused transitional energy group, has announced the results from the drilling of the RZK-1 well on the Gaufrette prospect, the first of a two well drilling campaign, in the Loukos Onshore licence, onshore Morocco.

Morocco - more news

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