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|
|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)|
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
|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.)|
Morocco - recent news
|11 Sep 20
||Sound Energy announces half-yearly report for the six months ended 30 June 2020
Sound Energy, the Moroccan focused upstream oil and gas company, has announced its unaudited half-year report for the six months ended 30 June 2020.
|07 Sep 20
||Morocco: Chariot Oil & Gas announces significant resource upgrade on Anchois, Morocco
AIM-listed Chariot Oil & Gas has completed the reprocessing of 3D seismic data across the Lixus Offshore Licence, Morocco, resulting in significant improvements in both image quality and in depth control. This has had a positive impact on the understanding of the distribution and extent of the Anchois gas sands.
|06 Jul 20
||Morocco: Sound Energy concludes re-negotiation of the terms of its Anoual Exploration Permits in Eastern Morocco
Sound Energy has successfully concluded a re-negotiation of the terms of its Anoual Exploration Permits which aligns the work programme commitments on the Permit and the Company's continued pursuit to unlock the exploration potential of the Eastern Morocco basin with the expected phasing of the Company's recently announced Tendrara Production Concession Phase 1 development plan.
|29 Jun 20
||Morocco: Sound Energy signs LNG heads of terms with leading Moroccan energy group
Sound Energy has provided an update in relation to the Company's micro liquified natural gas ('mLNG') phase 1 development plan for the TE-5 Horst development at the Tendrara Production Concession, onshore Morocco.
|23 Jun 20
||Morocco/Egypt: SDX Energy provides update on drilling operations in Morocco and Egypt
SDX Energy, the MENA-focused oil and gas company, has provided an update on its operations in Egypt and Morocco following the recent drilling successes, which have resulted in a post-drilling extension of plateau production at South Disouq and de-risked prospectivity in both Egypt and Morocco.
Morocco - more news
Other countries in this region
- Central Africa Republic,
- Congo (Brazzaville),
- Congo (Democratic Rep.),
- Cote d'Ivoire,
- Equatorial Guinea,
- Guinea (Republic),
- Guinea Bissau,
- Sao Tome,
- Saudi Arabia,
- Sierra Leone,
- South Africa,
- South Sudan,
- United Arab Emirates,
- Western Sahara,