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

20 Feb 24
Morocco: Predator provides update on its Phase 1 rigless testing programme onshore Morocco
Predator Oil & Gas Holdings, the Jersey based Oil and Gas Company with near-term operations focussed on Morocco and Trinidad, has provided an update on its Phase 1 rigless testing programme onshore Morocco.
05 Feb 24
Morocco: Predator signs extension of 2022 Star Valley Rig 101 rig contract
Predator Oil & Gas has signed an extension to the Company's 2022 rig contract for the use of the Star Valley Rig 101, which is currently available in Morocco. The extension will facilitate the drilling of the MOU-5 well to evaluate the 177sq km Jurassic structural closure in a crestal location, the limit of which was penetrated in MOU-4 in 2023.
05 Feb 24
Morocco: Chariot receives Environmental Impact Assessment Approval for Loukos drilling campaign
Chariot, the Africa focused transitional energy group, reports that it has received approval for its Environmental Impact Assessment ('EIA') from the Unified Regional Investment Committee for drilling activity on its Loukos Onshore licence, onshore Morocco.
29 Jan 24
Chariot announces operational update
AIM listed Chariot, the Africa focused transitional energy group, has provided an update on the outlook for 2024 and near-term plans across its three pillars, Transitional Gas, Transitional Power and Green Hydrogen.
26 Jan 24
Predator Oil & Gas announces corporate update
Predator Oil & Gas Holdings, the Jersey based Oil and Gas Company with near-term operations focussed on Morocco and Trinidad, has provided a corporate update. The Company has published an Independent Technical Report by Scorpion Geoscience for the Guercif block in Morocco and resource potential of the Moulouya Sub-Area following an evaluation of the 2023 drilling programme results.

Morocco - more news

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