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
| 17 Mar 25 |
Morocco: Sound Energy has provided an update in relation to operations at Tendrara The transition of Operatorship has not altered the pace of ongoing activities at Tendrara with construction of Phase 1 development facility for the TE-5 Horst continuing to move forward towards completion. |
| 17 Mar 25 |
Morocco: Predator announces update on the preliminary MOU-5 drilling results The results of the MOU-5 drilling programme have unlocked a new Jurassic play-opening trend never before tested in the Guercif Basin. A helium show has provided the impetus to further assess the helium potential of the MOU-5 structure. |
| 05 Feb 25 |
Morocco/Trinidad: Predator announces placing to raise £2 million for accelerated drilling activity in 2025 Predator Oil & Gas, a Jersey based Oil and Gas Company with near-term drilling operations focussed on Morocco and Trinidad, has conditionally placed 50 million new ordinary shares in the Company at a placing price of 4 pence each to raise £2 million. |
| 20 Jan 25 |
Morocco: Predator announces commencement of civil engineering works at MOU-5 drill site Predator Oil & Gas Holdings has announced that civil engineering work, to improve access roads and prepare the MOU-5 well pad, has commenced on its Guercif licence onshore Morocco at the MOU-5 drill site. |
| 11 Dec 24 |
Morocco: Sound Energy completes the sale of the share capital of Sound Energy Morocco East AIM-listed Sound Energy has announced the completion of the transaction 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. The terms of the SPA were announced by the Company on 14 June 2024. |
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
