Eni picks up Tarfaya shallow-water acreage offshore Morocco

Dec. 20, 2017
Eni SPA has expanded its existing position in Morocco by entering a petroleum agreement with Moroccan state-owned Office National des Hydrocarbures et des Mines in the Tarfaya offshore shallow-water exploration permits I-XII. The 23,900-sq-km area is offshore Sidi Ifni, Tan Tan, and Tarfaya in as much as 1,000 m of water.

Eni SPA has expanded its existing position in Morocco by entering a petroleum agreement with Moroccan state-owned Office National des Hydrocarbures et des Mines (ONHYM) in the Tarfaya offshore shallow-water exploration permits I-XII. The 23,900-sq-km area is offshore Sidi Ifni, Tan Tan, and Tarfaya in as much as 1,000 m of water.

Eni operates Moroccan interests in the Rabat Deep Offshore license, with 40% interest, as well as the El Jadida Offshore license. The operator maintains 75% working interest in El Jadida and the Tarfaya acquisition. Rabat Deep partners include Woodside 25% and Chariot Oil & Gas Ltd. 10%. ONHYM maintains a 25% share in all three projects.

In September, Eni signed a contract for the deepwater drillship Saipem 12000 to drill the RD-1 exploration well in Morocco’s Rabat Deep offshore permit (OGJ Online, Sept. 11, 2017).

Contact Tayvis Dunnahoe at [email protected].