Mubadala to evaluate area offshore Morocco

March 18, 2015
Mubadala Petroleum, Abu Dhabi, has signed an agreement with the National Office of Hydrocarbons and Mines to evaluate hydrocarbon potential of a 3,433-sq-km area offshore Morocco.

Mubadala Petroleum, Abu Dhabi, has signed an agreement with the National Office of Hydrocarbons and Mines to evaluate hydrocarbon potential of a 3,433-sq-km area offshore Morocco.

The company received an exclusive reconnaissance license to conduct a “detailed geological evaluation” of the area, designated Mediterranean West. It will report results to the government.