Mubadala to evaluate 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.
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.

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.

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