Morocco: Onhym’s Benkhadra remains optimistic about upstream

The results of drilling in the Moroccan offshore over the past two years have been disappointing; while some companies have made non-commercial finds, no discovery has yet been made to confirm that the deep offshore Atlantic margin is Africa’s next major oil play. But despite this, it is too soon to rule out the possibility that Morocco could one day join its North African neighbours as a global-scale hydrocarbons producer, especially as the results of onshore exploration have been considerably more positive.