Morocco: Mubadala signs for offshore area
Issue 297
- 26 Mar 2015
| 1 minute read
Abu Dhabi’s Mubadala Petroleum has signed a reconnaissance licence for the 3,433km2 Méditerranée Ouest area offshore northern Morocco. The agreement was signed in Casablanca at a ceremony attended by Abu Dhabi Crown Prince Sheikh Mohammed Bin Zayed Al-Nahyan. Mubadala’s other African interests are limited to a 20% stake in Ophir Energy’s Tanzania Block 7 and 20% in Libyan onshore Block 103.
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