Morocco: Offshore wells line up

Companies exploring in Morocco plan to drill around ten offshore exploration wells in 2013-14 as interest in the country’s exploration potential increases. Morocco has seen a brisk pace of farm-ins and new licensing in recent months, with Chevron taking three blocks in January , Portugal’s Galp Energia farming into Tangiers Petroleum’s Tarfaya Offshore licence in December , and Tony Hayward’s Genel Energy acquiring stakes in three blocks.