This article was automatically translated from HIBAPRESS, the Arabic version:
This article was automatically translated from HIBAPRESS, the Arabic version:
Heba Press. Rabat
Europa Oil & Gas, a British company specializing in gas and oil exploration in Morocco, revealed the discovery of more than a billion barrels of oil equivalent that can be extracted without any risk on the coast of Inezgane, near the town of ‘Agadir, in a marine area. estimated at 11,228 square kilometers.
Promising exploration opportunities
The same sources indicate that the region has great exploration opportunities, with the possibility of converting these discoveries into real extraction operations in the near future, after carrying out all the necessary studies and technical procedures.
The British company obtained an exploration permit in this area in 2019 and actually began its activity in August 2021. Since then, it has highlighted the enormous potential that characterizes this marine area, located on the same geological trend as the main mines oil and gas industries. gas discovery areas along the west coast of Africa.
