MOROCCO: OIL-DRILLING AGREEMENT SIGNED WITH SHELL.(Brief Article)

From: IPR Strategic Business Information Database | Date: July 31, 2000 | Copyright information

According to Al-Hayat newspaper, the Shell Petroleum Company has signed an oil-drilling agreement with the Moroccan Ministry for Oil Prospecting. The newspaper notes that under the terms of the contract, which was signed at the beginning of April 2000, the company is to be awarded an oil drilling and production concession in the Atlantic Ocean's coastal waters in the area between the towns of Agadir and Sidi Ifni. The newspaper further notes that the Moroccan ...

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