PETROLEUM EXPL. II

closed

Closed

The proposed project aims to: (i) complete the delineation and appraisal of gas reserves discovered at Meskala, including adjacent areas in the Essaouira basin, in order to assess their potential contribution to meeting national energy needs; (ii) carry out the preparatory studies necessary to identify the policies, investment, institutional arrangements and modifications to Morocco's overall energy strategy, necessary for eventual development and marketing of gas and condensates; (iii) evaluate and promote additional petroleum prospects among foreign oil companies, in order to attract further foreign investment for petroleum exploration; and (iv) strengthen ONAREP's technical and managerial capacity so that it can plan and carry out its functions as cost-effectively as possible. The project comprises: (a) drilling, testing and completion of up to 9 appraisal/exploratory wells; (b) geophysical studies; (c) technical studies (reservoir engineering, gas utilization, detailed design of pipeline and surface facilities); (d) gathering, analysis and presentation of data for exploration promotion; and (e) technical assistance and training for ONAREP.

World Bank Group

Project

Water Supply and Storage, Oil and Gas, Government