Sound Energy, the transition energy company, has demobilised Star Valley Rig 101 having conducted planned work over operations on the gas wells TE-6 and TE-7 in preparation for long term gas production into the micro LNG plant currently under construction at site by Italfluid Geoenergy S.r.l.  The works were completed safely with no recordable incidents. […]

Chariot Limited (AIM: CHAR), the Africa-focused transitional energy group, is pleased to announce it has signed a Heads of Terms agreement with Vivo Energy regarding future natural gas offtake from the Loukos Onshore licence (“Loukos”) in Morocco (Chariot, Operator 75%, ONHYM, 25%). The aim of the agreement is to set out the next steps for […]

Chariot Limited, the Africa focused transitional energy group, is pleased to announce the results from the drilling of the OBA-1 well on the Dartois prospect, the second of a two well drilling campaign, in the Loukos Onshore licence onshore Morocco (Chariot, Operator 75%, ONHYM, 25%). OBA-1 well was safely and efficiently drilled, on time and […]

 Chariot Limited the Africa focused transitional energy group,  has announced the of commenced of drilling operations at the Loukos Onshore licence onshore Morocco (Chariot, Operator 75%, ONHYM, 25%) with the spud of the RZK-1 well on the Gaufrette prospect. • Gaufrette Main target has Best Estimate recoverable prospective resources of 10 Bcf • Option to […]

Chariot Limited the Africa focused transitional energy group, has announced receipt of all necessary Moroccan governmental and regulatory approvals as the company sealed Partnership Agreements with Energean plc group as  previously disclosed on 7 December 2023. Based on the aboved sealed partnership agreement, Energean is now holds 45% and 37.5% of the respective interests in, […]

SDX Energy has disclosed that it has commenced drilling the Beni Malek-2 well (BMK-2) in the Rharb Basin, Morocco, approximately 1.5km from the BMK-1 discovery well. The BMK-2 well will be drilled to a planned depth of approximately 1,470 metres and is targeting three stacked reservoirs in the Guebbas formation, which have been identified using 3D seismic. […]

Chariot, the Africa focused transitional energy group, has received approval for its Environmental Impact Assessment (EIA) from the Unified Regional Investment Committee for drilling activity on its Loukos Onshore licence, onshore Morocco (Chariot, Operator 75%, ONHYM, 25%). The EIA covers a total of 20 well operations, which includeInitial drilling campaign of two exploration wells on […]

 In a bid to fast-track the process of achieving the Final Investment Decision (FID) on the Nigeria-Morocco Gas Pipeline, the Federal Government has intensified discussions with the Kingdom of Morocco. The discussion which held on Wednesday, 24th January, 2024, on the sidelines of a meeting between the Honourable Minister of State for Petroleum Resources (Gas), […]

TotalEnergies has invested £20 million to acquire a minority stake in Xlinks First Limited. Xlinks plans to develop a giant renewable project in Morocco (combining solar and wind) to supply green electricity to the United Kingdom through the installation of high-voltage direct current (HDVC) subsea cables, coupled with a large battery energy storage. Upon completion, […]

The European Bank for Reconstruction and Development (EBRD) and the Ministry of Energy Transition and Sustainable Development (METSD) are joining forces to accelerate the decarbonisation of the electricity sector in Morocco.  In a Memorandum of Understanding – signed in Marrakech today by Her Excellency Leila Benali, Minister of Energy Transition and Sustainable Development, and Nandita Parshad, EBRD […]