Applies an atmosphere of optimism among the major companies within - TopicsExpress



          

Applies an atmosphere of optimism among the major companies within the multinational , which is exploring for oil and natural gas in the Moroccan territory and along its shores Navy , does not hide most of the representatives of these companies confidence in the future of exploration and drilling operations on oil and gas . Hussein Abdullah , Regional Director of the branch of the multinational company Repsol in the North West Africa , which includes both Morocco and Mauritania , confirmed that there are strong indications that near the start of Morocco in the extraction of oil and natural gas and commercially exploited . Regional Director of the branch of Repsol , expressed great optimism , in remarks to Hespress , when they are expected to explore oil in large commercial quantities before the passage of five years before the beginning of 2020. Hussein al- Abdullah , on the sidelines of the Forum petroleum professionals in Marrakech , studies carried out by the Repsol came to the very encouraging results , explaining that the oil will begin to take advantage of economic quantities by Morocco after five years at the very least . The spokesman noted that the same high level of investment by companies explored for oil , is very encouraging , according to the expression Regional Director of the branch of Repsol .
Posted on: Sun, 11 May 2014 14:51:50 +0000

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