Woodside Enters Into Contract for Offshore Licence in Morocco

After pulling away from the Leviathan field nearly six months ago, Australia-based Woodside entered into a contract for an exclusive offshore licence in Morocco’s waters. 

‘The block, known as the Rabat Ultra Deep Offshore area, comprises a total of 36,737 km2 with depths ranging from 1700m to 4400m’ reads the note.

The company eyes opportunities in the area, after acquiring a 25% interest in a close area.  

‘Commitments under the RL work program include a 2D seismic survey and studies. The RL duration is for 12 months. The grant of the RL is subject to Ministerial approval.’