TotalFinaElf Signs Reconnaissance Contract Offshore Morocco
TotalFinaElf has signed a reconnaissance contract with the Moroccan state oil company, Office National de Recherches et d'Exploitations Pétrolières (ONAREP), for the Dakhla Offshore zone. Located offshore the town of Dakhla, the zone covers an area of 115,000 square kilometers.
The contract covers an initial period of 12 months, during which regional geological and geophysical studies will be undertaken in order to assess the petroleum potential of the zone.
These studies will complement the knowledge-base that TotalFinaElf has been building-up over several years along the length of the Atlantic coast of Africa.