Morocco to Host 2014 Oil & Gas Summit

International Research Networks (IRN) will convene a summit devoted entirely to Morocco in order to highlight the country’s untapped potential and of its position as a promising hydrocarbon market. The Morocco Oil & Gas Summit2014, coming to Marrakech this year for the first time on May 7 and 8, will offer leaders in the industry an opportunity to learn more about the geological landscape onshore and offshore Morocco, the government’s new oil and gas strategy, the legal framework, and other related issues.

Whilst oil and gas exploitation began early in 1923, Morocco’s oil and gas reserves remain relatively underexplored. Geographically, Morocco is positioned close to other important oil and gas producing countries such as Algeria, Libya and Egypt; countries that present consistent oil-rich geological characteristics.

The favorable free trade agreements and recent seismic data studies combined with the geostrategic location in the crossroads of Africa, Europe, and the Middle East, portray Morocco as the new investment hub for oil and gas especially in recent years, and the growing interest of oil companies in the region are strongly indicative of the potential within the hydrocarbon assets and reserves in Morocco.

The IRN Oil and Gas portfolio has established an excellent international reputation and we pride ourselves on delivering the most up-to-date information on regional developments. Produced under the guidance of a strong advisory committee, composed by Governmental officials, senior level executives from international and national oil companies along with experienced academics, the Morocco Oil & Gas 2014 Summit will address pressing questions, upcoming projects, latest strategies and key regulatory frameworks of a highly promising land.