Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.

  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list

US' Kosmos to drill first oil well offshore Morocco in mid-March: official

Bunker Fuel | Oil | Crude Oil | Shipping | Marine Fuels

All eyes on Russia’s new government and oil policies


Platts Market Data – Oil

Oil | Refined Products | Fuel Oil | Shipping | Dry Freight | Marine Fuels | Tankers

Middle East Bunker Fuel Conference

Oil | Crude Oil

Refinery news: Belarus' Naftan receives first batches of Johan Sverdrup crude from Norway

US' Kosmos to drill first oil well offshore Morocco in mid-March: official


Dallas-based Kosmos Energy plans to drill its first well offshore Morocco in the coming weeks in a bid to unlock the multi-billion barrel potential of the North African country's waters, a senior Kosmos official said Tuesday.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

Speaking at International Petroleum Week in London, Kosmos' country manager for Morocco, Ragnar Fredsted, said Morocco's offshore was one of the last remaining unexplored deepwater basins in the world.

"We will spud the first well in a couple of weeks -- in mid-March," he said.

Fredsted said there was no more acreage available offshore Morocco as the industry "cottoned on" to its potential.

Oil companies have poured into Morocco in recent years including Chevron and Plains Exploration & Production of the US, Portugal's Galp Energia and UK-Anglo Genel Energy.

Between them, some 10 exploration wells will be drilled in the next 1-2 years, Fredsted said.

No exploration wells had been drilled offshore Morocco for 10 years until a failed well drilled in 2013 by the UK's Cairn Energy.

Cairn has interests in three blocks offshore Morocco -- two as operator and one as non-operator.

The first well, FD-1, encountered gas shows, but was plugged and abandoned, while a second well, JM-1, is currently drilling, Cairn chief operating officer Paul Mayland said at the same event.

--Stuart Elliott,
--Edited by James Leech,