Israeli company NewMed Energy wants to try its luck in Morocco, H24info

The Israeli company NewMed Energy announced, this Tuesday, February 22, 2022, its interest in natural gas exploration in Morocco. According to its officials, negotiations with the Moroccan authorities are at an advanced stage.

The Israeli company NewMed Energy, which was called Delek Drilling, announced on Tuesday February 22 that it wanted to explore in Morocco, report the Archyde.com agency as well as several specialized media.

According to officials of the Israeli company, NewMed Energy is at an advanced stage in its negotiations with the Moroccan authorities for exploration licenses. Morocco has, according to the company, great geological and commercial assets both in the offshore areas of the Atlantic and the Mediterranean.

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NewMed Energy officials, speaking from Jerusalem, declined to give further details, the same sources report.

NewMed Energy already has several successful projects to its credit. These include, among others, projects carried out in the Eastern Mediterranean which supply the Israeli, Egyptian and Jordanian markets.

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