Anchois Gas Development | Morocco Collaboration agreement signed
Subsea Integration Alliance signed a collaboration agreement with Chariot Oil & Gas Limited, the Africa focused transition energy company, to work together to enable the front-end design, engineering, procurement, construction, installation and operation of the Anchois Gas Development project in Morocco. Background Chariot, through its wholly owned subsidiary, Chariot Oil & Gas Holdings (Morocco)Limited, has a 75% interest and operatorship of the Lixus Offshore Licence, Morocco("Lixus"), in partnership with ONHYM which holds a 25% interest. The Lixus licence, which is on the Atlantic coast of Morocco, just south of Spain, contains the significant Anchois gas discovery with audited total remaining recoverable resource (2C & 2U) of in excess of 1 Tcf. The sampled gas is 97% methane, without impurities, and is held in high quality porous and permeable sandstone reservoirs. The development plan from a Pre-FEED study consists of two subsea wells tied into a subsea manifold with a 40km offshore flowline connected to an onshore gas processing facility, from which a short 40km pipeline connects to the trunk pipeline to Europe allowing access not only to the growing Moroccan energy market but also to the European gas market.
