LONDON: Getech, a global leader in subsurface resource location, has announced the incorporation of HyMaroc Limited, a 50:50 joint venture with transition energy company Sound Energy plc, aimed at unlocking natural hydrogen and helium resources in Morocco. The formation of the subsidiary follows the successful completion of a regional screening study conducted under an Exploration…
LONDON: Sound Energy, a transition energy company, has signed an exclusive term sheet with renewable energy specialist Gaia Energy Ltd. to develop up to 270 megawatts of solar power capacity across multiple sites in Morocco, the company announced Tuesday. The proposed joint venture will leverage Morocco’s liberalized medium-voltage (MV) grid, targeting at least 10 locations…
LONDON: Sound Energy, the Moroccan focused upstream gas company, announces that it has signed a memorandum of understanding for the sale of the Company’s natural gas production in the Tendrara concession in Eastern Morocco. The Company announces that it continues to negotiate the detailed terms of a Gas Sales Agreement (GSA) and confirms that, as…