KINGDOM OF MOROCCO Activity report 2012 ONHYM 5, Avenue Moulay Hassan B.P. 99, 1000, Rabat • Morocco Tel: +212 (0) 5 37 23 98 98 • Fax: +212 (0) 5 37 70 94 11
[email protected] • www. onhym.com Activity report 2012 • ONHYM 1 His Majesty The King Mohammed VI, May COD Assist Him. 2 ONHYM • Activity report 2012 TABLETABLEO OF CONTENTS • Message from the General Director 7 • International & national conjunctures 8 • Highlights 10 • Petroleum exploration 12 • Petroleum partnerships & cooperation 24 • Petroleum drilling & production 31 • Mining exploration 32 • Mining partnerships & cooperation 42 • Information system 45 • Human resources & training 46 Activity report 2012 • ONHYM 3 Maps : ' ONHYM Exploration Activity : 2012 achievements 16 ' Partners Activity : 2012 achievements 23 ' Mining Exploration 40 Amina BENKHADRA General Director Activity report 2012 • ONHYM 5 MESSAGE FROM THE GENERAL DIRECTOR If global economic growth continued to digress in nologies and buil- 2012 with a volatility of commodity prices, global in- ding partnerships vestment in exploration/production of hydrocarbons with major inter- and mining grew at a steady pace. national mining groups. The over- In this context, the year 2012 was satisfactory for ONHYM. haul of the Mining Code with favorable incentives for Its performance conformed with the budget plan thus national and international investment will represent a refl ecting the commitment of ONHYM to consolidate its powerful tool to develop the mining sector. eff orts for hydrocarbon and mining explorations made in recent years. From an organizational perspective, a study of ONHYM’s development strategy is underway and it is intended This year has seen an unprecedented demand as a re- to enhance the mining and hydrocarbon heritage (ex- sult of the oil companies growing interest in the explo- cluding phosphates) of the Kingdom, and make the ration of sedimentary Moroccan basins, bringing the most of its expertise in the country and abroad.