Offering no major baskets of reservoirs or readily accessible resources waiting for discovery, Oman is generally a challenging geography for oil exploration. With the majority of the country’s onshore sweet oil having been identified and exploited, most of the remaining open concession blocks in the country tend to be better suited to...
The kingdom is taking steps to improve the collection, processing and valorisation of waste. During the COP22 UN Conference on Climate Change, which took place in Marrakech in November 2016, the government signed funding agreements with the Dutch Development Bank (FMO) and the European Investment Bank (EIB) to enhance solid waste management....
Importing the vast majority of its energy, Morocco continues to rely heavily on fossil fuel-based imports. In recent years, the kingdom has made concerted efforts to reduce its energy dependence, implementing renewable energy projects, and introducing an oil and gas exploration programme. It has devised a new and ambitious energy strategy,...
Demand for electricity in Morocco has grown rapidly in recent years as a result of steady economic development. Estimates suggest that the country’s installed generation capacity will have to be tripled in order to meet rising demand, which has expanded by an estimated 6-7% annually in recent years. The primary challenge lies in determining...
Investments worth $163bn are planned over the next three decades to reorganise Dubai’s energy sources for its water and power needs. The aim is that by 2050 renewable energy will have replaced carbon fuel as the primary component in the emirate’s energy mix. In order to accomplish this, intermediate targets have been set for 2020 and 2030....
The economy of Dubai may be considered an outlier for the region, for although its growth and prosperity has been fuelled by its proximity to oil, its own modest hydrocarbons endowment accounted for just 1.3% of GDP in 2016. While its oil-rich Gulf neighbours have long recognised the need to diversify their economies – but have largely been...
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