A Stable and Transparent Framework for Investment
01. Clear Hydrocarbon Code
02. ATTRACTIVE FISCAL TERMS
Morocco offers attractive fiscal terms designed to encourage exploration investment and support the development of hydrocarbon discoveries.
interest share
exemption on production
years
03. STREAMLINED LICENSING PROCESS
04. ONHYM AS STRATEGIC PARTNER
interest share
A Clear Hydrocarbon Code
Morocco’s hydrocarbon activities are governed by a dedicated legal framework covering reconnaissance, exploration and exploitation — giving operators a clear, durable basis for long-term engagement.
Stable & Transparent Governance.
The State owns the hydrocarbon resources; ONHYM represents it and manages the public domain.
Resource Stewardship & Licensing.
The State safeguards national resource sovereignty and grants exploration and production rights in accordance with international best practices.
Investor Partnership & Promotion.
ONHYM promotes Morocco's upstream potential, supports investors throughout the project lifecycle, and facilitates access to exploration opportunities.
Technical Expertise & Data Access.
ONHYM provides high-quality geological and geophysical data, technical insights, and partnership opportunities to accelerate investment decisions.
25%
Government share
Built to Encourage Exploration
& Reward Discovery
Common corporate tax rate applies.
Exemption up to 10 years from the date of first commercial production.On all equipment, materials, products and services necessary for exploration and exploitation operations.
ONSHORE & OFFSHORE ≤ 200 M
First 300,000 t of oil & 300 Mm³ of gas per exploitation concession are exempt.
OFFSHORE > 200 M WATER DEPTH
First 500,000 t of oil & 500 Mm³ of gas per exploitation concession are exempt.
~US$ 100 / exploration permit — payable on permit application and on application for extension.
~US$ 100 / sq-km — payable per year.
From First Engagement to Production in Three Phases
Reconnaissance License
Entry point for early-stage evaluation
Exploration Permit
Petroleum Agreement — ONHYM acting on behalf of the State
Exploitation Concession
Long-term development & production
Standardized Contractual Documents
Petroleum Agreement Model
Reconnaissance Agreement
interest share
Association Contract Model
Data Access Request Form
interest share
