A Stable and Transparent Framework for Investment
01. Clear Hydrocarbon Code
Morocco’s hydrocarbon activities are governed by a dedicated legal framework covering reconnaissance, exploration and exploitation. This provides operators with a clear basis for investment and long-term engagement.
Hydrocarbon Code
Law n°21-90
Role of the State and ONHYM
02. ATTRACTIVE FISCAL TERMS
Morocco offers attractive fiscal terms designed to encourage exploration investment and support the development of hydrocarbon discoveries.
Maximum State
interest share
interest share
25%
Corporate income tax
exemption on production
exemption on production
10 consecutive
years
years
Competitive framework for upstream investors
03. STREAMLINED LICENSING PROCESS
The licensing process provides a structured route for petroleum companies to move from initial engagement to reconnaissance, exploration and, in case of success, exploitation activities.
04. ONHYM AS STRATEGIC PARTNER
Investors can rely on standardized contractual documents that support transparency, efficiency and consistency throughout the partnership process.
Petroleum Agreement Model
Association Contract Model
Reconnaissance Agreement
Data Access Request Form
Maximum State
interest share
interest share
25%
Our Strategic Partners
