Managem agreed to acquire Sound Energy’s remaining stake in Morocco’s Tendrara gas project, increasing its holding to 75% and completing the British company’s exit from Morocco’s hydrocarbons sector. The deal includes interests in the Anoual exploration permit and broader Tendrara area. Sound Energy said the sale will help repay debt and support a shift toward energy transition investments, while Managem strengthens its position in Morocco’s domestic energy sector.
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Managem Expands Control of Tendrara
Business
01/06/2026
Managem agreed to acquire Sound Energy’s remaining stake in Morocco’s Tendrara gas project, increasing its holding to 75% and completing the British company’s exit from Morocco’s hydrocarbons sector. The deal includes interests in the Anoual exploration permit and broader Tendrara area. Sound Energy said the sale will help repay debt and support a shift toward energy transition investments, while Managem strengthens its position in Morocco’s domestic energy sector.
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