January 28th — According to a report by Morocco 360 News on January 26th, Amina Benkhadra, General Manager of the Moroccan National Office of Hydrocarbons and Mines (ONHYM), recently signed a cooperation agreement with Christopher C. Olson, Vice President of Murphy Morocco Oil Co., Ltd., regarding the exploration of oil and gas resources in Morocco's Atlantic offshore area. This collaboration involves the "Gharb Deep Offshore" region along the Atlantic coast, covering ten exploration licenses with a total area of 16,900 square kilometers. Chempricehub Analysis: - **Polyaluminum Chloride (PAC)**: Bull-Bear Score: +1 The cooperation agreement involves oil and gas exploration in Morocco's Atlantic offshore area, which may increase oil and gas extraction activities, thereby boosting demand for water treatment chemicals such as polyaluminum chloride, benefiting spot prices. A score of +1 indicates a generally positive outlook, as the impact is indirect but demand expectations are rising. - **Polyacrylamide (PAM)**: Bull-Bear Score: +1 The oil and gas exploration cooperation may expand drilling and water treatment applications, increasing the consumption of flocculants such as polyacrylamide and driving up spot prices. A score of +1 indicates a generally positive outlook, based on expectations of demand growth.