Shell Enters Mauritania

Shell this week became the latest major to join the search for gas, and potentially oil, offshore Mauritania. On 23 July it signed exploration and production sharing contracts for 90% interests in blocks C-10 and C-19.

It joins BP, operator of the key Tortue gas-to-FLNG project straddling the maritime border with Senegal as well as four Mauritanian deepwater exploration blocks. Total took two deepwater blocks last year, whilst Exxon in December signed PSCs for three deepwater blocks ( MEES, 8 December 2017 ). Chevron (with QP) and Eni have deepwater blocks off Morocco to the north.

Block C-10 (50-2000ms water depth) surrounds several former discoveries: the Chinguetti oil field, long the country’s sole producer, saw output end in late 2017; the 1.5tcf Banda wet gas field had development plans shelved by then-operator Tullow after oil prices tanked in the second half of 2014 ( MEES, 13 February 2015 ). (CONTINUED - 368 WORDS)