Mauritania

BP has further advanced its 10mn t/y Tortue FLNG project on the Mauritania/Senegal maritime border with the award of...

US independent Kosmos is looking to cash in on its Mauritania gas discoveries. Development may look streamlined but risks hide below the surface.

A series of key wells slated for 2019 could well see a major increase in the country’s gas reserves, further advancing LNG plans.

BP’s 15tcf, 10mn t/y Tortue FLNG development promises to be transformative for Mauritania. The major will be sole LNG offtaker for 2.5mn t/y Phase-1 output.

BP is set for imminent FID at the 15tcf Tortue field and is already eying a second, larger, Mauritanian hub. Total is rapidly expanding alongside Exxon and Shell.

UK independent Cairn plans to enter the Mauritanian deepwater, securing the right to acquire up to a 30% interest...

Golar LNG, the company slated to provide the 2.5mn t/y floating LNG (FLNG) production vessel for BP’s Tortue project...

Shell this week became the latest major, after BP and Total to enter the Mauritanian deepwater. Chevron and Eni are present off Morocco to the north.

Exxon had precisely zero upstream interest in the Mediterranean and North Africa as recently as 2016. It last year bagged key deepwater exploration blocks off Cyprus and Mauritania; a Crete award looks imminent and it is eying Algeria and Egypt.

BP’s 15tcf Tortue gas-to-LNG project on the Mauritania/Senegal maritime border remains on track for a final investment decision (FID)...

The prospects for a prompt final investment decision at the BP/Kosmos 15tcf Tortue deepwater prospect on the Mauritania/Senegal maritime...

Last year saw record low global oil and gas discoveries. The 2018 picture looks similar, despite a nascent major return to deepwater drilling. The Middle East, a bright spot in the downturn, kept drilling at near-record levels in 2017, but dwindling cash reserves mean activity has eased.