Shell signs two oil blocks contract offshore Mauritania

Mauritania shellThis is in line with Mauritania’s aim to develop the country’s energy sector. (Image source: nate2b/Flickr)Shell Exploration and Production Mauritania BV has signed two production sharing contracts with the government of Mauritania for the exploration and potential future production of hydrocarbons in the offshore blocks C-10 and C-19

“This move represents Shell’s entry into the West African Atlantic Margin exploration basin, which has significant potential,” said Andy Brown, upstream director of Shell.

Commenting on the northwestern African nation's oil and gas agreement, the Mauritanian minister of oil, energy and mining, Mohamed Ould Abdel Vetah, said, “Shell’s new entry in the Mauritania offshore area represents an important added value to the exploration activities and will contribute to maintaining the momentum for developing the energy sector in Mauritania.”

Following the government approvals of the contracts, Shell will set up an office in Nouakchott and begin exploration activities, starting with reprocessing and analysis of existing seismic data and acquisition of new data.

Shell will operate the exploration programme with a 90 per cent interest. Société Mauritanienne des Hydrocarbures et de Patrimoine Minier, the national oil company of Mauritania, holds a 10 per cent interest.

Additionally, Shell and the government of Mauritania have agreed in a MoU agreement to jointly evaluate further offshore exploration opportunities, examine new ways of meeting the country’s domestic energy needs and build capability in Africa’s oil and gas sector.

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