Mauritania’s Ministry of Petroleum, Energy, and Mines awarded Total two deepwater exploration and Blocks C15 and C31 production contracts. This promotes Total’s strategy to explore basins in underexplored petroleum systems. Besides, Total’s devotion to the development of the Mauritanian oil sector is proved.
These two blocks cover 14,175 km2. The contracts state that Total will operate the blocks with a 90% interest. Société Mauritanienne des Hydrocarbures et de Patrimoine Minier (SMHPM) will hold 10% Total also holds a 90% interest in Blocks C7 and C9, a 45% participating interest in Block C18.
The president of exploration and production at Total, Arnaud Breuillac, states that the agreement promotes Total’s strategy to explore basins in underexplored petroleum systems.
The new blocks addition proves Total’s loyalty to the Mauritanian oil sector evolution. It also will strengthen company’s position in West Africa, says Arnaud Breuillac.
Territory in Mauritania, Senegal, Ivory Coast, and Nigeria makes up half of Total’s territory in Africa together with the Mauritanian basin, which is the most promising, according to Total. Total plans to drill a well on Block C9 in 2019.
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