Mauritania attracts farm-ins despite gloomy market conditions


Issue 294 - 12 Feb 2015 | 5 minute read

Chevron subsidiary Chevron Mauritania Exploration Limited has reached agreement to acquire a 30% non-operated working interest in offshore blocks C8, C12 and C13 from Kosmos Energy. Kosmos is preparing to drill a well on the Tortue prospect, using the Atwood Achiever drillship. Chevron will not initially fund the well, but retains the option to participate in Tortue after the transaction is completed. Kosmos retains a 60% interest in the blocks and remains the operator, while state oil company Société Mauritanienne des Hydrocarbures et du Patrimoine Minier has a 10% carried interest.

Tagged with:

Pin Resources

Pin Mauritania

Want to read more?

Subscribe to African Energy

View subscription options

This article is available to registered users

Login

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map

Register