Shell signs product sharing contract for two blocks in Mauritania
Shell signed a product sharing contract (PSC) for two blocks in Mauritania this week, marking the entry of the Anglo-Dutch giant into the high-potential West African border.
Shell will receive the right to operate the C-10 and C-19 offshore blocks, which are 20 to 2,000 meters deep.
The product sharing contract for the C-10 block was previously held by Tullow Petroleum, which currently includes a newly expanded block that annexed the previously subdivided C-28 and C-29 blocks.
Mohamed Ould Abdel Vetah, Minister of Petroleum, Energy and Mining of Mauritania, said that the addition of Shell will increase the value of exploration activities in Mauritania and will help maintain the momentum of the country’s energy sector.
Shell upstream manager Andy Brown said: "We look forward to working with the Mauritanian government and people, and we have brought our expertise and technical capabilities to help develop the country's emerging energy industry."
Shell will set up an office in the capital, Nouakchott, and begin to reprocess and analyze existing seismic data and then collect new seismic survey data.