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Shell to Explore Offshore Mauritania; Signs Two-Block PSC
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Shell has signed two Production Sharing Contracts (PSCs) with the government of Mauritania for the exploration and potential future production of hydrocarbons in the offshore blocks C-10 and C-19.
Following the customary 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% interest. Société Mauritanienne des Hydrocarbures et de Patrimoine Minier, the national oil company of Mauritania, holds a 10% interest.
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