Oil & Gas Exxon Mobil Signs Agreement with Government of Mauritania for Three Deepwater Offshore Blocks
The company will commence exploration activities once it receives approval on the contracts from the government. The offshore blocks are located near Mauritania in Africa.
Texas/USA – Exxon Mobil has recently announced that its wholly owned affiliate, Exxon Mobil Exploration and Production Mauritania Deepwater, has signed production sharing contracts with the Government of Mauritania for three deepwater offshore blocks.
Blocks C22, C17 and C14 are located an average of 124 miles, or 200 kilometers, offshore Mauritania. Together they measure nearly 8.4 million acres in water depths ranging from 3,300 feet to 11,500 feet, or 1,000 meters to more than 3,500 meters.
Following government approval of the contracts, Exxon Mobil will begin exploration activities, including acquisition of seismic data and analysis. The company will also carry out the work program as an operator with 90 per cent interest. Societe Mauritanienne des Hydrocarbures et de Patrimoine Minier holds a 10 per cent interest.