Exxon Mobil and Mauritanian authorities have signed three production-sharing contracts for three deep-water exploration blocks. “These blocks further enhance ExxonMobil’s leading global deep-water acreage position,” said Steve Greenlee, president of ExxonMobil Exploration Company in a statement. The three blocks are located an average of 124 miles (200km) offshore Mauritania, ExxonMobil announced on Monday (4 December). Interest has surged in oil and gas fields offshore of Mauritania and neighbor Senegal since big discoveries by Cairn Energy and Kosmos Energy. Kosmos Energy has partnered with BP, in separate projects over the last three years.

Source: The North Africa Journal December 06, 2017 12:56 UTC