Mixed fortunes in Mauritania—Senegal
Drilling for the gas export project between the two countries has been disappointing
An inter-governmental accord has made a cross-border gas development between Mauritania and northern Senegal more likely. But money-spinning oil finds remain elusive for the joint venture between BP and Kosmos that holds the key licenses in the region. In February, Senegal and Mauritania signed an intergovernmental cooperation agreement covering the share-out of revenues from large gas reserves straddling their maritime border. This prompted Kosmos to say the project, known as Tortue, remained on track for a final investment decision by end-2018. BP, the operator, has told Petroleum Economist that it also expects FID by year-end. The development could hold more than 20 trillion cubic feet, w
Also in this section
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
19 November 2024
Energy minister says country is delaying first oil production until pipeline and refinery are ready
