Mauritania/Senegal: Kosmos Energy has confirmed that the governments
Kosmos Energy has confirmed that the governments of Mauritania and Senegal have signed an Inter-Governmental Cooperation Agreement (ICA) which enables the development of the cross-border Tortue natural gas field to continue moving forward. With this agreement in place, Kosmos expects a final investment decision (FID) for the Greater Tortue project around the end of 2018 and is aiming for first gas in 2021.
Minister of Energy, Petroleum and Mines Mohamed Abdel Vetah of the Islamic Republic of Mauritania and Minister of Petroleum and Energy Mansour Elimane Kane of the Republic of Senegal signed the agreement in a joint meeting during the Presidential Summit held in Nouakchott, Mauritania on February 9, 2018. (Selected by SPTEC Advisory from Kosmos Energy, February 12)
Morocco: Sound Energy, the Morocco focussed upstream gas company, has announced the award of an 8 year petroleum agreement relating to the area currently covered by the Sidi Moktar onshore exploration permits in the Essaouira Basin, central Morocco. Sound Energy's CEO James Parsons said: 'Sidi Moktar represents an exciting second leg to our Moroccan portfolio, following on from Sound Energy's success at Tendrara. The Company is actively pursuing and remains committed to the development and expansion of its Moroccan portfolio.'
Source : Sound Energy