1 March 2004
Mauritania: a different corner
With first oil output scheduled for late 2005, Mauritania is set to become one of Africa?s new energy exporters. Yet the country?s rise to international prominence is largely based on potential, writes Martin Clark
IT IS STILL early days, but there are high hopes for Mauritania, the focal point of an upturn in exploration interest across northwest Africa. Intensive drilling activity and seismic work off the coast underlines the level of confidence some explorers have shown in this new corner of the continent, with millions of dollars being poured into the country since the late 1990s. And for good reason. At the end of 2003, Dana Petroleum struck gas with its first exploration well in the country—the fourth offshore discovery in the last three years. The Pelican-1 well, in block 7—a vast licence area of 13,469 square km, roughly the size of 60 North Sea blocks—encountered a "substantial" hydrocarbons c
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
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