Mauritania: Total announces signature of two production sharing contracts
Total has announced the signature of two production sharing contracts with Mauritania for the onshore blocks Ta7 and Ta8. Situated in the Taoudenni basin, north-eastern Mauritania, these blocks cover a surface area of nearly 58,000 square kilometres.
These contracts follow an agreement for petroleum exploration studies signed 18 months ago by Total for on the ground geological works on both of these blocks. Furthermore, three exploration phases are planned, each for a duration of three years for each of them.
Total is already present in Mauritania through its distribution network with the local subsidiary operating around 60 service stations.