QATAR ENERGY and SHELL join forces for gas exploration in Mauritania, boosting economic growth

Play
Pause

Qatar Energy Acquires 40% Stake in Block C-10 for Gas Exploration in Mauritania

CEO of QatarEnergy, Saad Sherida Al-Kaabi,

Play
Pause

"We are delighted with the opportunity to participate in the upstream sector of Mauritania, and we look forward to a successful exploration program."

Play
Pause

Mauritania has achieved a significant milestone in its energy sector with the announcement of a new partnership in gas exploration. QatarEnergy has reached an agreement with Shell to acquire a 40% working interest in Block C-10, located off the coast of Mauritania.

Play
Pause

Under the agreement, Shell will hold a 50% stake in the Block C-10 exploration and production agreement, while Société Mauritanienne des Hydrocarbures (SMH) will hold a 10% stake. The acquisition is subject to customary Mauritanian government approvals.

Block C-10 spans an area of approximately 11,500 square kilometers, situated about 50 kilometers off the coast of Mauritania. Water depths in the area range from around 50 to 2,000 meters.

Play
Pause

This investment will expand Mauritania's energy sector and help increase economic development in the country. The partnership is a significant achievement for Mauritania, as it continues to attract more investment into its energy sector. #Mauritania #QatarEnergy #Shell #GasExploration #EnergySector #Investment #EconomicDevelopment

Renewable energy

Oil and Gas

Mining Sector

Green Hydrogen