Mauritania Signs Two Offshore Exploration Contracts with Murphy Oil

Mauritania has signed two exploration and production contracts with U.S. oil company Murphy Oil Corporation covering the offshore C10 and Tiof blocks in the country's coastal basin.

The Mauritanian government said the agreements were part of its efforts to revive offshore exploration and support the development of the country's oil and gas resources.

The government described the partnership as a significant step in attracting further investment into the hydrocarbons sector, citing the exploration potential of the country's offshore basin and its access to international markets.

The agreements were signed on November 3 in Nouakchott by Mauritania's Minister of Energy and Petroleum, Mohamed Abdel Vetah, on behalf of the government.

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