BP expands into West Africa

BP on 19 December announced a $916m farm-in agreement with Kosmos Energy to develop the Tortue gas project offshore Mauritania and Senegal. BP will take over the operatorship and a 62% working interest in Kosmos’ licences covering blocks C6, C8, C12 and C13 offshore Mauritania, as well as an effective 32.49% working interest in the licences covering the Saint Louis Offshore Profond and Cayar Offshore Profond blocks offshore Senegal. Kosmos will maintain 28% and 32.51% in the licences offshore Mauritania and Senegal respectively, and will continue as exploration operator.