Mauritania: Mauritania OIL / GAS Profile

Mauritania OIL / GAS Profile

The legal framework

1.The Petroleum Code of 1988 which governs the activities in research and exploitation of hydrocarbons
2.The Production Sharing Contract in 1994
3.The 2004 decree establishing the simpler tax system in favor of the oil industry
4.Ordinance 2006-008 of 4 April 2006 setting up a national oil revenue;
5.Study on revising the legal framework for oil in developing a modern petroleum code, leaving the order of 88-151 on 13.11.1988 hydrocarbon raw and model of the standard production-sharing;
6.Study on the drafting of a law on management of oil revenues

Identity of operators in the sector

• BRIMAX Petroleum
• International Ltd
• BARAKA
• CNPCI Mauritania
• DANA Petroleum Plc
• IPG.SA, Nouakchott
• REPSOL YPF E & P
• TOTAL E & P
• WINTERSHALL
• PETRONAS
• Zaver Petroleum Gulf
• LimitedGulf Ltd
• Tullow Oil
• The Group A. S. B
• ENERGY 4M
• Gaz de France
• HI-TECH Petroleum
• Blue Chip