Middle East Economic Survey

VOL. XLVII

No 23

07-June-2004

MAURITANIA

Woodside-Led Group Approves $600Mn Chinguetti Field Development

A Woodside Petroleum-led consortium has approved the development of the offshore Chinguetti field, following the award of a 25-year production license by the Mauritanian government, partner Hardman Resources said in a statement on 31 May. The Chinguetti oilfield is in Production-Sharing Contract Area B, located some 90km offshore west of Nouakchott (MEES, 21 May...