Exxon Mobil Madagascar Offshore Licenses Extended

Exxon Mobil Corporation announced today that its affiliates in Madagascar have received extensions to their production sharing contract licenses, which will enable the resumption of exploration activities on the Ampasindava, Majunga and Cap St. Andre licenses offshore Madagascar.

The decrees formalizing the extensions to all three licenses were signed on July 17 by Madagascar President Andry Rajoelina.

The affiliates intend to resume exploration work and environmental assessments for shore-based and offshore operations in preparation for deepwater drilling.

ExxonMobil Exploration and Production (Northern Madagascar) Limited operates the Ampasindava PSC license and holds 70% interest. Sterling Energy holds 30% interest.

ExxonMobil Exploration and Production Madagascar Majunga Limited operates the Majunga license and holds 50% interest. BG International holds 30%, PVEP 10% and SK Innovation 10%.

ExxonMobil Exploration and Production Madagascar Limited is the operator and holds 100% interest in the Cap St. Andre license.

Press Release, November 07, 2013

 

Share this article

Follow Offshore Energy Today

Events>

<< Jan 2020 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply