Market Research Logo

Mauritania Upstream Fiscal and Regulatory Report - Competitive Licensing Round Planned for High-Potential Blocks

Mauritania Upstream Fiscal and Regulatory Report - Competitive Licensing Round Planned for High-Potential Blocks

Summary

“Mauritania Upstream Fiscal and Regulatory Report - Competitive Licensing Round Planned for High-Potential Blocks”, presents the essential information relating to the terms which govern investment into Mauritania’s upstream oil and gas sector. The report sets out in detail the contractual framework under which firms must operate in the industry, clearly defining factors affecting profitability and quantifying the state’s take from hydrocarbon production. Considering political, economic and industry specific variables, the report also analyses future trends for Mauritania’s upstream oil and gas investment climate.

Scope

  • Overview of current fiscal terms governing upstream oil and gas operations in Mauritania
  • Assessment of the current fiscal regime’s state take and attractiveness to investors
  • Charts illustrating the regime structure, and legal and institutional frameworks
  • Detail on legal framework and governing bodies administering the industry
  • Levels of upfront payments and taxation applicable to oil and gas production
  • Information on application of fiscal and regulatory terms to specific licenses
  • Outlook on future of fiscal and regulatory terms in Mauritania
Reasons to buy
  • Understand the complex regulations and contractual requirements applicable to Mauritania’s upstream oil and gas sector
  • Evaluate factors determining profit levels in the industry
  • Identify potential regulatory issues facing investors in the country’s upstream sector
  • Utilize considered insight on future trends to inform decision-making


  • Regime Overview
    • Table Summary
    • Table Figure 1: Regime Flow Chart
  • State Take Assessment
    • Table Figure 2: Mauritania, Indicative NPV10/boe, IRR and State Take Comparison - Internal, 2016
    • Table Figure 3: Mauritania, Indicative NPV10/boe, IRR and State Take Comparison - Regional, 2016
  • Key Fiscal Terms
    • Bonuses and Fees
      • Signature Bonus
        • Table Mauritania, Signature Bonuses (US$), Selected PSAs
      • Production Bonus
        • Table Mauritania, Production Bonuses (US$ mm) Block C8, C12 and C13 PSAs (2012)
        • Table Mauritania, Production Bonuses (US$), Selected PSAs
      • Surface Fees
        • Table Mauritania, Annual Surface Fee Rates (US$/km2), Selected PSAs, 1999-2012
      • Personnel Fees
        • Table Mauritania, Annual Personnel Fee Rate (US$), Selected PSAs
    • Cost Recovery
      • Cost Recovery Limit
        • Table Mauritania, Cost Recovery Limits (%), Selected PSAs
      • Recoverable Costs
      • Special Onshore Uplift (Ta-11 and Ta-12 PSAs)
    • Profit-Sharing
      • R-Factor Mechanism (PSAs from 2011)
        • Table Mauritania, Profit Oil Split (%), Block C8, C12, and C13 PSAs (2012)
      • Production-Based Mechanism (Pre-2011 PSAs)
        • Table Mauritania, Profit Oil Split (%), Standard Rates, Zone B (Chinguetti) PSA, 2006
        • Table Mauritania, Profit Oil Split (%), Block 1 (1999), 7 (1999), 2 (2006) and 6 (2006) PSAs
        • Table Mauritania, Profit Oil Split (%), Block TA-11 and TA-12 (2004) PSAs
        • Table Mauritania, Profit Oil Split (%), Block 11 (2002) PSA
        • Table Mauritania, Profit Oil Split (%), Block TA-7 and TA-8 (2005) PSAs
        • Table Mauritania, Profit Oil Split (%), Blocks TA-13, TA-21, TA-5, TA-6, TA-9, TA-10 and TA-30/31/35 PSAs (2004-7)
        • Table Mauritania, Profit Oil Split (%), Block TA-2/19/27 (2008) PSA
        • Table Mauritania, Profit Oil Split (%), Block 24/31, 25 and 32 PSAs (2007)
    • Direct Taxation
      • Corporate Income Tax
        • Table Mauritania, Corporate Income Tax Rates (%), Selected PSAs, 2002-2012
        • Table Mauritania, Corporate Income Tax Rates (%), Block 1 (1999), 7 (1999), 2 (2006) and 6 (2006) PSAs
      • Deductions and Depreciation
    • Indirect Taxation
      • VAT
      • Customs Duties
      • Payroll Tax Withholding
    • State Participation
      • Table Mauritania, State Participating Interest (%), Selected PSAs
      • State Participation Cost Uplift
  • Regulation and Licensing
    • Legal Framework
      • Table Figure 4: Mauritania, Legal Framework
      • Governing Law
      • Contract Type
      • Title to Hydrocarbons
    • Institutional Framework
      • Table Figure 5: Mauritania, Institutional Framework
      • Licensing Authority
      • Regulatory Agency
      • National Oil Company
    • Licensing Process
    • License Terms
      • Duration
      • Work Obligations
    • Local Content
  • Outlook
  • Contact Information

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report