The Government of the Republic of Congo, represented by the Minister of Hydrocarbons, Jean Marc Thystère Tchicaya, his colleague Finance and Budget, Calixte Nganongo, and the Director General of the National Petroleum Company of Congo (SNPC), Maixent Raoul Ominga , on the one hand, and Kosmos Energy Corporation, represented by its Chief Executive Officer (CEO), Andrew G. Inglis, on the other hand, have signed the Production Sharing Agreement (CPP) on the oil field called '' Marine Bloc XXI '', located in deep sea, off Pointe-Noire.
With 3000 meters below the sea, Bloc Marine XXI is the deepest of all the licenses on the Congo offshore fields. Its area is about 2,351 square kilometers.
Kosmos Energy is an American company based in Dallas (USA). Specialized in oil exploration, she is the second American company to operate in the Congo. Kosmos Energy has assets in Mauritania, Senegal and Suriname. She discovered one of the largest deposits, called "Jubilee", located in the deep sea on the Ghanaian coast.
For the realization of its activities in the Republic of Congo, it has created a subsidiary called "Kosmos Energy Congo". "We will keep our commitments as signed in this Production Sharing Agreement. We will build our local office and also create our Foundation in Congo, "promised CEO Andrew G. Inglis.
On the occasion of the signing of the CPP, the stakeholders also signed the Special Agreement on the bonus.
This ceremony, which took place on Monday, March 4, 2019, in Brazzaville, is the culmination of the promotion of the Congolese mining domain realized during 2016-2017. The license for the exploitation of liquid or gaseous hydrocarbons, Bloc Marine XXI, was attributed to the SNPC. And the company Kosmos Energy Congo had been designated operator of said license, after a tender process.