Tunisia, 28 OCTOBER 2017
Mazarine Energy and State Oil Company ETAP jointly submitted a plan of development to “DGE” and “CCH” which was formally granted in September of 2016. The Concession is shared between ETAP (50%), Mazarine Tunisia (45%) and Medex (5%) with a 30 years validity, until Q3.
The development campaign has been substantially simplified in order to fast-track first oil/gas. Pipeline installations were initiated in Q1 of 2017.