Kosmos announces drilling in October - TopicsExpress



          

Kosmos announces drilling in October kosmos_pr_042808_610.pdf.jpg US oil firm Kosmos Energy plans to start exploration drilling in occupied Western Sahara in October or November this year, writes Upstream Online today. Published: 21.02 - 2014 14:12Printer version According to Upstream Online, Kosmos regional director Ragnar Fredsted said the company will look to sink Gargaa-1 — the first probe off the non-self-governed territory of Western Sahara — in October or November, targeting Lower Cretaceous fans in about 2000 metres of water. “The size of this (Cap Boujdour block) is incredible. It has the possibility for multiple working petroleum systems, different play concepts and nothing has ever been discovered,” said Fredsted at the Energy Institute’s International Petroleum Week conference this week. The United Nations have clearly stated that any further exploration or exploitation of oil in Western Sahara is in violation of international law. However, completely misreading the UN legal opinion on the matter, Fredsted claims that there is no problem, as he believes that the Moroccan government has the legal right to issue exploration licences but, in the event of any production, the people of Western Sahara must benefit. Western Sahara Resource Watch is deeply concerned over Kosmos plans. Kosmos Energys support to Morocco in developing a future oil production in the occupied territory constitutes a serious blow to the UN peace efforts, directly disturbing the difficult peace talks. Kosmos management should consider how their company contributes to the continued sufferings of the Saharawi people, and immediately halt its plans, stated Erik Hagen, chair of Western Sahara Resource Watch. The UN legal opinion says that any such activity should happen in accordance to the wishes and the interests of the people of Western Sahara, the Saharawi. Nor Kosmos, nor its partners Cairn Energy and the Moroccan state-owned ONHYM, have ever consulted the Saharawi people.
Posted on: Fri, 21 Feb 2014 20:44:06 +0000

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