Maurel et Prom has made an offer to acquire Wentworth Resources, its partner at a Tanzanian gas project.
Olivier de Langavant
Maurel et Prom has reported production slipping 5% in the first nine months of the year, even while revenues increased 42%.
Maurel et Prom intends to hold its production roughly stable in 2020 as the company focuses on riding out the current storm.
Maurel et Prom’s income increased in 2019 as a result of increased production, while the sales price fell marginally.