Mauritania offshore oil and gas map, showing Banda and Tevet

Mauritania signs $1bn deal with Egyptian consortium to develop offshore gas

Issue 503 - 03 Apr 2024 - By Marc Howard | 3 minute read

The estimated $1bn EPC deal for the Banda and Tevet fields, which hold combined estimated reserves of 2.2tcf, is the first involvement by Egyptian players in Mauritania’s upstream and marks the revival of Nouakchott’s long-held plans to supply gas to its flagship Banda Duale power plant.

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