Mauritanian elections promise little upstream change
The expected winner of the presidential poll is unlikely to rock the boat for players in the country’s fast-expanding offshore sector
Mauritanians go to the polls on 22 June to elect a new head of state—with the regime candidate, defence minister Mohamed Ould Cheikh Mohamed Ahmed Ould Ghazouani, the overwhelming favourite to clinch victory. As a longstanding close confidant of the outgoing president, Mohamed Ould Abdelaziz, he is expected to maintain the principle lines of current government policy. That should ensure a continued stable framework for the upstream hydrocarbons sector at a time when BP is developing the $1bn Grand Tortue/Ahmeyin (GTA) gas project and there is a marked pick up in exploration interest among other foreign oil companies. Ghazouani, who comes from an important religious and trading family in Assa
Also in this section
24 January 2025
Domestic companies in Nigeria and other African jurisdictions are buying assets from existing majors they view as more likely to deliver production upside under their stewardship
23 January 2025
The end of transit, though widely anticipated, leaves Europe paying a third more for gas than a year ago and greatly exposed to supply shocks
23 January 2025
The country’s government and E&P companies are leaving no stone unturned in their quest to increase domestic crude output as BP–ONGC tie-up leads the way
22 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised