AGP Executive Report
Last update: 8 hours agoOffshore Energy: Mauritania signed two production-sharing contracts with Murphy Oil to explore the C10 and Tiof offshore blocks, aiming to revive exploration and attract investment. Financial terms and exploration plans were not disclosed. Tiris Uranium: Aura Energy faces a higher construction estimate for its Mauritanian project, putting financing at the center of the decision. The company is in senior-debt talks and has received a non-binding proposal from a U.S. fund, with a go-ahead targeted by year-end. Trade Links: Algeria says its 200-hectare Tindouf free trade zone, launched with Mauritania’s president, will be delivered before year-end. The site near the border crossing is designed to support trade with Mauritania and West Africa, with warehouses, cargo inspection and customs services.
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