The World Bank has approved a $20 million International Development Association (IDA) grant to Mauritania to enhance the country’s capacity to negotiate investment agreements for developing the Great Tortue Ahmeyim gas field.
The gas field lies over the maritime border of Mauritania and Senegal.
Senegal will receive similar assistance from the lending global lending institution.
“This grant will strengthen Mauritania’s capacity to ensure a major gas resource is developed effectively by private operators with strong support from the government. We trust all stakeholders will be provided an opportunity to engage and contribute to accelerate inclusive growth in Mauritania,” said Laurent Msellati, World Bank Country Manager for Mauritania.
Riccardo Puliti, Senior Director, Energy and Extractives Global Practice at the World Bank Group, also said: “The development of this joint resource will require strong cooperation between the governments of Mauritania and Senegal.
“The government of Senegal is receiving similar assistance, so this project could very well serve as an example for other countries that share natural resources with their neighbors.
Sercel Delivers Seismic Equipment to Algerian Geo Firm
Sercel delivered a 25,000-channel 508XT land seismic acquisition system and 15 Nomad 65 Neo broadband vibrators to Algeoland, Algeria’s leading private geophysical company. Algeoland will deploy the Sercel equipment to conduct a major 3D seismic survey over a 2,000 sq km area of the Rhourde-Nouss desert region in north-east Algeria, on behalf of Sonatrach the state-run firm.
The 508XT system drives productivity, data quality and adaptability to an unprecedented level thanks to its X-Tech architecture.
Generating high-fidelity low-frequency broadband sweeps down to 1Hz, the all-terrain Nomad 65 Neo is able to contribute to the delivery of higher resolution seismic data even in the harsh Algerian desert.
Mebrouk Tarfaoui, Algeoland CEO, said: “Sercel’s success hinges on its product reliability, dedicated customer support and groundbreaking spirit of innovation. By deploying Sercel equipment, we will benefit from its latest acquisition technologies and have the confidence to deliver the best data ever for imaging to our customer.”
Pascal Rouiller, Sercel CEO, said: “As an equipment supplier to Algeoland since the company’s creation in 2014, we are pleased to have been selected once again to equip a major land seismic survey in Algeria. Both the 508XT and Nomad 65 Neo have been successfully field-proven in the toughest desert conditions and their deployment will enable Algeoland to achieve the best productivity and reduce operational downtime.