
Wednesday, April 26, 2017
The partners on Mauritania’s Chinguetti oil field are continuing to work on plans to safely and effectively undertake the abandonment and decommissioning (A&D) process for the field. The partners began the process to determine its options for the decommissioning of the Chinguetti in early-2016.
The Chinguetti JV partners are Petronas, Tullow Oil, Premier Oil, Kufpec and SMHPM. Sterling has economic interests in the Chinguetti field through a funding agreement with SMHPM, Mauritania’s national oil company, and a royalty agreement with Premier Oil.