Chinguetti to cease 2017

OE Staff
Monday, November 14, 2016

Partners on the Chinguetti oil field offshore Mauritania are considering options for its decommissioning.

Production on the field, which is produced via the Berge Helene floating, production storage and offloading vessel (FPSO), is expected to end next year, says partner Sterling Energy.

Chinguetti field production, net to Sterling, totaled 32,284 bbl, an average of 351 b/d. One cargo lifting was undertaken during the period totaling 34,167 bbl net (Q3 2015: one lifting totaling 30,789 bbl net).

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.

The Chinguetti joint venture (Petronas, Tullow Oil, SMHPM, Premier, Kufpec) is evaluating how best to cease production from the Chinguetti field. Discussions continue to be held with the Government of Mauritania and relevant stakeholders on how best to execute this project, says Sterling.

Categories: Vessels FPSO Floating Production Decommissioning Africa

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