Sterling reduces offshore Mauritania interests

Offshore staff

LONDONSterling Energy has served notice of its withdrawal from block C-3 offshore Mauritania.

The company will assign its entire 40.5% interest in the production-sharing contract (PSC) to operator Tullow Mauritania. Societe Mauritanienne des Hydrocarbures et de Patrimoine Minier holds the remaining 10%.

Block C-3 covers roughly 9,800 sq km (3,784 sq mi). In 2014, a year after the PSC award, the operator commissioned a 1,600-km (994-mi) 2D seismic survey.

Sterling believes the results have not sufficiently de-risked the block potential to justify entering Phase 2 work commitments of 700 sq km (270 sq mi) of 3D seismic and drilling of one well.

However, the company remains committed to nearby block C-10, where operator Tullow plans the first well during 2017.


Share your news with Offshore at

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...