Middle East Economic Survey
Sterling Energy Appointed Strategic Partner To Mauritanian Government
UK-listed Sterling Energy announced on 27 October it had been appointed strategic partner to the Mauritanian government, reaching a conditional agreement to share in the revenues from the governments 12% interest in Chinguetti offshore oilfield. Chinguetti, due on-stream in early 2006, is operated by Woodside Energy. Sterling is paying a $15.5mn signature...