Cameroon

Savannah Energy in Talks to Acquire ExxonMobil’s Chad, Cameroon Assets

Savannah Energy PLC, the African-focused British independent energy company is in advanced exclusive talks with ExxonMobil to acquire its upstream and midstream asset portfolio in Chad and Cameroon.

VOG Extends Supply Agreement with ENEO

Victoria Oil & Gas Plc (VOG) announced that it has extended the current gas supply agreement with ENEO Cameroon (ENEO).

Bowleven and VOG Signed a Farm-out Agreement in Cameroon

Bowleven and Victoria Oil & Gas (VOG) have signed a farm-out agreement that has VOG joining Bowleven on the Bomono PSC in Cameroon.

Victoria Oil Extended Cameroonian Gas Pipeline

Victoria Oil & Gas PLC said it has successfully extended its gas pipeline in Cameroon to new customers and is continuing its gas drilling operations.

Victoria Oil & Gas Progressed with Cameroon’s La-107 Well

Victoria Oil & Gas' subsidiary, Gaz du Cameroun (GDC), has successfully drilled, cased and cemented the topmost section of the well to a depth of 400 meters.

Bowleven Advanced in Gas Assets

Edinburgh-based Bowleven said that the Scottish oil explorer was making progress on developing its Cameroonian assets despite its losses widening by $40m in 2015/2016.

Cameroon Spud Two Gas Wells

Africa-focused firm Victoria Oil and Gas said that drilling has started on two development gas wells in Cameroon. The wells will cost $40m and the drilling campaign will be wrapped up in the second quarter of 2017.

Chad Fined Exxon with $74b

The High Court in Chad has fined Exxon Mobile with $74b for allegedly underpaying royalties for 15 years. The two other companies named in the case are Chevron Corp. and Malaysia’s state-owned Petroliam Nasional Bhd.

RTE to Assist Cameroon’s New Power Firm

French electricity grid operator RTE, together with PwC and French infrastructure consulting firm Nodalis, has been chosen to help get Cameroon's new power grid company operational.

Gazprom to Buy all LNG from Perenco Cameroon Export Plant

Gazprom has signed an eight-year off-take agreement for all the liquefied natural gas from the Perenco Cameroon export plant.

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