A final investment decision for the Etinde project in Cameroon has slipped once more, with Bowleven now tipping 2022.
New Fortress Energy has taken a final investment decision (FID) on its Fast LNG plan.
Chad has no plans to sell a stake in its export pipeline to Cameroon, Société des Hydrocarbures du Tchad (SHT) has said in a statement.
Chevron has reached first gas its Alen gas project, in Equatorial Guinea.
Glencore’s wells in Chad remain offline although the Alen field, in Equatorial Guinea, is expected to start up on schedule in the first quarter.
Kidnappings offshore West Africa hit a six-year high in 2020, Ambrey has reported, with 142 crew members seized by pirates.
Taiwan’s CPC Corp. has celebrated the arrival of Chadian crude in its home market.
The cost to repair the fire-damaged Sonara refinery in Cameroon is 250 billion Central African francs ($461.8 million).
Victoria Oil & Gas has reached a deal to settle its dispute with Cameroon Holdings Ltd (CHL), ending the legal action and cancelling a royalty agreement.
A final investment decision (FID) on Cameroon’s Etinde project is now expected in mid-2021, junior partner in the venture Bowleven has reported.
Glencore produced more oil in the first half of the year, despite shutting down its Chadian assets.
Victoria Oil & Gas has cut reserves at its Cameroon gas field as a result of a major customer defaulting but the country is opening up again, raising the prospect of demand returning.
Equatorial Guinea has awarded Nexant the feasibility study on a new formaldehyde plant at Punta Europa and work to develop a Gas Master Plan to Gas Strategies.
Force majeure has been declared at two areas in Cameroon, Bakassi in the southwest and Zina-Makary in the far north, as a result of insecurity.
TechnipFMC has won lead front-end engineering design (FEED) work on the development of the IM gas condensate field, offshore Cameroon, Bowleven has reported.
Partners in Cameroon’s Etinde project have signed a non-binding letter of intent (LoI) to supply gas to Victoria Oil & Gas, which is facing a tough time with some of its onshore operations.
Cameroon’s state-owned Société Nationale des Hydrocarbures du Cameroun (SNH) has launched a tender for a feasibility study for a 3D seismic shoot, onshore in the Douala/Kribi-Campo Basin.
Higher insurance premiums for maritime work in the Indian Ocean is out of step with reality, according to Dryad Global’s annual report.
Bowleven has taken an impairment charge of $62 million on its Etinde asset in Cameroon as plans have slipped.
Four crew members have been kidnapped from a Greek oil tanker off Togo, following the seizing of nine sailors from a vessel carrying gypsum on November 2 off Benin.
Glencore’s oil production has risen 8% during the first three quarters of the year over the same period in 2018.
Victoria Oil & Gas today confirmed plans to raise up to £19.8million ($26million) via a share placing.
Cameroon energy utility Victoria Oil and Gas said today that a court had approved its capital reduction proposals.
Mixed fortunes for Victoria Oil and Gas as write downs contribute to $31million net loss despite sales boost
Victoria Oil and Gas has reported mixed fortunes for 2016, with write down and provisions contributing to a net loss of $31.1 million for the year.
Under-fire Bowleven said today that it had agreed to farm out a large stake in its onshore licence in Cameroon to another London-listed firm.