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.
Victoria Oil & Gas
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.
Victoria Oil & Gas has entered into a confidential settlement with its wholly owned subsidiary Gaz du Cameroun.
Victoria Oil and Gas has appointed Roger Kennedy to its board.
Victoria Oil & Gas has strengthened its leadership team with the appointment of a new group chief executive.
Victoria Oil & Gas today confirmed a board revamp as looks to bolster its financial leadership.