Tag: Cameroon

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Tower Resources Granted Extension of PSC Exploration Period by Cameroon

The AIM-listed oil and gas company, Tower Resources, has announced an update regarding its planned operations on the Thali license in Cameroon held by its subsidiary Tower Resources (TRCSA) and...
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Cameeron’s Tradex Opens First Filling Station in Equatorial Guinea

On the 18th of February, the President of Equatorial Guinea, Teodoro Obiang Nguema Mbasogo, inaugurated Cameroonian oil company, Tradex's first filling station in Equatorial Guinea. The construction of the station...
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Tullow Oil to Expand its Ghanaian Business; Cameroon Issues Call for Tenders

Tullow Oil announces it aims to generate around $7 billion in profits over the next ten years by expanding its Ghanaian business. Although it currently has significant debt since 2019,...
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Cameroon Grants Approval for Matanda Block License to “Gaz du Cameroun”

Cameroon based gas and condensate producer and distributor, Victoria Oil & Gas, has announced that its wholly-owned subsidiary, Gaz du Cameroun S.A. (GDC) has received approval for the Matanda Block...
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Cameroon to Explore Oil Basins in its Strategic National Development (SND) for 2020-2030

In the country's development strategy for 2020-2030, the Government of Cameroon aims to boost oil exploration to compensate for the drop in production caused by the maturity of the active...
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FIN Holds Exclusive Virtual Meeting with Secretary-General of APPO

Last week, a United Kingdom-based firm, Strategic enablers of Foreign Direct Investment into Africa's oil & Gas Sector, Foreign Investment Network (FIN), held a virtual meeting with the Secretary-General of...
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SNH Cameroon Announces It is Testing New Gas Platform ‘Sanaga 2’

The National Hydrocarbons Company of Cameroon (SNH) announced that a new gas platform from Holland called "Sanaga 2" is being tested on the plant off Kirbi, in southern Cameroon. The...
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Equatorial Guinea to evaluate existing data on historic NDOTE-1 well

The Minister of Mines and Hydrocarbons Equatorial Guinea, His Excellency Gabriel Obiang Lima visited the first oil well ever to be drilled onshore in Equatorial Guinea; the NDOTE-1 in the...
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SNH Cameroon and Perenco Adjust terms of Oil and Gas Contracts

Société Nationale des Hydrocarbures, the National Hydrocarbons Company of Cameroon (SNH) and Franco-British Perenco Oil renegotiate the terms of the contracts of the Moudi and Ebome oil fields. The current...
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Cameroon: Victoria Oil Provides Operation Update for Quarter 2 of 2020

The Cameroon-based oil and gas producer and distributor, Victoria Oil, has published its intended operations for the second quarter of 2020. It factors the pandemic and reassured the company's commitment...
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