Oil

The company is principally engaged in exploration, and development of oil and gas production in Cameroon and Gabon in West Africa. It holds a 100% equity interest in the Etinde Permit area being three shallow water blocks in offshore Cameroon. … Continue reading →

The government of Cameroon via the National Hydrocarbons Corporation (NHC) and the Dana Petroleum Plc has resolved to explore oil on the Bakassi West Block situated in the Rio Del Rey Basin covering a surface area of 387.53 square kilometers. … Continue reading →

However, Dangote’s election was nullified by the Federal High Court in Lagos in March 2010 following the application made to the court by some shareholders of African Petroleum Plc (now Forte Oil Plc), who had sued him, Nova Finance and … Continue reading →

The area covers nearly 390 sq km in shallow water. Dana is operator with 55% interest. Madison Cameroon Oil & Gas Ltd., an affiliate of Madison PetroGas, Calgary, has 35%, and SoftRock Oil & Gas Ltd., Douala, has 10%. Work … Continue reading →

Dana said the award of the 390 square-kilometre block in the Rio Del Rey basin of south Cameroon, on the southern margin of the Niger Delta oil producing region in Nigeria, would give the company access to prospective shallow-water acreage. … Continue reading →

In a deal which extends our existing position in Africa, Dana will be the Operator (55%), working in partnership with Madison Cameroon Oil and Gas Limited (‘Madison’) (35%) and SoftRock Oil and Gas Limited (‘SoftRock’) (10%). Bakassi West is situated … Continue reading →

We hold a positive view towards Cameroon’s food, drink and mass grocery retail industries … with growth in economic activity driven by the ongoing expansion of the country’s oil industry and the subsequent inflow of investment into the market.

They plan to build a portfolio of projects in Benin, Burkina Faso, Cameroon, Niger, and Togo … to relatively expensive and environmentally unfriendly diesel- and oil-based generation. Given the favorable conditions, solar power is considered …

The third lap was in Toko Sub-division. He later visited Heracles Farms; an oil palm plantation that has met with stiff resistance from a Kumba-based NGO claiming environmental protection. On the spot, the Governor urged the Heracles Farms management to … Continue reading →

The Dutch government has closed ten embassies across the world (five of them in Africa), including the economically important country of Cameroon. So why did it open … When South Sudan suddenly started getting oil revenues in 2005, there was … Continue reading →