Oil

The contract for three wells with a minimum total duration of 200 days will be performed in Cameroon at a dayrate of approximately … drilling and completion of exploratory and developmental oil and gas wells. The company currently owns 11 … Continue reading →

The country is located in West Africa and shares land borders with the Republic of Benin in the west, Chad and Cameroon in the east … Ethnic violence over the oil producing Niger Delta region and inadequate infrastructures are some … Continue reading →

They were scooping fuel from an overturned oil tanker in Rivers State yesterday July 12. Over 100 people in Okobe, Ahoada West Local Government Area of Nigeria’s Rivers State were feared dead early yesterday July 12 after they swooped on … Continue reading →

Cameroon and PERENCO Group yesterday signed an agreement in Yaounde to that effect. A new floating crude oil storage and loading terminal will be set up in the Rio Del Rey basin to replace two existing ones which have become … Continue reading →

The Cote d’Ivoire trip also follows two other trips to the Niger Delta in Nigeria and Douala/Kribi in Cameroon by the journalists who participated … of coastal communities in dealing with oil companies, the role of civil society in effective … Continue reading →

Premier Oil separately reported a ‘strong’ performance in its current operations, where annual production is currently expected to average 60,000 barrels per day. It says it is still on track for its medium-term goal of producing 100,000 barrels a day … Continue reading →

The country is located in West Africa and shares land borders with the Republic of Benin in the west, Chad and Cameroon in the east … Ethnic violence over the oil producing Niger Delta region and inadequate infrastructures are some … Continue reading →

The plaintiff held that the International Court of Justice’s judgment that ceded Bakassi to Cameroon clearly established the baseline … portion of the waters and so could not lay claim to the oil wells located thereof; I urge the court … Continue reading →

Victoria Oil & Gas (LON:VOG) said it has started continuous production operations at its 95 percent owned and operated Logbaba gas and condensate project. The company’s gas pipeline in Douala, Cameroon’s largest city, was completed and commissioned …

Netherland ceded the oil-rich peninsula to the Republic of Cameroon, saying that without Bakassi the state could not be regarded as a littoral state. Obono-Obla said, “I had no doubt that the Supreme Court will not rule otherwise. We lost … Continue reading →