Etinde partners consider exports via Equatorial Guinea
Partners on Cameroon’s Etinde have warned that costs to develop would be much higher than initially thought and exports via Equatorial Guinea may be the answer.
Partners on Cameroon’s Etinde have warned that costs to develop would be much higher than initially thought and exports via Equatorial Guinea may be the answer.
In a resounding defence of the African gas industry, Equatorial Guinea’s minister of energy has set out a number of plans including the resumption of work on an abandoned floating LNG (FLNG) project.
Cameroon Oil Transportation Co. (Cotco) has awarded work on the Kome-Kribi marine terminal to Maersk Supply Service.
Borr Drilling sees better times ahead, predicting all its rigs might be in work by the end of 2022.
The discussion around clean energy for Africa has tended to focus on solar and wind, with criticism linked to their inconstancy.
Tower Resources has struck a binding heads of agreement (HoA) to farm out its Cameroonian licence to Beluga Energy.
Perenco will increase LNG exports from Cameroon in 2022, following the drilling of two or three wells this year.
New Age (African Global Energy) expects to bring on its Etinde gas project, in Cameroon, and Marine III, off Congo Brazzaville, in 2024.
Savannah Energy is in talks to buy ExxonMobil’s entire up- and midstream portfolio in Chad and Cameroon.
West Africa is fertile ground for minigrid developments but companies must co-operate to broaden energy access successfully.
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.