Perenco swipes left on Etinde
Bowleven CEO Eli Chahin said the termination of the deal was “unfortunate as we believed it could have represented an opportunity to accelerate development progress at Etinde”.
Etinde
Perenco deal at risk, Bowleven’s top shareholder warns
The problem is that the rate at which Bowleven is using cash will see it run out “most likely before summer 2024”.
Perenco strikes Etinde deal with New Age
Perenco has signed a deal to buy the Etinde stake held by New Age (African Global Energy) for an undisclosed amount, junior partner in the project Bowleven has said.
Bowleven warns of complexity, financial strain on path to Etinde
Bowleven has warned that the final investment decision (FID) for Etinde is expected in late 2022 but that it will need to raise financing.
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.
New Age prepares to tee up Cameroon, Congolese projects
New Age (African Global Energy) expects to bring on its Etinde gas project, in Cameroon, and Marine III, off Congo Brazzaville, in 2024.
Etinde FID delayed once more
A final investment decision for the Etinde project in Cameroon has slipped once more, with Bowleven now tipping 2022.
A tough year down for Africa
As with the global industry, African exploration and production plans hit the COVID-19 and oil price-crash roadblock.
Etinde FID slips to mid-2021
A final investment decision (FID) on Cameroon’s Etinde project is now expected in mid-2021, junior partner in the venture Bowleven has reported.
TechnipFMC wins FEED work on Etinde
TechnipFMC has won lead front-end engineering design (FEED) work on the development of the IM gas condensate field, offshore Cameroon, Bowleven has reported.
Etinde partners eye Victoria route to market
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.
Bowleven eyes the clock on Etinde
Bowleven has taken an impairment charge of $62 million on its Etinde asset in Cameroon as plans have slipped.
Drilling on Etinde well to start this month, Bowleven says
The drilling of two appraisal wells will start soon on the Etinde field in Cameroon, a project partner said today.