logoBC
Yaoundé - 03 July 2020 -
Energy

Etinde gas project : Technip FMC becomes prime contractor for development

Etinde gas project : Technip FMC becomes prime contractor for development
  • Comments   -   Wednesday, 04 March 2020 14:11

(Business in Cameroon) - British oil and gas operator Bowleven announced, on March 4, 2020, the arrival of Technip FMC on the Etinde field (on which it is 25% co-owner of the exploration license alongside Lukoil and New-Age that own 37.5% each) in offshore Cameroon.

This UK-based energy industry operator will work alongside the operations team as a prime contractor in the development of the Etinde project, which could lead to the production and marketing of natural gas.

Let’s note that Victoria Oil & Gas (VOG), the parent company of Gaz du Cameroun (GDC), is also interested in the project.

On February 5, 2020, VOG signed a "non-binding letter of intent" with the owners of the Etinde project, which covers an area of 2,316 km2 in the southwest region of Cameroon. In the framework of that letter of intent, it will obtain natural gas supplies from the Etinde field.

BRM

cameroon-validates-a-territorial-communities-development-program-based-on-the-employment-intensive-investment-approach
Cameroon recently validated an integrated national program aimed at developing decentralized territorial communities using the Employment Intensive...
cameroon-the-general-tax-directorate-reminds-taxpayers-of-the-special-mitigation-provisions-in-the-2020-finance-law
The General Tax Directorate (DGI), in a recent note, reminded Cameroonian taxpayers of a tax moderation procedure that will help them clear their tax...
cameroon-prepares-to-officially-resume-flights-after-keeping-borders-closed-over-the-past-three-months
In Cameroon, the government is finalizing a protocol to manage international flights, as the country prepares to resume air transport. This was disclosed...
chinese-firm-cwe-given-60-day-ultimatum-to-deliver-nkolessong-nding-road-in-cameroon-s-central-region
Sixty days. That is how many days Cameroon’s minister of public works (Mintp), Emmanuel Nganou Djoumessi, gave the Chinese firm China International Water...

Mags frontpage


Business in Cameroon n88: June 2020

Covid 19 Its impacts so far


Emmanuel de Tailly (SABC) : «Preserving jobs at all costs»


Investir au Cameroun n98 Juin 2020

Covid 19 Et maintenant, l’étendue des dégâts


Emmanuel de Tailly (SABC) : «Maintenir l’emploi coûte que coûte »