Read the latest Archives of oil, gas and energy news.
A proposed $15 million funding package for the Thali permit, operated by Tower Resources in Cameroon, could transform upstream investment by offering a risk-sharing, flexible financing model – an approach set to be explored further at the Invest in African Energy Forum in Paris next May.
Proposed projects will encompass solar, wind, hydro, biomass and battery storage solutions.
Cameroon Aluminum Company has shipped four containers of aluminum ingots, totaling 99.4 tons to Algeria, under the AfCFTA.
Afreximbank has signed a term sheet with infrastructure developer APD-Cameroon proposing a participation of €80 million.
The contract builds on an existing agreement between Aker Solutions and Azule Energy and covers maintenance and modification activities over the next three years.
Tower Resources has announced progress in its upstream operations in Cameroon – where it plans to drill the NJOM-3 well later this year – and Namibia.
The Nachtigal hydropower project will increase Cameroon’s electricity generation capacity by 30% once fully operational.
The Kita Eden field, in which Perenco launched the drilling campaign, is challenging to operate in due to shallow waters, meanwhile it has the potential to boost energy production and security in Cameroon.
At the Invest in African Energy forum, a dedicated Central African spotlight will showcase Cameroon’s oil and gas upstream prospects and future LNG export plans.
Cameroon’s Minister of Water and Energy, Gaston Eloundou Essomba, has inaugurated the 36 MWp Maroua and Guider solar PV plants in the northern part of the country.
