Tower Resources, the AIM-listed oil and gas company with a focus on Africa, has  provided an update on activity in respect of its Thali Production Sharing Contract (PSC), in the Rio Del Rey sedimentary basin offshore Cameroon. Cameroon Financing Tower Resources Cameroon SA (TRCSA), has executed a term sheet with BGFI Bank Group, the largest […]

The €11 million guarantee granted by BGFI Bank will enable the Norwegian company Scatec, which is responsible for producing and injecting electricity into Cameroon’s national grid in the north, to be paid on time. With respective capacities of 14.72 MWp and 15.78 MWp, the solar power plants of Maroua and Guider are part of the […]

Savannah Energy PLC, the African-focused British independent energy company sustainably developing high quality, high potential energy projects in Nigeria and Niger, has announced that, it is in advanced exclusive discussions with ExxonMobil Corporation with respect to the proposed acquisition of its entire upstream and midstream asset portfolio in Chad and Cameroon. The Proposed Acquisition would […]

Victoria Oil & Gas Plc subsidiary, Gaz du Cameroun S.A. (GDC), is the onshore gas producer and distributor with operations located in the port city of Douala, Cameroon, has announced that GDC has received US$5.1 million gross funds from Eneo in line with the final settlement agreement of 16 April 2021. The company said it Has reached the […]

Savannah Energy, the African-focused British independent energy company sustainably developing high quality, high potential energy projects in Nigeria and Niger, announces that, it is in advanced exclusive discussions with ExxonMobil Corporation with respect to the proposed acquisition of its entire upstream and midstream asset portfolio in Chad and Cameroon.  The Proposed Acquisition would include a […]

Victoria Oil & Gas Plc, whose wholly owned subsidiary, Gaz du Cameroun S.A, is the onshore gas producer and distributor with operations located in the port city of Douala, Cameroon, has announced first quarter operational update to its shareholders. HIGHLIGHT ·  Sales. Average daily gross gas sales rate for the quarter of 5.2 MMscf/d (Q4 20: 5.1 […]

Victoria Oil & Gas Plc, whose wholly owned subsidiary, Gaz du Cameroun S.A. (“GDC”), is the onshore gas producer and distributor with operations located in the port city of Douala, Cameroon, has said that it has settled amicably a gas supply agreement with Eneo. On 16 April 2021, GDC signed a settlement agreement with Eneo which will result […]

Victoria Oil & Gas, whose wholly owned subsidiary, Gaz du Cameroun S.A., the onshore gas producer and distributor with operations located in the port city of Douala, Cameroon, provides a corporate and operational update on key matters. HIGHLIGHTS The Company experienced a small number of positive Covid-19 cases in the Douala office over the last […]

Tower Resources plc the AIM listed oil and gas company with its focus on Africa, has announced an update regarding planned operations on the Thali license in Cameroon held by its subsidiary Tower Resources Cameroon SA, and the NJOM-3 well. The Government of the Republic of Cameroon has notified TRCSA that the President of the Republic has approved a further […]

Bowleven, the Africa focused oil and gas exploration group traded on AIM, has announced that New Age Ltd (New Age), Operator of the Etinde licence, has received formal approval to apply for a new Etinde Exploitation Agreement (EEA). This would replace the existing EEA which came into force by Presidential decree in January 2015.  The agreement […]