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Cameroon approves Etinde energy project

10:12 AM MDT | August 5, 2014 | Natasha Alperowicz

Bowleven (Edinburgh, UK), an Africa-focused oil and gas exploration group, says that the president of Cameroon has signed a formal decree awarding the Etinde exploitation authorization (EA), which gives the company and its joint venture partners, including Société Nationale des Hydrocarbures (SNH), the national oil and gas company of Cameroon, development and exploitation rights to block MLHP-7 gas field offshore Cameroon for 20 years with an option to renew for up to a further 10. This development will lead to the construction of onshore fertilizer...

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