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2015-03-18 20:50:00

LUKOIL CAME TO CAMEROON

LUKOIL CAME TO CAMEROON

LUKOIL closed a transaction to enter a project to develop the Etinde block offshore the Republic of Cameroon in the Gulf of Guinea (West Africa).

Earlier, the Company met all the preliminary conditions of the acquisition agreement signed in June 2014. This included obtaining approval from the Cameroon Ministry of Mines and Energy on October 21, 2014 and gazetting the Presidential Decree on February 18, 2015 approving the transaction.

The Etinde project is being executed under the production sharing agreement (PSA) signed on December 22, 2008. The project partners are LUKOIL (30%), New Age (African Global Energy)…

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Tags: LUKOIL, CAMEROON
Chronicle:
LUKOIL CAME TO CAMEROON
2019, July, 12, 07:55:00
BRITAIN'S CLIMATE AMBITION
The UK government must show it is serious about its legal obligations to tackle and prepare for climate change, the independent Committee on Climate Change (CCC) said today as it published its Reducing UK emissions - 2019 Progress Report to Parliament.
LUKOIL CAME TO CAMEROON
2019, July, 12, 07:50:00
SAUDI ARAMCO, MCDERMOTT CONTRACT $4.5 BLN
McDermott has won two engineering, procurement, construction and installation (EPCI) contracts from Saudi Aramco worth more than $4.5bn for the Marjan Increment Programme.
LUKOIL CAME TO CAMEROON
2019, July, 12, 07:45:00
SAUDI ARAMCO, SAIPEM CONTRACT $3.5 BLN
As part of its larger increment programmes for Marjan and Berri, Saudi Aramco has awarded Saipem two EPCI contracts worth more than $3.5bn.
LUKOIL CAME TO CAMEROON
2019, July, 12, 07:40:00
LNG PRICE: NEAR $4.5
Spot prices for August delivery to Northeast Asia are estimated to be about $4.40 per million British thermal units (mmBtu), up 10 cents from last week, trade sources said.
LUKOIL CAME TO CAMEROON
2019, July, 10, 12:55:00
OIL PRICE: NEAR $65 AGAIN
WTI had climbed 93 cents, or 1.6%, to $58.76, having earlier risen to $58.84. Brent was up 70 cents, or 1.1%, at $64.86, after earlier touching $64.95.
LUKOIL CAME TO CAMEROON
2019, July, 10, 12:50:00
OIL PRICES 2019-20: $67 ANEW
The Energy Information Administration (EIA) forecasts Brent spot prices will average $67/b in the second half of 2019 and remain at that level in 2020. EIA expects West Texas Intermediate (WTI) crude oil prices will average $62/b in the second half of 2019 and $63/b in 2020.
LUKOIL CAME TO CAMEROON
2019, July, 10, 12:45:00
IRREVERSIBLE CLIMATE CHANGE
“The clock is ticking on irreversible climate change,” Adam Matthews, co-chair of the Transition Pathway Initiative (TPI) and the director of ethics and engagement at the Church of England Pensions Board, said in a statement.
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