Register NOW！

Information Agency: Offshore Focus   2023-8-31

Dear colleagues,

As one of the founding countries of the African Union, Cameroon is moving steps for offshore oil and gas exploration since these years, and is aiming to make Cameroon an emerging country with a leading economy in Africa by 2035. According to the report in 2019, crude petroleum was both Cameroon’s biggest export ($1.89 billion) and import ($347 million).

On Mar. 25th, 2023, Equatorial Guinea and Cameroon have signed a bilateral cooperation agreement to jointly develop and monetize oil and gas projects on the border between the two countries (see Figure 1 below for Yoyo field in Cameroon and Yolanda field in Equatorial Guinea), which is following the agreement of two countries since 2017.

Figure 1 Yoyo field in Cameroon and Yolanda field in Equatorial Guinea

There is also an Etinde offshore block will going to FID soon. The Operator is Perenco with 37.5% shares, and investors are including Bowleven (25% shares), Lukoil (37.5% shares). The latest news of Etinde project is on June 8, 2022, which said Perenco’s subsidiary has inked a deal with New Age (African Global Energy) Limited to buy its stake and take over the operatorship of a field offshore Cameroon, which is expected to boost the development of African gas exports to Europe amid the widespread energy security concerns due to the current geopolitical crisis.

Figure 2 Etinde offshore block

What are the next steps for Yoyo field in Cameroon and Yolanda field in Equatorial Guinea? Will Etinde offshore block‘s FID process finished by 2023? Are there any incentive policies to accelerate the offshore projects exploration in Cameroon?  

Part of the delegation from Cameroon’s Minister of Mines, Industries and Technological Development (MINMIDT) are including:

s His Excellency Mr. FUH Calistus Gentry, Minister of Mines, Industry and Technological Development (MINMIDT) , Cameroon

s Steve Djoumessi, Head of Department at the Directorate of General Affairs, Ministry of Mines, Industries and Technological Development (MINMIDT), Cameroon

s ESSOMBA Jean Marcel, Technical Advisor No. 1, MINMIDT, Cameroon

s KOULAGNA Théodore, Technical Adviser No. 2, MINMIDT, Cameroon

s NDOUGSA MBARGA Théophile, Director of Geology, MINMIDT, Cameroon

s MINDJOS MOMENY Martin Paul, Director of Industry, MINMIDT, Cameroon

s MONO NDJANA, née NGO TONJE Jacqueline Nicole, Inspector General, MINMIDT, Cameroon

s ATEBA Polycarpe, Head of the National Mining Brigade, MINMIDT, Cameroon

s MOUNDI Amidou, Head of the Studies, Projects and Cooperation Division, MINMIDT, Cameroon

s NNOKO, née KOUBITOBO BATISSECK Maguy Angèle, Head of the Technological Development and Industrial Property Directorate, MINMIDT, Cameroon 

ØØ Want to know more for impact of Nigeria’s local content policy? Click here to get the Conference Agenda

Part of other Confirmed and Confirming Speakers & Senior Attendees of Government, Regulators, Associations, Contractors at West Africa Offshore Upstream Conference (Offshore WA) 2023:

Association & NGO:

s H.E. Dr. Omar Farouk Ibrahim, General Secretary, African Petroleum Producers Organisation (APPO)

s Dr Taher Najah, Director Railwan Lukman Research and Development Centre, African Petroleum Producers Organisation (APPO)

s Ray Atelly, President and Chairman of Council, Nigeria-British Chamber of Commerce

s …

Nigeria:

s Dr. Kelechi O. Ofoegbu, Executive Commissioner, Economic Regulation & Strategic Planning, Nigerian Upstream Petroleum Regulatory Commission (NUPRC)

s Babajide Fasina, Assistant Director, Operations, Nigerian Upstream Petroleum Regulatory Commission (NUPRC)

s Abdulmalik Halilu, General Manager, Research & Statistics, Nigerian Content Development & Monitoring Board (NCDMB)

s …

IOC:

s Cyprian Ojum, Deputy General Manager, Nigerian Content, TotalEnergies

s To be Announced, Shell Nigeria Exploration and Production Company (SNEPCo)

s To be Announced, Eni

s To be Announced, Swiss African Oil Company Limited

Angola:

s Sebastião Pai Querido Gaspar Martins, President and CEO, Chairman of the Board of Directors, Sonangol E.P. 

Ghana:

s James Dwamena Yamoah, Department Director, Petroleum Upstream, Ministry of Energy, Ghana

s …

Leading Contractors and Vendors:

s Jason Robinson, Director of Business Development – Africa, Mediterranean & Middle East, TGS

s To be announced, TGS

s To be announced, TGS

s Country Manager, Nigeria, PGS

s SVP Business Development, Yinson Production

s Managing Director-Nigeria, Yinson Production

s Area Operations Manager, American Bureau of Shipping

s Regional Director of Operation, American Bureau of Shipping

s Principal Surveyor-in-Charge, Nigeria, American Bureau of Shipping

s Area Sales Manager (West Africa), NOV Fiber Glass Systems

s …

>> Last 5 Seats with 10% Discount

About the West Africa Offshore Upstream Conference 2023 (click here for official website)：

In the post-pandemic era, the rising oil prices, the discoveries of significant offshore oil and gas fields of West Africa region, and aims of accelerating monetization of regional hydrocarbon by 2050 have driven demand for active offshore upstream exploration in West Africa. Recently, Nigeria and Sierra Leone held new round of offshore bidding separately, Ghana is planning for new deep offshore bidding now. During 2019 to 2022, the West African countries such as Angola, Côte d’Ivoire, Senegal, Equatorial Guinea, Congo, Liberia, Gambia, either launched bidding round or opened for direct negotiation for untapped blocks. Meanwhile, projects in several West African countries are heading for FID in 2023. What is status of different projects in West Africa countries? What challenges and concerns of the government, NOCs and IOCs and how could involve in the projects? The West Africa Offshore Upstream Conference 2023 (December 5-6th, Abuja, Nigeria) is committed to gathering the most related players for the hottest topics and projects, and to building a comprehensive platform for information sharing, highly-level communication, and best practices showcasing.

 To Be Speaker     To Be Sponsor      To Be Exhibitor

If you are interested, you can email me (lillianl@ltsinnovate.com) or register your interest.

Register NOW！