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June 19, 2011
Business
Herakles Farms Develops Sustainable Palm Oil Plantations in Cameroon and Ghana
-- Plantations to follow the highest environmental standards, safeguarding local biodiversity
-- Palm oil to be certified as sustainable, complying with Roundtable on Sustainable Palm Oil (RSPO) Principles & Criteria
-- Projects to create over 10,000 jobs for local people, as well as housing, healthcare, clean water and schools
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June 16, 2011
Business
Cameroon Logbaba field to flow gas by end-2011
Victoria Oil & Gas PLC is installing surface facilities to develop two-well Logbaba gas-condensate field on the Logbaba concession in the city of Douala, Cameroon, by the end of 2011.
The field has 212 bcf of proved and probable reserves in the Late Cretaceous Logbaba formation. The company expects gas sales of 8 MMscfd the first year rising to 44 MMscfd by the end of 2014. Victoria said the field is Cameroon’s first onshore gas production.
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June 12, 2011
Business
Bowleven flows oil off Cameroon
West Africa-focused explorer Bowleven has flowed light oil from the Sapele-1ST appraisal well during testing in the Douala basin, off Cameroon. Read More »
June 09, 2011
Business
China to Boost Cameroon's Agriculture
The People's Republic of China is seeking ways of boosting agricultural production in Cameroon in a bite to ensure food security and sufficiency in the country as well as deepen the already existing cordial relations it entertains with Cameroon. Read More »
June 06, 2011
Business
Afferro Mining May update on Nkout East Cameroon project
Afferro Mining said that its reconnaissance drilling program on Nkout East in Cameroon had identified high grade iron ore that warrants further investigation.
The plan is to assess the potential of this higher grade ore in the surface oxidized cap to see whether it is of sufficient quality to be shipped to clients directly. Read More »
