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Cameroon opens oil and gas blocks to global bidders

Photo by Nathan Forbes @ Unsplash | Oil block, oil field
Photo by Nathan Forbes @ Unsplash

Alhousseiny Djigo

Alhousseiny Djigo is an experienced financial journalist based in Dakar.
  • Cameroon invites international oil and gas firms to bid for nine exploration blocks
  • Expert criticises lack of transparency at state oil firm SNH and warns move comes too late

 

YAOUNDÉ, CAMEROON – Cameroon has called for expressions of interest from oil and gas companies to explore and develop nine untapped oil blocks, the country’s state-owned National Hydrocarbons Company (SNH) announced.

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