Cameroon’s belated bid to reform its exploration and production sector continues to concern some operators as they point to a persistent lack of clarity in the approvals process and highlight questions over fiscal provisions, but these are areas currently under review, writes Barry Morgan.
Geography prevents any deep-water expansion, yet the country still manages to pump more than 100,000 barrels per day of oil from shallow-water acreage operated by Perenco and Addax Petroleum, almost double what it produced five years ago.
The
