Cameroon, Equatorial Guinea
Squabble in Offshore
The development of Sterling’s Ntem license has been frozen for the past year because of a maritime boundary dispute between Equatorial Guinea and Cameroon.
PetroSA is South Africa’s national oil company and extracts natural gas and oil on behalf of the government in the coastal regions of the country, as well as producing synthetic fuel. PetroSA has on several occasions attempted to obtain licences in neighbouring countries, but has never succeeded in expanding its operations outside South Africa.
South Africa’s national oil company, PetroSA, is currently clinching a [...]