Element Africa: offshore oil threatens fisheries, gold mining topples homes and forests
Element Africa: offshore oil threatens fisheries, gold mining topples homes and forests
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Element Africa: offshore oil threatens fisheries, gold mining topples homes and forests
Chevron (CVX) will keep a 40% holding in block 5 off the coast of Suriname, while Shell and Paradise Oil Company will each have a 20% and 40% interest, respectively.
Chevron (CVX) will implement a work program in collaboration with the government of Equatorial Guinea to further the development of Block EG09.
Chevron has signed an agreement with Equatorial Guinea for Block EG09. The agreement grants Chevron 80 per cent ownership of the block located in the Douala Basin on the border of Cameroon, with GEPetrol holding the remaining 20 per cent.
Chevron has signed an agreement with Equatorial Guinea for Block EG09. The agreement grants Chevron 80 per cent ownership of the block located in the Douala Basin on the border of Cameroon, with GEPetrol holding the remaining 20 per cent.