Petroleum & Gas

Petroleum production is estimated at about 85000 barrels a day.
Cameroon ranked 7th highest producer in Africa.
Production presently takes place on 2 offshore locations, Rio del rey and Douala-Campo basin. Production on hold over the past 2 decades and new oil fields have to come on-stream to avoid a serious decline in oil production.
Rio del Rey approximately 7000km offshore produces 9/10 of the national production of the brut from 55 fields.
Douala/Kribi-Campo: 19000km2 onshore 3 marginal fields in production

Large concentrations discovered in Douala/ kribi- Campo

Evaluated at 155 billion m3 including 86% on non associated gas and 14% of gas cape.
Resource could exceed 255billion m3 if uncertified resources are added.

Investment opportunities include;