Lukoil Joins Shelf Project In Cameroon
LUKOIL has acquired a 37.5-percent interest from the British company Bowleven Plc in the development project of the Etinde site at Cameroon’s shelf as part of a production-sharing agreement (PSA). The transaction will be completed upon approval on the part of Bowleven Plc’s shareholders and the government of Cameroon. The Etinde site …