Victoria Oil & Gas Plc (Victoria) has become a significant domestic energy supplier in Africa through its wholly owned subsidiary: Gaz du Cameroun S. A. (GDC).
With operations located in the industrial port-city of Douala, Cameroon, customers are converting their operations to take natural gas supplied by our production wells and pipeline infrastructure.
GDC is the sole gas supplier in the area, providing a cheaper, more efficient, reliable, and cleaner energy alternative to Heavy Fuel Oil use.
Our teams of engineering advisors are on hand to help customer’s cost and implement the change to GDC’s energy products.

Victoria Oil & Gas is traded in the NEX Exchange HERE

Link-HISTORICAL NEWS,VIDEO/AUDIO & EVENTS

Link-Dedicated Posts for:
Gaz du Cameroun S.A. (“GDC”)
Gaz Du Cameroun Matanda S.A. ("GDC Matanda")

Link-Cameroon-Industrialisation Master Plan (PDI) & Africa Energy

NEWS

21st Jan 2019 Production Update
17th Jan 2019 Q4 2018 Operations Update
02nd Jan 2019 Presidential Decree on Matanda Received
24th Dec 2018 Renewal of Long-Term Gas Supply Contract with ENEO
28th Sep 2018 INTERIM FINANCIAL REPORT FOR THE SIX MONTHS ENDED 30 JUNE 2018
17th Aug 2018 Q2 2018 Operations Update
22nd Jun 2018 Report and Accounts to 31 December 2017
14th Jun 2018 Restructure of the BGFI Debt Facility
04th Jun 2018 Notice of Annual General Meeting
04th June 2018 Logbaba Field Reserves Update
24th May 2018 Q1 2018 Operations and Outlook
16th Feb 2018 Q4 17 Operations Update & 2018 Outlook Replacement
05th Jan 2018 Gas Supply Contract with ENEO Not Extended



VIDEO/AUDIO

21st Jan 2019 Victoria Oil & Gas looks ahead to increased cash flow
24th Aug 2018 Victoria Oil & Gas confident of resolving ENEO contract 'within weeks'
22nd Apr 2018 Video from 21/04/2018 UK Investor Show
16th Feb 2018 Victoria Oil & Gas confident of positive outcome to ENEO issue
08th Nov 2017 Victoria Oil & Gas reports very pleasing initial results from La-108
31st Oct 2017 21 Oil and Gas - African Power Panel
30th Oct 2017 121 Oil & Gas Investment
26th Oct 2017 Victoria Oil & Gas raises US$23.5mln to accelerate new growth programme
26th Sep 2017 Victoria Oil & Gas to finalise long term supply contracts after first gas at LA-107
17th Aug 2017 Victoria Oil & Gas expecting La-107 to be a 'substantial' producer
16th Apr 2017 Video from 01/04/2017 UK Investor Show
13th Apr 2017 'It's been a terrific year and a great quarter', says Victoria Oil & Gas' Kevin Foo
06th Mar 2017 Farm-out deal 'a really good strategic move' for Victoria Oil & Gas, says chairman Kevin Foo
06th Feb 2017 Chairman runs Proactive through the good start to 2017

EVENTS

28th Jun 2018 Annual General Meeting ("AGM")
10th May 2018 Africa Oil & Power Investor Forum-London
21st Apr 2018 UK Investor Show
11th-12th Apr 2018 Africa Investment Exchange: Gas (AIX: Gas 2018)-London
09th-10th Nov 2017 The Cameroon Investment Forum(CIF)-Cameroon
30th-31st Oct 2017 121 Oil & Gas Investment-London
23rd-27th Oct 2017 Africa Oil Week 2017-Cape Town South Africa
07th Sep 2017 One2One Investor Forum - London
05th Sep 2017 Oil Capital Conference-London
28th Jun 2017 Annual General Meeting
01st Apr 2017 UK Investor Show
9th Feb 2017 Presentation slide show for One2One
9th Feb 2017 One2One Investor Forum - London

Social Media
    

Africa Oil & Power Leads The Charge On Energy Industry Evolution

Africa Oil & Power, the continent’s leading platform for energy investment and policy innovation, is coming to Europe for the first time with the Africa Oil & Power Investor Forum. Hosted in London on May 10, the Investor Forum will bring together top government officials, executives and financiers to address critical needs and opportunities in Africa’s hydrocarbons and power space.

The rise of natural gas, a key trend in Africa’s energy sector, will feature strongly at the Investor Forum, as leaders in the industry – including Dr. Oliver Quinn, Director of Africa and Global New Ventures for Ophir Energy and Kevin Foo, Chairman, Victoria Oil and Gas – discuss the role of gas as a new solution for Africa’s power deficit. Gas-to-power and LNG-to-power are quickly becoming vital to Africa’s energy infrastructure and independents, like Ophir Energy and Victoria Oil & Gas, are blazing new trails in the development of Africa’s vast natural gas resources, bringing innovation to gas monetization. The gas-to-power panel will discuss the financing of gas-to-power and independent power projects; promoting the consumption of natural gas; and the potential of public private partnerships.

https://www.africa-news.info/travel/2018/05/03/africa-oil-power-leads-the-charge-on-energy-industry-evolution/



http://africaoilandpower.com/event/investor-forum-2018/

banjomick do you know when the next trading statement is due?

I would imagine the Preliminary Results for the year ended 31 December 2017 will be out around the end of this month going on previous releases.

Translated via google:

Cameroon: profitable again after 3 years of deficit, Sodecoton claims 15 billion FCfa to the State to boost its performances
Friday, 11 May 2018

The consolidated financial statements of the Cotton Development Company (Sodecoton), the flagship agro-industrial of the three northern regions of Cameroon, finally posted a net result of 2017 amounting to 4.3 billion CFA francs. .

These statistics revealed by the director general (Dg) of this company, Mohamadou Bayero Bounou, on the sidelines of the celebrations marking the celebration of the last International Labor Day, are well above the 800 million CFA francs advanced by internal sources at the company, in December 2017.

According to the CEO of Sodecoton, this performance is the result of the restructuring of the company, launched in 2016, with the financial support of the State, majority shareholder of this agro-industrial unit. In fact, in order to put Sodecoton back on its feet, after three successive years of deficit, which caused the company to lose a total budget officially estimated at 35.6 billion CFA francs, the state of Cameroon had promised to inject a subsidy of 30 billion FCFA.

So far, only 15 billion francs have actually been released. But thanks to this windfall and its own funds, Sodecoton, we learn, was able to upgrade its industrial equipment, which now turn to 90% of their capacity, against only 51% in 2016. At the same time , the factories were equipped with generators, in order to establish their energy autonomy in the face of recurrent power cuts.

The renewal and rehabilitation of the rolling stock of the company now allows Sodecoton to evacuate on time, the cotton field to the factories, canceling the losses often related to the wet cotton. Coupled with the improvement of the working conditions of the employees, these restructuring measures allowed the agro-industrial giant of the northern regions of Cameroon to get out of the water.

Moreover, "although society is getting better and better, I take this circumstance to once again draw the attention of the public authorities to the support expected from the State. Because, the situation of this company is not completely expurgated of the fragility that the least disruptive element, endogenous or exogenous, could put at risk, if the measures of refreshing of the technical capacities of the ginneries envisaged with these supports , have not materialized, " said the CEO of Sodecoton, evoking the 15 billion CFA francs still expected from the state, the overall envelope of 30 billion CFA francs promised in the context of the restructuring of this company, which supervises more than 250 000 producers in the northern part of Cameroon .

https://www.investiraucameroun.com/agro-industrie/1105-10752-cameroun-redevenue-rentable-apres-3-ans-de-deficit-la-sodecoton-reclame-15-milliards-fcfa-a-l-etat-pour-doper-ses-performances

Translated via google:

Brasseries of Cameroon invest 4 billion FCFA in a new bottling line in Douala
Tuesday, May 15, 2018




The Société Anonyme des breweries du Cameroun (SABC), a subsidiary of the Castel Group, has just enriched its production facilities. To this end, the governor of the Littoral region, Samuel Ivaha Diboua, inaugurated on May 9, the new PET bottling line of the SABC plant in Koumassi, Douala.

During this ceremony, Emmanuel De Tailly, CEO of Brasseries, said that this investment cost 4 billion FCFA. The work lasted 5 months. " The PET line we are inaugurating today is always the guarantee that Cameroon's industrial know-how and excellence are still at work so that this country does not become an industrial desert ," said Mr. De Tailly .

Before Koumassi, in February 2018 the SABC Group inaugurated the new box chain in Ndokoti (Douala) and the PET chain at the Bafoussam plant.

For the Brasseries of Cameroon, these major investments reflect the group's desire to maintain the rank of leader and continue to be a competitive industrial player. In this vein, SABC is pleased to have invested 45 billion FCFA in its agro-industrial ecosystem where more than 10 000 tonnes of maize and 30 000 tonnes of Cameroonian sugar have been valued.

https://www.investiraucameroun.com/agroalimentaire/1505-10768-les-brasseries-du-cameroun-investissent-4-milliards-fcfa-dans-une-nouvelle-chaine-d-embouteillage-a-douala

24 May 2018
Victoria Oil & Gas Plc

Q1 2018 Operations and Outlook


Victoria Oil & Gas Plc, the Cameroon based gas and condensate producer and distributor, is pleased to provide an update on the Group's operations for the three months ended 31 March 2018 ("Q1 18" or "the Quarter").

Q1 18 saw a decrease in gas consumption levels from Gaz du Cameroun SA's ("GDC") Logbaba Project in Douala, Cameroon, due to the non-renewal of the ENEO Cameroon SA ("ENEO") grid power gas sale agreement at the end of December 2017. ENEO has not recommenced consumption to date but management is confident of a resolution.


Q1 2018 Overview

· Q1 18 Gross Gas Sold of 330mmscf (54% decrease on Q4 17, 71% decrease on Q1 17)

· Average daily gas production for Q1 18 of 3.50mmscf/d (Q4 17: 7.94mmscf/d, Q1 17: 14.57mmscf/d)

· One more thermal customer, Panzani, came on-line post quarter end and three more, a Nestle subsidiary, Camlait and Agrocam, are commissioning their gas fired gensets

· Well La-107 flow line tie in complete and La-108 perforation gun recovery scoped

· Cash and cash equivalents at end of Q1 18 was $6.0 million (Q4 17: $11.4 million), trade receivables were $4.3 million (Q4 17: $6.2m), trade payables $9.1 million (Q4 17: $8.8 million) and borrowings were $23.4 million (Q4 17: $24.5 million). Net debt was $17.4 million (Q4 17: $13.1 million).



Outlook

· The revised year end production targets are 11.3mmscf/d if ENEO is back online by 1 July 2018 and 7.8mmscf/d if they remain offline.

· Non-grid revenue generating business such as dedicated gas to power solutions for customers and the Compressed Natural Gas (CNG) project are two initiatives that should enable increased revenue to the Company.

· Discussions with three prospective large volume grid-power customers continue for power stations to produce 150MW, 140MW and 150MW respectively with the potential to consume 78mmscf/d of gas in aggregate when operational.



Ahmet Dik, CEO said,

"Despite the suspension of the ENEO supply, I believe that the Company will actually grow stronger and create a more diverse product base in 2018 and continue to build the outstanding business we have created in Cameroon. We have developed gas reserves to meet industrial and grid power demand for large quantities of gas and power that is required by groups other than ENEO.



GDC is the only onshore gas producer in Cameroon; management estimates that with Logbaba and Matanda, GDC has recoverable gas resources of at least 1.5 TCF. Our 50km of gas pipeline and support infrastructure is delivering gas to over 30 customer sites.

We are actively working on non-grid solutions such as customer gas to power units and CNG supply for customers who are away from our pipeline but want gas. In parallel with this we are in discussions with large gas volume consumers and independent power producers who are developing large power stations with potential consumption of approximately 78mmscf/d of gas when operational in 2020."

More via link below:

http://www.moneyam.com/action/news/showArticle?id=5983559

Nothing in the results to get excited about hence down today.
looking like a long recovery story.

WOODIE, just to clarify that was the Q1 2018 Operations and Outlook the actual Preliminary Results for the year ending 31 December 2017 will be published by the end of this month.

If they don't get the ENEO contract renewed and or increase the thermal customers side then yes it will be a long haul!

There is also the ability for companies to go down the gas to power via generators route along with offering CNG to customers away from the gas distribution system but nothing has really happened there, yet!

Translated via google

Victoria Oil & Gas wants to produce compressed natural gas in Cameroon before the end of the year
Thursday, May 24, 2018



(Invest in Cameroon) - In Cameroon, the British junior Victoria Oil and Gas (VOG) is planning to develop a unit of production of compressed natural gas (CNG) before the end of the year, reports Natural Gas World .

The information was given in London on May 3 by Kevin Foo (pictured), the company's executive chairman, at the Africa E & P Summit conference.

"We are going to work very hard to have a CNG pilot project by the end of 2018." , he said, before adding that this project is intended to meet the demand of a truck and other fleet market. who wish to do without diesel. He went on to explain that the projected capacity of the project is 2 million cubic feet of CNG per day.

Mr. Foo pointed out that there is a cumulative gas demand of around 200 million cubic feet per day within 200 to 300 km of VOG's operations, which is reason enough to introduce CNG into the market. .

Natural gas is compressed at 200 or 250 bar. One liter of diesel equals five liters of CNG.

https://www.investiraucameroun.com/commodities/2405-10822-victoria-oil-gas-veut-produire-du-gaz-naturel-comprime-au-cameroun-avant-la-fin-de-l-annee

Translated via google

In the first quarter of 2018, gas sales by local producer Victoria Oil and Gas fell sharply
Friday, May 25, 2018



(Invest in Cameroon) - In a financial update of its activities in Cameroon, published on Thursday, British junior Victoria Oil and Gas announced that its gas sales fell in the first quarter due to the suspension of the supply of power stations. Eneo Thermal, the country's leading electricity supplier.

The raw gas sold in the first three months of the year was 330 million cubic feet, down 54% from the fourth quarter of 2017 and 71% from the first quarter of 2017. At the same time , average daily gas production was 3.5 million cubic feet per day compared to 7.94 million cubic feet in the fourth quarter of 2017 and 14 million cubic feet in the first quarter of the same year.

As for income, they have considerably faded. The document indicates that net revenues were $ 2.5 million, compared with $ 4.4 million in the last quarter of 2017 and $ 8.1 million in the first quarter of 2017.

The financial situation of the company could worsen if Eneo does not restart its off-takes of gas before July 1. In the event that Eneo gets back on track before that date, production targets for the end of the year will be 11.3 million cubic feet per day. Otherwise, they will be 8 million cubic feet per day.

In order to diversify its customer base, the company plans to produce compressed natural gas in the country before the end of the year and to connect with other electricity producers using natural gas.

https://www.investiraucameroun.com/communication/2505-10827-au-premier-trimestre-de-2018-les-ventes-de-gaz-du-producteur-local-victoria-oil-and-gas-ont-fortement-chute

General Cameroon electric sector news, translated via google:

Philemon Yang expects a detailed timetable on the operationalization of the National Electricity Transmission Company
01 June 2018



(Invest in Cameroon) - The Cameroonian Prime Minister, Philémon Yang (photo) wants to see clearly in the deployment of the National Electricity Company expected to go into operation during this month of June. Thus, the head of government asked the Minister in charge of Energy, Gaston Eloundou Essomba, to " submit a precise and detailed timetable on the operationalization of Sonatrel ." It was during the Cabinet meeting held on May 31 in Yaoundé.

While waiting for this calendar, the Minister in charge of Energy has nevertheless indicated that, since the creation of this company in 2015, several activities have already been carried out with a view to its full operationalization, namely the signature between the State and the Sonatrel of two transport concession contracts and network management. In addition, feasibility studies have been launched, with a view to making investments in the electricity transmission network.

As a perspective, the Minister in charge of Energy has announced the finalization in 2019 of the master plan for the production, transmission and distribution of electricity and the continuation of the ongoing reforms, the objective being the creation of 'a real electricity market.

With regard to the program for upgrading public electricity transmission networks for the period from 2016 to 2022, Cameroon intends to invest the plump sum of CFAF 800 billion, in particular with the help of the World Bank.

https://www.investiraucameroun.com/electricite/0106-10869-philemon-yang-attend-un-calendrier-detaille-sur-l-operationnalisation-de-la-societe-nationale-de-transport-d-electricite

4 June 2018
Victoria Oil & Gas Plc

Logbaba Field Reserves Update

Victoria Oil & Gas Plc, the Cameroon based gas and condensate producer and distributor, is pleased to provide the following update, based on internal estimates, on the reserves position for the Logbaba Field in Cameroon. This follows evaluation of the results obtained from seismic reprocessing, incorporation of the production history from existing wells and completion of the 2017 development drilling campaign to deliver Logbaba La-107 and La-108.

Highlights

· Subsurface reinterpretation complete and new subsurface model developed integrating re-processed seismic and new well data with historic field mapping

· Proved reserves (1P) defined by connected volumes to all the wells drilled into Logbaba revised to 69bcf, an increase of 29bcf (73%)

· Field remaining 2P reserves revised to 309bcf, an increase of 106bcf (52%)

· Reserves / production ratio (2P) increased to 10yrs at 90mmscfd which supports growth in the Douala market and will underpin new long-term gas contracts

· Full field reservoir development plan in preparation to locate future development wells


Kevin Foo, VOG Chairman said, "The results of this reserves update are a major advance to our business in Cameroon. They provide a significant value upgrade to the Logbaba Project and confirm that the field reserves will meet the growing demand in the Douala market for the foreseeable future. Importantly, this will now enable us to market larger volumes of natural gas on a longer term contractual basis to buyers, providing them with the security of supply they require. We are actively negotiating Gas Sales Agreements for these projects and we will provide updates when appropriate."



A full subsurface reinterpretation of the Logbaba Field has been completed following conclusion of the 2017 drilling campaign. This incorporates the reprocessed historic seismic data and the new well data as a basis for ongoing reservoir development. This leads to a material upgrade in the reserves of the Logbaba Field, Table 1. (via link at BOP)

The new proven + probable (2P) reserves level will support a production rate of 90mmscfd for 10 years; thereby enabling significant expansion of the business in support of the growing domestic gas market in Cameroon.



This evaluation supersedes the Blackwatch Report of August 2016 and is based on a new full field subsurface model incorporating interpretations from the reprocessed seismic together with the well data from La-107 and La-108. The work has been managed by VOG supported by external consultants who have provided subsurface expertise and modelling capability to produce the updated development plan for the field. This work will now enable selection of locations for future development wells, commencing with La-109, to continue development of the Logbaba Field in line with demand growth in Douala, Cameroon.



Sam Metcalfe, the Company's Subsurface Manager has reviewed and approved the technical information contained in this announcement in his capacity as a qualified person under the AIM Rules.

http://www.moneyam.com/action/news/showArticle?id=5995538

4 June 2018
Victoria Oil & Gas Plc

Notice of Annual General Meeting

Victoria Oil & Gas Plc announces that its Annual General Meeting ("AGM") will be held on 28 June 2018 at the Coin Street Neighbourhood Centre, South Bank Room 1, 108 Stamford Street, South Bank, London SE1 9NH at 11.00am.


The following documents are now available on its website at www.victoriaoilandgas.com/agm :


· Shareholder Circular including the Notice of Annual General Meeting

· Proxy Form



Copies of the above-mentioned documents have been posted to the Company's shareholders as per individual request.



The Company expects to publish and circulate the 2017 Annual Report and Accounts to shareholders before the AGM and a separate General Meeting will be convened as soon as possible to consider these. Further details of the proposed General Meeting shall be provided in due course.

The Company's shareholders can elect to receive notification by email of the publication of future annual reports by registering on www.investorcentre.co.uk.

http://www.moneyam.com/action/news/showArticle?id=5995582

Translated via google:

The State of Cameroon will devote the withdrawal of the transmission of electricity to Eneo, a subsidiary of Actis, no later than 31 December 2018
Monday, 04 June 2018



(Invest in Cameroon) - The State of Cameroon will devote the withdrawal of the transmission of electricity to Eneo, a subsidiary of Actis, no later than December 31, 2018. This is revealed by authorized sources in the Ministry of Finance. Water and Energy (Minee). Le Minee explains that, for this to be definitively enshrined, the State and the electrician will have to sign a third and final agreement in the field of transport, by the end of the year.

Thus, the National Electricity Transmission Company (Sonatrel), created in 2015, will be operational on January 1, 2019. This partially meets the request of the Prime Minister, Philemon Yang, who called for a detailed timetable for the operationalization of the Sonatrel, at the cabinet meeting held May 31, in Yaoundé. In its phase of effective activity, Sonatrel will finalize the master plan for production, transport and distribution by June 2019.

As a reminder, the Cameroonian subsidiary Actis, in charge of the distribution and transmission of electricity, has given the last part of its powers to Sonatrel. Since 27 April 2018, two concession contracts for the transmission and management of the electricity transmission network have been signed between the State of Cameroon and the Public Company. The latter will even inherit part of Eneo's staff.

https://www.investiraucameroun.com/electricite/0406-10881-l-etat-du-cameroun-va-consacrer-le-retrait-du-transport-d-electricite-a-eneo-filiale-d-actis-au-plus-tard-le-31-decembre-2018

Malcy was busy yesterday but remember it's just his opinion and he may or may not have a financial interest but interesting all the same:

Victoria Oil & Gas

VOG has announced a Logbaba field reserves update of significant proportions. 1P reserves of 69 bcf is an increase of 29 bcf or 73%, field remaining 2P reserves are up to 309 bcf up 106 bcf or 52% and the reserves/production ratio is now 10 years at 90 mmscfd which supports growth in the Douala market as well as new long term gas contracts. This security of supply to long term buyers of gas will enable VOG to enter contractual negotiations with companies and generators safe in the knowledge that they will be able to deliver.

Whilst it has a been a difficult year following the ENEO problem VOG are getting themselves into a very strong position in Douala. Businesses, more eager than ever to have a reliable, long term contractual supply of gas will like this news and competitive power generators will thrive also. VOG is likely to end up with a bigger, stronger and higher margin business extremely well placed to satisfy the inevitable growing needs of Cameroon.

http://www.proactiveinvestors.co.uk/columns/the-pay-zone/29769/oil-price-sound-energy-vog-sdx-reabold-pantheon-chariot-and-finally-29769.html


And on VOX podcast from 32:05

https://www.voxmarkets.co.uk/blogs/union-jack-oil-ujo-alpha-growth-algw-emmerson-eml-macly-rrl-eme-coro-hur-ophr-sou-panr-vog-echo/

Infrastructure growth around Douala, translated via google:

To constitute the capital of the SMID, the delegate of the government with the Urban Community of Douala makes a nod to the tontines, which brew close to 90 billion FCFA
Tuesday, 05 June 2018



(Invest in Cameroon) - Fritz Ntonè Ntonè (photo), the Cameroonian government delegate to the Douala Urban Community (CUD), the super-mayor of the Cameroonian economic capital, revealed on June 4, 2018, the geography of capital of the future Metropolitan Investment Company of Douala (SMID), for which the share capital of 10 billion CFA francs, is being set up, through a public offering, whose subscription period has been extended as of July 5, 2018.

According to Mr. Ntonè Ntonè, in the forecasts of the CUD, which is behind the creation of this investment company, which will implement the master plan of urban planning of the economic capital of Cameroon, adopted in 2015, the SMID will be 33% controlled by state bodies (decentralized local authorities and public or semi-public companies), while 67% of the capital will be held by private operators.

The government delegate to the CUD also specifies that of the 67% that will devolve to private, 47% will return to natural persons, against only 20% for legal persons.

To create this company, which will transform the city of Douala, Mr. Ntonè Ntonè said rely on the contribution of the 3 million inhabitants of the economic capital of Cameroon. But the latter makes a particular eye tontines, family reunions, corporate or friendly in which circulate about 90 billion CFA francs, according to a study of the Ministry of Finance.

As a reminder, the SMID aims to raise a total volume of financing of 1 400 billion CFA francs, for the construction of infrastructure such as the multimodal bus station Bonabéri (1.9 billion FCfa), the Urban Forest located in the valley of Bessékè (2.29 billion), the Douala Exhibition Center (8.5 billion), modern markets, the Douala conference center, etc.

https://www.investiraucameroun.com/finance/0506-10888-pour-constituer-le-capital-de-la-smid-le-delegue-du-gouvernement-aupres-de-la-communaute-urbaine-de-douala-fait-un-clin-d-il-aux-tontines-qui-brassent-pres-de-90-milliards-fcfa

VOG-Project of the Year award

The Africa Assembly held in Paris over two days (started yesterday) VOG have won the 'Project of the Year' award.

"The Africa Assembly is recognised as the region’s most influential corporate development, strategy, finance and investment gathering. It is a catalyst for the growth and development of the African energy industry.

The Oil and Gas Council have announced the theme for the Africa Assembly 2018, ‘The New African Horizon’."


At the event Kevin Foo was one of the speakers:
http://oilandgascouncil.com/event-events/africa-assembly-and-dinner/

The Council Awards programme represents a global benchmark of excellence for those working in the energy industry.
The awards offer both regional and international recognition for those who have created companies, been at the heart of frontier plays and have made some of the worlds largest discoveries.

These people and their businesses have grown economies, created employment and encouraged thousands.
http://oilandgascouncil.com/event-events/africa-assembly-and-dinner/

And on twitter:
https://twitter.com/victoriaoilgas

Translated via google

The State of Cameroon pronounces partial provisional acceptance of the second bridge over the Wouri built by Frenchman Sogea Satom
Thursday, 07 June 2018




(Invest in Cameroon) - The statutory members of the commission concerning work on the second bridge over the Wouri initialed, on May 31, in Douala, the report of partial provisional acceptance of the work entrusted to the French company Sogea Satom. The commission was chaired by the Minister of Public Works, Emmanuel Nganou Djoumessi.

According to authorized sources, this partial provisional reception concerns, among others, the current section on the side of Bonabéri, the access to the old national road n ° 3 at the level of the old bridge Bonabéri side to the roundabout of Bonassama, the kilometer point railway platform (Cami bridge), the superstructures of the old bridge, the road viaduct from the CO abutment to the C8 abutment, including superstructures and equipment, etc.

Nevertheless, the partial provisional acceptance of the said works was pronounced with some reservations such as, " the questions of sealing of the effluent evacuation system of the joint Guard ballast of the railway viaduct or the access to the bearings on the piles in the river, "says the Department of Public Works. Overall, indicates the ministerial department, the overall physical progress of the works is estimated at 93%.

With a total cost of CFAF 141.6 billion, the second Wouri bridge consists of a 756 m long road viaduct and a 746 m railway viaduct. It is a strategic work because it will streamline traffic from Bonabéri, a district that houses an industrial zone, and downtown Douala; and even between the economic capital and the regions of North-West, South-West and West of Cameroon.

https://www.investiraucameroun.com/infrastructures/0706-10902-letat-du-cameroun-prononce-la-reception-provisoire-partielle-du-second-pont-sur-le-wouri-construit-par-le-francais-sogea-satom

Translated via google, and possible wrong meaning for 'décline'

The Ministry of Energy declines Cameroon's regional ambitions in the electricity sector in 2018
Friday, 08 June 2018



(Invest in Cameroon) - The ministry in charge of Energy (Minee) declines in a note that it has just produced the regional ambitions of Cameroon, in the electricity sector in 2018.

The first ambition of the country, according to the explanations of the Minee, is to contribute to sub-regional integration through the Central African Power Pool (PEAC), a statutory body of CEMAC that promotes electrical integration. This integration requires the harmonization of the electricity market.

Cameroon's second ambition is to pursue the implementation of integrating projects such as the Cameroon-Chad Interconnection Project. In this vein, the African Development Bank (ADB) has just granted the Cameroonian state a loan of more than 100 billion FCFA.

As a third wish, the Minee announces the joint signature with Nigeria of the decision to create the Inter-State Steering Committee, charged with the implementation of the Cameroon-Nigeria Electric Interconnection Framework Agreement. The head of state, Paul Biya, has already given full powers to the Minister of Energy to proceed with the signing, reveals the Minee.

The penultimate ambition of the country is to finalize the framework agreement of electrical interconnection Cameroon-Gabon-Equatorial Guinea. Finally, there is the further maturation of the Cameroon-Congo (Chollet), Cameroon-CAR (at Garoua-Boulaï) and Cameroon-Congo-RCA electrical interconnection projects.

https://www.investiraucameroun.com/electricite/0806-10913-le-ministere-en-charge-de-l-energie-decline-les-ambitions-regionales-du-cameroun-dans-le-secteur-de-l-electricite-en-2018

Good news issued this morning by the company.