PROVISIONAL EXPLOITATION AUTHORIZATION (PETROLEUM OPERATIONS IN CAMEROON)
During the period of validity of an exploration authorization, the holder may apply for a provisional exploitation authorization which shall be granted by decree of
The Oil and Gas industry in Cameroon is one of the key sectors of the Cameroon economy. This industry is regulated by Law No. 2019/008 of 25th April 2019 instituting the petroleum code of Cameroon, and Law No. 2012/006 of 19th April 2012 instituting the gas code of Cameroon.
Practice in this sector is quite complex and the multitude of legal and regulatory compliance involved is telling of this aspect.
This blog is aimed at providing investors, clients, and practitioners with the necessary information required to know about Oil and Gas law practice in Cameroon.
Oil and Gas law practice in Cameroon cuts across four stages to wit; the upstream, the midstream, the downstream and the oil field service stage.
Each stage has its own modus operandi when it comes to corporate registration, licensing, and regulatory compliance in Cameroon.
For a complete understanding of the Oil and Gas legal regime in Cameroon, the blogs below will provide the material required for investors in the sector.
During the period of validity of an exploration authorization, the holder may apply for a provisional exploitation authorization which shall be granted by decree of
Exploration authorizations attached to petroleum contracts shall be either hydrocarbon exploration permits, in the case of concession contracts, or exclusive exploration authorizations, in the case
Subject to the implementation of the provisions of Section 14(2) of the petroleum code, the State shall, in a production sharing contract, either directly or
Subject to the implementation of the provisions of Section 14(2) of the petroleum code, a concession contract shall be entered into prior to the grant
Subject to the implementation of the provisions of Section 14(2) of the petroleum Code, the State or a duly mandated public body shall, in a
A petroleum contract shall be concluded between the State and the applicant. It shall be negotiated on behalf of the State by a standing commission
All deposits or natural accumulations of hydrocarbons located within the soil or sub-soil of the territory of Cameroon, whether or not discovered, are and shall