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IS - Petronas and Exxon mull sale of Chad-Cameroon oil project - March 2020



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Petronas and ExxonMobil are working with advisers on a proposed sale of their stakes in the Chad-Cameroon Petroleum Development and Pipeline project that could fetch a total of more than $1 billion, Japanese wealth management firm Osaka Matsui Management said in a March 10 statement. The joint project consists of oil fields in southern Chad’s Doba Basin and a major pipeline transporting crude to a marine terminal for exportation in Cameroon. Exxon has retained......
 
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