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Murphy Oil obtains offshore exploration blocks in Mauritania and signs four oil contracts in Cameroon.
3 articles from 3 November to 13 November 2026 · 🇨🇲 Cameroon, 🇲🇷 Mauritania
US oil and gas group Murphy plans to invest 112 billion CFA francs in four oil and gas blocks in Cameroon (Etinde, Tilapia, Elombo and Ntem), as Washington negotiates with Russia to buy Lukoil’s stake in Etinde. The move comes amid Sino-US rivalry over African energy resources, according to Camer.be.
Source: Camer.be
US oil and gas group Murphy plans to invest 112 billion CFA francs in four oil and gas blocks in Cameroon (Etinde, Tilapia, Elombo and Ntem), as Washington negotiates with Russia to buy Lukoil’s stake in Etinde. The move comes amid Sino-US rivalry over African energy resources, according to Camer.be.
🇨🇲 Cameroon · 08:21
Murphy Oil Corporation signed four production-sharing contracts with the Cameroonian state for the Etinde Exploration, Tilapia, Elombo and Ntem blocks, covering 10,578.13 sq km in the Douala/Kribi-Campo basin. Exploration investment is estimated at $202.4 million, about 113.3 billion CFA francs, nearly 99% of which depends on drilling linked to extensions of the authorisations, according to Investir au Cameroun.
🇨🇲 Cameroon · 14:13
Mauritania has signed two exploration and production contracts with the American company Murphy Oil Corporation for the offshore blocks C10 and Tiof, in its coastal basin. The company will hold 90% of both perimeters and be their operator, with the Mauritanian Hydrocarbons Company keeping 10%, according to Maghreb Emergent.
🇲🇷 Mauritania · 21:37
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