Equatorial Guinea/Cameroon: Joint development agreed for Yoyo/Yolanda

The governments of Equatorial Guinea (EG) and Cameroon signed a memorandum of understanding (MoU) on 10 July paving the way for joint development of Noble Energy’s Yolanda discovery in EG Block I and Yoyo discovery offshore Cameroon. The company told African Energy the MoU stated that the two discoveries were in a contiguous reservoir that would be jointly developed as the Yoyo-Yolanda condensate gas field and operated by Noble Energy.“The MoU signifies a commitment from both countries to work together to develop the Yoyo-Yolanda condensate gas field,” Noble said.