Exxon stages exit from Ghana and its Chad/Cameroon play

Issue 440 - 10 Jun 2021

ExxonMobil Corporation has relinquished its interest in Ghana’s Deepwater Cape Three Points (DWCTP) Block – until recently seen as highly promising offshore acreage, on-trend with the US major’s big Atlantic play in Guyana – and entered talks to sell its upstream and midstream assets in Chad and Cameroon, where more than a decade ago development of the Chad-Cameroon export pipeline was a major issue in development policy circles.

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