The President of the Republic of Equatorial Guinea, Teodoro Obiang Nguema Mbasogo and his Cameroon counterpart, Paul Biya, have entered a bilateral treaty that boost oilfield development and regional energy security, reports ITREALMS.
This, ITREALMS gathered saw the two West African countries cooperate on cross-border oil and gas development and monetization.The agreement was signed during the heads of state summit of the Economic and Monetary Community of Central Africa (CEMAC) countries held in Cameroon last week and is set to bring with it new opportunities for oilfield development and regional energy security.