U.S. oil company Murphy Oil Corporation signed four production-sharing contracts (PSCs) with Cameroon on November 11, 2026, in Yaoundé, covering the Etinde Exploration, Tilapia, Elombo and Ntem offshore blocks in the Douala/Kribi-Campo Basin. Together, the blocks span 10,578.13 square kilometers. The associated exploration program is valued at an estimated $202.4 million (CFA113.3 billion), but nearly 99% […]