Savannah will own an indirect share of c.70pc in the Chad-Cameroon export pipeline system
Chad’s Doba oil changes hands
UK independent Savannah Energy expands into Chad and Cameroon, as ExxonMobil and Petronas divest
AIM-listed independent Savannah Energy is purchasing the entire upstream and midstream portfolios of both ExxonMobil and Malaysia’s Petronas in Chad and Cameroon. The two simultaneous deals mean Savannah will own 75pc of the Doba oil project and an indirect share of around 70pc in the Chad-Cameroon export pipeline system—which also includes the Kome Kribi 1 floating storage and offloading facility—effective from 1 January 2021. The remaining 25pc stake in Doba is still held by Chad’s state oil company, SHT, while the rest of the transportation system is owned by affiliates of SHT and Chad’s government, and Cameroonian NOC SNH. ExxonMobil’s and Petronas’ shares had comprised 40pc and 35pc of
Also in this section
11 February 2026
Panellists from three LNG buyers at LNG2026 in Doha outlined their evolving procurement strategies as they navigate heightened market volatility
11 February 2026
North African producer plans to boost output by early 2030, with Europe its number one priority as export destination
11 February 2026
Maritime leaders at LNG2026 warned of the dangers of over-regulation on competitiveness, sustainability and innovation
10 February 2026
The country has opened bidding on 50 blocks in a new licensing round but will face competition for attention and will need to address concerns about security and legislation
