Club100// AUTHORISATIONS IN THE UPSTREAM PETROLEUM ACTIVITIES IN CAMEROON.
Hello dear friends, hope we are all waxing strong.
So I was doing some research in the Oil and gas industry in Cameroon for a research proposal, and it occured to me that I could share this educative content here.
Ok so;
The upstream segment of the oil and gas industry contains exploration activities, which include creating geological surveys and obtaining land rights, and production activities, which include onshore and offshore drilling.
The LAW No 2019/008 of 25 April 2019 to institute the Petroleum Code lays down the rules governing upstream petroleum activities in Cameroon.
Today, we shall be looking at the various upstream authorizations needed to carry out upstream petroleum activities in Cameroon.
They exist 05(five)upstream petroleum authorizations which are;
-Prospection authorization
-Exploration authorization
-Provisional exploitation authorization
-Exploitation authorization
-Domestic transportation authorization
Prospection Authorization
This permit can be granted to natural or legal persons, it is a permit that grants its holders the non-exclusive right to carry out preliminary prospecting within a specified area. There shall not constitute a hydrocarbon mining title and shall not be transferable or assignable.
Several prospecting authorizations may be granted concurrently for the same area.
Exploration Authorization
There can either be hydrocarbon exploration permits or exclusive exploration authorization permits depending on the contracts attached to them.
Exploration authorization shall confer on their holders the exclusive right to carry out at their risk and expense, hydrocarbon prospecting and exploration within the limit of the relevant area, except as may be otherwise provided for in the petroleum contract.
Generally, it can be renewed twice each renewal having a maximum period of 2 years all in all the permit plus renewal can not exceed 07(seven)years or 09(nine)years in the scenario of authorization in a special petroleum operation zone. The authorization and its renewals are granted by Presidential decree, it is presumed granted once a petroleum contract is signed.
Provisional Exploitation Permit
During the validity period of an exploration authorization, the holder may apply for a provisional exploitation authorization which shall be granted by decree of the President of the Republic of Cameroon. the grant of a Provisional authorization shall allow the exploration authorization to subsist but shall not prolong its validity periods.
The provisional exploitation authorization shall confer on its holder the right to carry out prolonged production tests and/or operate productive wells on a provisional basis for a maximum period of 02(two)years.
That's its guys... I do hope you picked up one or two things from here.
Have an excellent week ahead.....