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BowLeven Shares Drop as Cameroon JV Partner Affected by Russia Sanctions

Alex Lowe by Alex Lowe
March 30, 2022
in Oil Price Today
0

Home » BowLeven Shares Drop as Cameroon JV Partner Affected by Russia Sanctions

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By Kyle Morris

Shares in BowLeven PLC traded down 17% on Wednesday after the company said that the development of the Etinde project offshore Cameroon has been affected by the Ukraine crisis as joint venture partner Lukoil PJSC has been hit by the recent sanctions placed on Russia.

Shares at 0724 GMT were down 0.60 pence at 3.00 pence.

…

(…)

______________________________________________________

You can read this complete story at: https://www.marketwatch.com/story/bowleven-shares-drop-as-cameroon-jv-partner-affected-by-russia-sanctions-271648625999

Alex Lowe

Alex Lowe

Alex is a financial writer covering forex. He is a expert financial journalist whose credits include Bloomberg, FT of London, Chicago Tribune. Contact: [email protected]

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