Yann Pierre YANGARI, founder and CEO of Flamboyans Services, talks to The Energy Year about regulatory reforms that are bringing upstream investors to Gabon and the crucial role gas-to-power can play in Africa’s infrastructure development.
BW Energy has reached positive FIDs for two projects offshore Brazil and Gabon and raised its 2028 production target, the company announced on Wednesday. The decisions cover the Bourdon Phase 1 development in the Dussafu licence offshore Gabon and a new campaign of infill wells in the Golfinho licence offshore Brazil. Based on estimates of […]
BW Energy has approved offshore development projects in Gabon and Brazil that are expected to increase company production above 100,000 bopd by 2028.
Oil and gas minister Clotaire Kondja said on Wednesday that Gabon plans to sign production sharing contracts with ExxonMobil and BP within the next six months, Reuters reports. ExxonMobil declined to comment to Reuters on the minister’s stated timeline, and BP did not respond immediately to a request for comment. Both companies have signed preliminary exploration agreements covering offshore acreage in […]
Trafigura has signed a USD 1-billion oil prepayment agreement with Gabon in exchange for exclusive crude oil offtake for a period of seven years, the company announced on Wednesday.
Assala Gabon has achieved first oil at the Grand N’Gongui (GNG) field, marking a key milestone in the development of onshore resources in Gabon.
Gabon Oil Company (GOC) is emerging as a key growth engine in Central Africa’s hydrocarbons scene. Through strategic acquisitions, disciplined operations and a renewed exploration drive, the national oil company is positioning itself as both a production stabiliser and a catalyst for future energy expansion.
Tullow Oil plc (Tullow) is pleased to announce that it has successfully completed the sale of its assets in Gabon to the Gabon Oil Company (GOC) following satisfaction of all conditions precedent under the Sale and Purchase Agreement (SPA), with the full proceeds now received by Tullow.
Minister Nguema’s participation at AEW: Invest in African Energies 2025 will serve to advance the country’s oil and gas industry goals. During the event, he is expected to share insights into the country’s exploration and production landscape, highlighting upcoming investment opportunities and areas of collaboration. Through his participation, operators will gain first-hand insight into the country’s oil and gas sector.
The Tullow assets are set to produce around 10,000 barrels of oil a day this year, the company said, adding that it will use the funds to reduce its debt profile. The company has been setting up deals to sell assets and bring down debt ahead of $1.39 billion in maturities next year.