Gabon has outlined proposed fiscal and regulatory reforms aimed at attracting investment in deepwater and ultra-deepwater oil and gas projects, with Wood Mackenzie recommending changes to improve investor returns and accelerate project development. The proposals were presented during the Invest in Gabon Energies Investor Breakfast at African Energy Week (AEW) 2026 in Cape Town. David […]
International oil company ReconAfrica plans to drill a second exploration well in Gabon by the fourth quarter of 2027. The company is advancing seismic reprocessing and exploration planning across its 1,214km² Ngulu offshore block in central Gabon, where the company plans to assess the Loba oil discovery and identify additional drilling targets. Brian Reinsborough, CEO, […]
Gabon has signed an agreement protocol with Nigerian energy infrastructure company Oilserv, to develop and commercialise hydrocarbon reserves in Gabon’s DEF-3 and D4-5 blocks. The agreement also covers gas transportation, compression, and treatment infrastructure, intended to support thermal power generation and industrial activity in the country.
Capstone Energy+ has signed a 36-month lease agreement with Maurel & Prom to supply a C600 Signature Series microturbine for a flare gas recovery project at the operator’s onshore oilfield in Gabon.
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.