Gabon has extended several licences of Africa-focused independent oil and gas firm, Tullow Oil Plc, to the year 2046.
Tullow Oil PLC – oil and gas producer in Ghana, Gabon and Ivory Coast – Gains approval from the Gabon government for the extension of several of its licences in the west African country to 2046
With its economic indicators showing clear signs of recovery, and the current Parti Démocratique Gabonais (PDG) set to retain power after this year’s elections, Gabon’s economic plans are moving ahead at full speed.
Following years of anticipation, Oslo-listed E&P company BW Energy drilled the first of several wells last Monday that will constitute Phase 1 of its Hibiscus/Ruche development at its offshore Dussafu asset in Gabon.