Tag: Gabon

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VAALCO Announces Binding Letter of Intent for FSO at Etame Marin Field Offshore Gabon

VAALCO Gabon has signed a binding letter of intent (‘LOI') with World Carrier Offshore Services Corp to provide and operate a Floating Storage and Offloading (‘FSO') unit at VAALCO's Etame...
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Asia and Pacific are the Major Destinations for Gabonese Crude in 2021

According to an economic outlook published by the Gabonese Ministry of Economy, as of the end of March 2021, “Asia & Pacific remains the main destination for Gabonese crudes with...
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CNOOC Seeks Investors to Drill Oil Wells in Gabon and Senegal

After acquiring Shell's final properties in Gabon in 2019, China National Offshore Oil Corporation (CNOOC), China's third-largest national oil corporation after CNPC and China Petrochemical Corporation, announced its intention to...
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Victoria Oil & Gas Provides Matanda Update in Cameroon | Gabon Provides Licensing Round Update

Victoria Oil and Gas Raises $7.5m for Matanda Drilling in Cameroon Cameroon based gas and condensate producer and distributor, Victoria Oil & Gas, has entered into a definitive financing agreement...
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VAALCO Energy Hires Jack-Up XIV for Drilling Campaign in Gabon in 2021/2022

VAALCO Energy has announced that it has signed a contract with Borr Jack-Up XIV Inc., a Borr Drilling affiliate, to drill two development wells and two appraisal wellbores, with the...
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Vaalco to Continue with Acquisition of Sasol’s Interest in Gabon

VAALCO Energy will go ahead with its previously announced acquisition of the working interest of Sasol in the Etame Marin block, offshore Gabon, as no other partner exercised their pre-emptive...
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VAALCO Announces 3D Seismic Data Acquisition Offshore Gabon

VAALCO Energy has announced the completion of the acquisition of nearly 1,000 square kilometres of new dual-azimuth proprietary 3-D seismic data over the entire Etame Marin block offshore Gabon, which...
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Sasol and VAALCO Sign SPA for Etame Marine Block offshore Gabon

Sasol Gabon S.A. (Sasol) and VAALCO Gabon S.A. (VAALCO) have signed a Sale and Purchase Agreement (SPA) that will allow VAALCO acquire the 27.8% working interest of Sasol in the...
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Olam Palm to Construct Biofuel Plant in Gabon

Olam Palm shall set up its plant to produce biofuel from palm oil in the southern zone of Libreville in Gabon. The five hectares site was specifically chosen because of...
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Panoro Publishes Q3 Report Highlighting Activities in Gabon, Tunisia and Nigeria

Panoro Energy has published its financial results and operational updates for Gabon and Tunisia for Q3 2020. The total revenue for the period under review is $7.59 million. The release...
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