Gabon Archives - Page 2 of 3

19th November 2020

VAALCO Acquires Sasol’s Interest in Etame Marin Block Offshore Gabon

VAALCO Energy has inked a Sale and Purchase Agreement (SPA) to acquire the 27.8% working interest of Sasol in the Etame Marin block offshore Gabon. The acquisition will add to...

11th November 2020

Vaalco Energy Publishes Q3 Report for Gabon

Vaalco Energy has published its third-quarter report for 2020 which showed the company achieved strong production performance in Gabon despite the OPEC+ agreements. It completed its operational campaign and conducted...

22nd October 2020

Assala Energy Invests $24 million on New Infrastructure for Gamba Southern Export Terminal, Gabon

Assala Energy has announced it will invest $24 million to modernise Gabon's Gamba export infrastructure in the south of the country. The Gamba export channel is critical to the economy...

19th October 2020

Oil Production in Gabon to Drop by 10,000 bpd in 2021

Gabon oil production in 2021 is to drop by over 10,000 barrels per day, according to the country's budget bill that is currently under review. The drop is credited to...

2nd October 2020

GABON: VAALCO Energy Announces new 3D Seismic Data in Etame Marin Block

VAALCO Energy Inc. announced that its plans for future drilling programs at the Etame Marin block offshore Gabon. It announced that it will begin acquiring and processing new three-dimensional (3-D)...

26th September 2020

Gabon Oil Production Appreciates by 3% in H1 2020

In the conjuncture report published by the General Directorate of Economy and Fiscal Policy in Gabon for H1 2020, the country produced 41 million barrels of oil, a 3% appreciation....

21st September 2020

Gabon Encourages Japanese Companies to Participate in Call for Tenders for Oil Blocks

The Ministry of Oil, Gas and Mines, Gabon, have expressed its wish to have Japanese investors participate in its ongoing call for tender for 35 maritime oil blocks in the...

14th September 2020

OPEC Celebrates 60th Anniversary

On the 14th of September 1960 in Al-Shaab Hall in Baghdad, the Organisation of Petroleum Exporting Countries was birthed. The five founding fathers were Juan Pablo Pérez Alfonzo of Venezuela;...

12th September 2020

Equatorial Guinea to evaluate existing data on historic NDOTE-1 well

The Minister of Mines and Hydrocarbons Equatorial Guinea, His Excellency Gabriel Obiang Lima visited the first oil well ever to be drilled onshore in Equatorial Guinea; the NDOTE-1 in the...

20th August 2020

Gabonese Government Cancels Sogara Refinery and GOC Merger

The Government of Gabon has reportedly ended the merger project between the Gabonese Refining company (Sogara) and the National Hydrocarbons Company, the Gabon Oil Company (GOC). The decision of a...