Search results for: Gabon

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  • 28 April 2020
    Authorities & Government, Business & Finance, Business developments & projects, Market outlooks, Outlook & strategy, Regulation & policy

    The International Monetary Fund (IMF) and the Government of Gabon have reached an agreement for a $147 million facility to help the country address the challenges that have arisen due to the global COVID-19 pandemic and oil price crash.

  • 6 July 2007

    Total announces that Total Gabon and the Republic of Gabon have signed an agreement to renew for 25 years the convention of establishment, which expired on June 30, 2007. The convention of establishment defines, among other things, the legal and tax system governing Total Gabon’s concessions, operating licenses and crude transportation installations. It covers 17 […]

  • 27 February 2017
    Business & Finance

    French oil company Total has signed an agreement for the sale of stakes and the transfer of operatorship in various mature assets in Gabon to Perenco.  According to Total’s statement on Monday, this agreement includes the sale of the group’s 100%-owned affiliate Total Participations Petrolières Gabon, which holds interests in 10 fields. In addition, Total […]

  • 18 August 2014
    Business & Finance

    Eni’s CEO also informed the President of Gabon that preliminary studies to determine the commercial development of the gas in both the domestic and export markets are underway.

  • 5 March 2018

    Malaysian oil and gas company Petronas has made an oil and gas discovery at its Boudji-1 exploration well in Block F14 (Likuale), located in South Gabon.

  • 11 August 2014

    Marathon Oil Corporation, a Houston-based oil and gas company, has signed an exploration and production sharing contract (EPSC) for Gabon offshore Block G13, which was named Tchicuate upon signing, located in the deepwater, pre-salt play. The Company was the high-bidder on the block in Gabon’s licensing round in October 2013. “We’re pleased to finalize the EPSC […]

  • 24 June 2012
    Business & Finance

    Marathon Oil Corporation has entered into a farmout agreement with Total Gabon for a 21.25 percent working (25 percent paying) interest in the Diaba License G4-223 and its related permit in Gabon with an effective date of June 15, 2012. The companies expect to close the transaction, subject to completion of the necessary Gabonese government […]

  • 21 January 2019
    Operations & Maintenance

    CGG has decided to extend its Gabon multi-client data footprint with a 9,800-km long-offset 2D seismic survey in an unexplored deepwater area of the South Basin. A subset of the data over the offered license blocks will be available in advance of Gabon’s 12th offshore licensing round planned for June 2019. The new 2D data will […]

  • 23 April 2013
    Business & Finance

    A welcoming ceremony was held for two newbuild vessels SL Gabon and SL Libreville at Port‐Gentil, Gabon on 17 April. Among those attending the ceremony were the Minister Delegate of Transport Mr Emmanuel Jean Didier Biye, the Governor of the Ogooué Maritime Province Mr Martin Boguikouma, the Prefect of the Bendjè Department Mr Joseph Mouele, […]

  • 23 April 2013

    A welcoming ceremony was held for two newbuild vessels SL Gabon and SL Libreville at Port‐Gentil, Gabon on 17 April. Among those attending the ceremony were the Minister Delegate of Transport Mr Emmanuel Jean Didier Biye, the Governor of the Ogooué Maritime Province Mr Martin Boguikouma, the Prefect of the Bendjè Department Mr Joseph Mouele, […]

  • 22 March 2016
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Gabon has extended bid submission deadline for participation in the new 11th licensing round which will focus on five blocks covering the country’s deep water acreage in the South Gabon Salt Basin.  The round was formally opened on October 27, 2015 by Minister for Petroleum, Etienne Dieudonné Ngoubou at the 22nd Africa Oil Week conference in […]

  • 30 October 2013

    Eleven oil companies have been awarded blocks in Gabon as part of the West African country’s licencing round. According to Reuters, the government has granted 13 blocks.  Once the third largest oil producer in Sub-Saharan Africa, the country is hoping to improve the declining oil output, as large oil fields have matured. According to Reuters, the […]

  • 18 August 2014

    The President of Gabon, Ali Bongo Ondimba, and Eni’s Chief Executive Officer, Claudio Descalzi, met in Libreville. The topic of the meeting was the important gas and condensates discovery that Eni has recently made in the Nyonie Deep exploration prospect, in the pre-salt Gabon’s offshore. In this occasion Claudio Descalzi outlined to the President Bongo […]

  • 11 August 2014
    Business & Finance, Project & Tenders, Research & Development

    Marathon Oil Corporation, through its wholly owned subsidiary Marathon Oil Exploration Limited, has announced it has signed an exploration and production sharing contract (EPSC) for Gabon offshore Block G13, which was named Tchicuate upon signing, located in the deepwater, pre-salt play. The Company was the high-bidder on the block in Gabon’s licensing round in October […]

  • 10 April 2019
    Business & Finance, Equipment, Operations & Maintenance

    CGG has completed acquisition of a 9,800 km long-offset broadband 2D multi-client seismic survey in Gabon South Basin. Fast-track data sets will be delivered in batches from the end of April, giving interested oil companies sufficient time to understand offshore petroleum systems and appraise blocks offered in Gabon’s 12th offshore licensing round planned for September […]

  • 15 August 2014
    Business & Finance, Project & Tenders

    PETRONAS, via its wholly owned subsidiary PETRONAS Carigali International E&P B.V., has signed a Production Sharing Contract (PSC) for Block F14 with the Republic of Gabon. The offshore block is located in southern Gabon and measures an approximate 2,500 square kilometres surface area in water depth ranging from 2,000 metres to 3,000 metres. PETRONAS will […]

  • 19 March 2019
    Project & Tenders

    BW Offshore, through its subsidiary BW Energy Gabon, has sold a ten percent interest of the Dussafu license to the Gabon Oil Company (GOC).

  • 15 August 2014
    Business & Finance

    “The signing marked an important milestone as PETRONAS is re-entering the Republic of Gabon, now focusing on the deep water pre-salt play.”

  • 22 March 2016

    Gabon has extended the bid submission deadline for the 11th Gabon Deep Water Licensing round, which was formally opened on October 27th 2015. According to information shared by the French seismic company CGG, the bids extension was announced at the 6th African Petroleum Congress & Exhibition in Abuja last week. The new deadline for bid submissions […]

  • 10 April 2017

    BW Offshore’s subsidiary BW Energy Gabon Pte. Ltd (BWEG), has completed the acquisition of a 66.67% percent stake in the Dussafu production sharing contract offshore Gabon, owned by Harvest Energia, for $32 million in cash. BWEG is owned by BW Energy Holdings Pte. Ltd. (BWEH), a joint venture company between BW Offshore (66.67%) and Maple Company Limited […]

  • 26 September 2018

    Vaalco Energy has been awarded a ten-year extension for the Etame exclusive exploitation areas through 2028 from the government of Gabon. 

  • 1 December 2016

    CGG informed that the final processed depth volumes from the 3D BroadSeis multi-client survey in the Gabon South Basin are now available for license.  As technical consultant to the Gabonese Republic’s Ministry of Petroleum and Hydrocarbons, CGG acquired the broadband seismic survey of over 25,000 km2 to support Gabon’s 11th Licensing Round. The seismic survey is […]