BW Energy Gabon (BWEG), a subsidiary of BW Offshore, has fully acquired the a 66.67% stake in the Dussafu production sharing contract offshore Gabon, owned by Harvest Energia and plans to increase its interest through a deal with Panoro Energy which acquires the remaining 33.33%.

Royal Dutch Shell Plc has agreed to sell its onshore oil assets in Gabon to a unit of Carlyle Group LP for $587m. The deal is considered a further step in a $30b asset disposal program to help the Dutch company in reducing its debt.

Pura Vida Energy has reached a conditional agreement with an offshore drilling contractor which will fund a three-well drilling program in the Nkembe block, offshore Gabon.

Vaalco Energy restarted production at the Avouma 2-H well on the Avouma platform, offshore Gabon, after utilizing a hydraulic workover unit to replace a failed electric submersible pump (ESP) system.

Vaalco Energy has reported that the South Tchibala 2-H well, offshore Gabon, is back in production after experiencing issues with the electrical submersible pump system.

BW Offshore and the BW Group entered into agreement to acquire 66.67% of the Dussafu production sharing contract offshore Gabon.

France’s CGG announced that the final processed depth volumes from its recent 3D BroadSeis multi-client survey in Gabon’s South Basin are now open for license.

VAALCO Energy has finalized the acquisition of a further 3.23% participating interest in the Etame Marin Permit located offshore of the Republic of Gabon from Sojitz Etame Limited.

Royal Dutch Shell is in advanced talks with a party interested in buying its onshore operations in Gabon as part of the company's $30b divestment plan.

Gabon granted Pura Vida Energy a 12-month extension to the current exploration phase of the Nkembe production sharing contract offshore the country. The extension will run until January 2018, with no further work commitments.