Gabon | Egypt Oil & Gas - Part 2

VAALCO Increased Stake in Gabon’s Offshore Field

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. The transaction, which took effectiv...

Shell to Sell Gabon Onshore Operations

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, informed Energy Voice. This comes after Shell’s purchase of...

Gabon Extended Work at Nkembe

Gabon granted Pura Vida Energy a 12-month extension to the current exploration phase of the Nkembe production sharing contract offshore the country, Offshore Engineering Today reported. The extension will run until Ja...

GOC Signed First Oil Production Contract

State oil firm, Gabon Oil Company (GOC), has signed its first oil production contract with the acquisition of the Mboumba field, Ecofin Agency reported. GOC was created by decree in 2011 and has until now mostly been ...

Gabon Reopens Sogara Refinery

Gabon’s National Organization of Petrol Employees’ Secretary General, Sylvian Mayabi, confirmed that the country’s sole oil refinery in the commercial city of Port Gentil reopened after five days of closure foll...

Gabon Resumed Production at Avouma 2-H Well

Vaalco Energy’s Avouma 2-H well on the Avouma platform offshore Gabon in the Etame Marin Permit has resumed production at a stable rate, with the well producing approximately 1,850b/d of oil, Ecofin Agency’s Oil and G...

Sasol Expands Oil, Gas Output in Mozambique, Gabon

South African energy and chemicals group Sasol has increased its natural gas, condensate, and crude oil production in Mozambique and Gabon, IOL reported. The company’s natural gas output from Mozambique grew from 11. ...

Shell Awards EPC Contract for Offshore Gabon Pipeline

Shell Gabon has awarded Van Oord an engineering, procurement, and construction contract to replace a dual 10-km (6.2-mi) long oil export pipeline. Work is due to start this month and continue through summer 2015. The ...

Saipem wins Gabon rig gig

Italian contractor Saipem has secured a contract to deploy its semi-submersible rig Saipem 3 for drilling off Gabon. The rig has been lined up to spud an exploration well in the fourth quarter at the Tortue prospect o...

Harvest Natural Resources discovers oil in the pre-salt of the Dussafu Marin PSC offshore Gabon

Harvest Natural Resources has encountered oil in the wildcat well Dussafu Ruche Marin-1 (DRM-1) drilled in the Dussafu Marin PSC, in the offshore waters of Gabon, West Africa. Harvest operates the Dussafu PSC, holding...

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