Fresh drilling is scheduled in Gabon this year
Gabon’s E&P sector stays active
The west African nation continues to attract upstream investment despite the global contraction in activity
Gabon’s upstream sector remains active, with the spudding of a fresh well and plans for further drilling later this year. Norway’s BW Energy has resumed drilling at the Dussafu licence, beginning with the Hibiscus Extension well. This is intended to extend the Hibiscus/Ruche prospect, with first oil expected in the first quarter of 2023. Hibiscus and Ruche are already believed to hold probable reserves of 46.1mn bl and 24.1mn bl respectively. After the Hibiscus Extension, BW will use the Borr Norve jack-up rig to spud the sixth and final well in the second development phase of the Tortue field. This second phase—which had previously been scheduled to be completed in 2020—will boost Tortue’
Also in this section
28 April 2026
Oil traders warning of $200/bl oil are wrong, and the market should be wary of proclamations that the impact of the oil shortage has only begun to be felt and a that a ‘harsh adjustment’ is coming—even for industrialised nations
28 April 2026
Restoring supply from Saudi Arabia, the UAE, Kuwait, Qatar, Bahrain and Iraq involves complexities far beyond simply adjusting operational controls
28 April 2026
Datacentres will guzzle power at a ferocious rate, but the impact on wider energy markets will be far more complex than previously thought
28 April 2026
The key energy player faces balancing regional routes, political complexities, and creating a clear strategic vision for energy security
