BW Energy is planning to reach a final investment decision (FID) on its Ruche development, in Gabon’s Dussafu licence, in the last quarter of the year. Further growth is expected to come from August’s Hibiscus discovery. The company continues to hold the Kudu gas project, in Namibia, but like many others before it, progress appears slow.
Oil workers are set to end a strike at French firm Maurel and Prom's Onal field in Gabon today after a deal was reached to reinstate dismissed personnel.
Opposition candidate Jean Ping has insisted he won Gabon’s presidential election, and accused the incumbent leader of using fraud to secure his victory.
US explorer Vaalco has altered its drilling and workover programme offshore Gabon in the Etame Marin block after adverse weather forced it to reschedule.
Tullow Oil has reached an agreement with the Gabon government allowing the producer to regain its 7.5% stake in the Onal Complex fields and the Ezanga block.
The Prime Minster has written to the President of Gabon in a disagreement between oil companies and the country’s petroleum ministry.
According to reports, the move comes after previous interventions from the Foreign and Commonwealth Office were unable to solve the dispute.
The petroleum ministry had expropriated assets from Tullow Oil as well as threatening oil giant Shell with a fine for alleged non-payment of back taxes.