Category: Gabon

Rockefeller Foundation Green Power Gap

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(Rockefeller, 7.Aug.2024) — The Rockefeller Foundation released a new report that calculates an 8,700 terawatt-hour (TWh) “Green Power Gap” across 72 countries in Africa, Asia, Latin America and the Caribbean, and the Middle East. Currently home to 3.8 billion people, these countries must deploy 8,700 TWh of clean power by 2050 – approximately twice the United States’ annual generation – […]

BW Energy: Substantial Oil Find in the Hibiscus South Prospect

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(BW Energy, 6.Nov.2023) — BW Energy announced that the DHBSM-1 appraisal well has encountered commercial volumes of oil in the Hibiscus South satellite prospect. The company plans to return to the well to complete it as a production well in early 2024. The DHBSM-1 well was drilled from the MaBoMo […]

An African Gas Renaissance En Route to a ‘Just Energy Transition’ [PDF Download]

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(The Oxford Institute for Energy Studies, 5.Sep.2023) — The impact of the Russia-Ukraine war on the natural gas trade, inter alia, continues to be felt well beyond Europe’s borders. As the accelerated decarbonisation of the world’s economies is being pushed forward, Europe’s unexpected interest in alternative sources of gas imports […]

BW Energy Starts Third Well in Hibiscus Development

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(BW Energy, 20.Jul.2023) — BW Energy announced that production has safely started from the third well of the Hibiscus / Ruche Phase 1 development in the Dussafu licence offshore Gabon. Well performance is in line with expectations with current production at approximately 6,000 barrels per day.  The DHIBM-5H well was drilled […]

BW Energy: 2Q:22 Trading and Financial Update

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(BW Energy, 12.Jul.2022) — BW Energy provided an update on the operations and development of the Dussafu Marin license in Gabon. The company will publish financial figures for the second quarter and first half of 2022 on 25 August 2022. Gross production from the Tortue field averaged approximately 10,700 barrels […]

Tullow To Sale Assets In West Africa To Panoro

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(Tullow, 9.Feb.2021) — Tullow Oil plc signed two separate sale and purchase agreements with Panoro Energy ASA (Panoro) for all of Tullow’s assets in Equatorial Guinea (the EG Transaction) and the Dussafu asset in Gabon (the Dussafu Transaction). Rahul Dhir, Chief Executive Officer of Tullow, and Les Wood, Chief Financial […]

Total Gabon Divests Mature Non-Operated Assets

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(Total, 30.Jul.2020) — Total announces that its 58% owned affiliate Total Gabon has signed an agreement with Perenco to divest its interests in seven mature non-operated offshore fields, along with its interests and operatorship in the Cap Lopez oil terminal. The transaction remains subject to approval by the Gabonese authorities. […]