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
14 April 2026
The GECF has warned it may revise its projections for demand this year downwards in light of conflict in the Middle East, although it maintains its forecasts for 2027 and onwards
13 April 2026
Petroleum Economist analysis highlights sharp shift from crude oversupply to market deficit, with Iraq and Kuwait badly affected and key producers Saudi Arabia and the UAE also seeing output sharply lower
13 April 2026
Turkmenistan is moving ahead with a modest expansion of the giant Galkynysh field to sustain gas deliveries abroad, but persistent delays to other key pipeline projects and geopolitical risks continue to constrain its export ambitions
13 April 2026
Expensive electricity has forced out swathes of energy-intensive industry and now threatens the country’s ability to attract future investment in datacentres and the digital economy
