Gabon's oil sector set for growth
Gabon’s production set for further expansion
But significant discoveries are likely needed to prevent output from sliding again later this decade
Gabon’s mature oil sector is poised for renewed growth, led by development of the Dussafu block. The Hibiscus/Ruche Phase 1 project on the block is on pace to produce its first oil by the end of March, says the operator, Norway’s BW Energy, with drilling having started in early January. The 20km pipeline connection to the BW Aldo floating production, storage and offloading (FPSO) unit—which already serves the in-production Tortue field—has also been completed. Drilling and “asset updates” on Hibiscus/Ruche Phase 1 will be completed “through 2023 and into early 2024”, says Carl Krogh Arnet, CEO of BW. After the first quarter of this year, “production is expected to increase progressively, as
Also in this section
16 January 2026
The country’s global energy importance and domestic political fate are interlocked, highlighting its outsized oil and gas powers, and the heightened fallout risk
16 January 2026
The global maritime oil transport sector enters 2026 facing a rare convergence of crude oversupply, record newbuild deliveries and the potential easing of several geopolitical disruptions that have shaped trade flows since 2022
15 January 2026
Rebuilding industry, energy dominance and lower energy costs are key goals that remain at odds in 2026
14 January 2026
Chavez’s socialist reforms boosted state control but pushed knowledge and capital out of the sector, opening the way for the US shale revolution
