VAALCO Energy announces a contract with Borr Drilling to carry out multiple offshore drilling and maintenance operations in Gabon starting mid-2025. This initiative aims to boost production and reserves as part of its organic growth strategy.
VAALCO Energy announces a contract with Borr Drilling to carry out multiple offshore drilling and maintenance operations in Gabon starting mid-2025. This initiative aims to boost production and reserves as part of its organic growth strategy.
OPEC+ adopts online meetings, centralizing the decision-making process. This transition raises questions about transparency and tensions among producers facing increasing pressure in the oil market.
OPEC+ adopts online meetings, centralizing the decision-making process. This transition raises questions about transparency and tensions among producers facing increasing pressure in the oil market.
London has announced sanctions on 30 additional ships of the Russian "ghost fleet," used to bypass oil restrictions, striking a blow to exports that finance the war in Ukraine.
London has announced sanctions on 30 additional ships of the Russian "ghost fleet," used to bypass oil restrictions, striking a blow to exports that finance the war in Ukraine.
As oil reserves dwindle, Gabon and Equatorial Guinea vie for control over Mbanie Island, a strategic economic asset. A ruling from the International Court of Justice is expected in 2025.
As oil reserves dwindle, Gabon and Equatorial Guinea vie for control over Mbanie Island, a strategic economic asset. A ruling from the International Court of Justice is expected in 2025.
African economies dependent on oil are stagnating, growing at half the rate of the rest of the region. The IMF highlights a lack of diversification and investment as key factors behind this lag.
African economies dependent on oil are stagnating, growing at half the rate of the rest of the region. The IMF highlights a lack of diversification and investment as key factors behind this lag.
BW Energy plans to reach a production of 40,000 barrels per day off the coast of Gabon by the end of 2024, thanks to an intensive drilling campaign in the Dussafu block.
BW Energy plans to reach a production of 40,000 barrels per day off the coast of Gabon by the end of 2024, thanks to an intensive drilling campaign in the Dussafu block.
The Gabon Oil Company (GOC) strengthens its position in the oil sector by purchasing 15% of Baudroie shares, previously owned by TotalEnergies. This acquisition aims to increase national production.
The Gabon Oil Company (GOC) strengthens its position in the oil sector by purchasing 15% of Baudroie shares, previously owned by TotalEnergies. This acquisition aims to increase national production.
Gabon has filed a request before the International Court of Justice (ICJ) to assert its sovereignty over three oil-rich islets, contested by Equatorial Guinea, marking a new stage in their long-standing territorial dispute.
Gabon has filed a request before the International Court of Justice (ICJ) to assert its sovereignty over three oil-rich islets, contested by Equatorial Guinea, marking a new stage in their long-standing territorial dispute.
Gabon and Equatorial Guinea have been at odds over three islets since the 1970s. The International Court of Justice (ICJ) has been called upon to determine the applicable legal documents in this high-stakes dispute with major economic and strategic implications.
Gabon and Equatorial Guinea have been at odds over three islets since the 1970s. The International Court of Justice (ICJ) has been called upon to determine the applicable legal documents in this high-stakes dispute with major economic and strategic implications.
Faced with a production shortfall and aging infrastructure, Société d'Eau et d'Énergie du Gabon (SEEG) is imposing rotating load shedding to stabilize Libreville's power grid.
Faced with a production shortfall and aging infrastructure, Société d'Eau et d'Énergie du Gabon (SEEG) is imposing rotating load shedding to stabilize Libreville's power grid.
