We use cookies to improve your experience. By your continued use of this site you accept such use.
Energy Capital & Power

  • Multimedia content

  • Images (1)
    • Gabon: Positioning Oil & Gas as an Enabler of Countrywide Growth
  • All (1)
Source: Energy Capital & Power |

Gabon: Positioning Oil & Gas as an Enabler of Countrywide Growth

Gabon is seeking to attract an influx of private capital and participation on the back of fortified infrastructure, greater financial inclusion of SMEs and the establishment of public-private partnerships

With its economic indicators showing clear signs of recovery, and the current Parti Démocratique Gabonais (PDG) set to retain power after this year’s elections, Gabon’s economic plans (https://apo-opa.info/3q5SqcV) are moving ahead at full speed. Under its 2025 Plan for an Emerging Gabon (PSGE), the country is seeking to facilitate the influx of…

Energy Capital & Power

  • Multimedia content

  • Images (1)
    • Sector Outlook: Identifying Gabon’s Key Growth Prospects
  • All (1)
Source: Energy Capital & Power |

Sector Outlook: Identifying Gabon’s Key Growth Prospects

As Gabon gears up for its 2023 election, the ruling Parti Démocratique Gabonais (PDG) is expected to retain power and the government’s 2023-2027 economic plans look set to proceed

In the Central African region, Gabon stands out for its political stability, investor-friendly policies and enduring status as one of Africa’s most prolific oil producers. The country’s 2023-2027 economic plans are on track to usher in a new era of growth on the back of the diversification and industrialization of…

Energy Capital & Power

  • Multimedia content

  • Images (1)
    • Gabon Positions Local Content as a Strategic Pillar of its Energy Transformation
  • All (1)
Source: Energy Capital & Power |

Gabon Positions Local Content as a Strategic Pillar of its Energy Transformation

As Gabon reinvents its energy industry, the Central African producer is incorporating local content priorities within its transformation, establishing state funds to provide financial support and skills development for local companies, as well as giving preference to indigenous firms to service and operate marginal assets

The oil sector has long been a pillar of Gabon’s economy, generating the majority of its exports, taxes and national income. However, since production peaked in the 1990s, the government has taken steps to reinvigorate the sector, relying on another precious indigenous resource to achieve this goal: the Gabonese people. …

Energy Capital & Power
Source: Energy Capital & Power |

Gabon’s Downstream Industry Sees String of New Investments

With several of its large fields in decline, Gabon is prioritizing the establishment of a diversified energy sector that increases domestic refining capacity, reduces importation levels and achieves self-sufficiency in petroleum products

Since the birth of Gabon’s petroleum sector, the country’s downstream industries have languished in the shadow of its more prolific upstream operations. Yet a slew of recent investments in refining, gas-to-power and associated infrastructure means that Gabon’s downstream industries are finally coming of age, with profound implications for the country’s…

Energy Capital & Power

  • Multimedia content

  • Images (1)
    • Setting the Scene for the Revitalization of Gabon’s Oil and Gas Sector
  • All (1)
Source: Energy Capital & Power |

Setting the Scene for the Revitalization of Gabon’s Oil and Gas Sector

As Gabon turns the corner on almost a decade of market disruption, the country’s energy sector is emerging with a renewed sense of purpose, backed by progressive regulatory reforms that are now bearing fruit for local and foreign investors alike

Gabon is a country on the move. Powered by forward-thinking policies and a cleaner, more sophisticated oil and gas industry, the country is attracting the attention of investors again on the promise of returning to consistent GDP growth last seen in the 1990s. Many of these plans were put on…

Energy Capital & Power

  • Multimedia content

  • Images (1)
    • Gabon’s Oil and Gas Industry: Exploring Opportunities in Mature Fields
  • All (1)
Source: Energy Capital & Power |

Gabon’s Oil and Gas Industry: Exploring Opportunities in Mature Fields

The upstream segment of Gabon’s energy sector is seeing renewed interest on the back of recent regulatory changes, and drilling campaigns from some of the world’s most prolific E&P companies are centered on redeveloping mature fields, though possibly at the cost of exploration

Even among oil-rich nations, the extent to which hydrocarbons has fueled the Gabonese economy throughout its independent history is exceptional. Since production started in the 1950s, the majority of the country’s GDP has been derived from crude oil exports. However, after oil production peaked in 1996, Gabon’s future looked less…

Energy Capital & Power

  • Multimedia content

  • Images (1)
    • Gabon’s New Hydrocarbons Code: A bold step into the future
  • All (1)
Source: Energy Capital & Power |

Gabon’s New Hydrocarbons Code: A bold step into the future

Rapid liberalization, lower taxes, and a host of incentives for investors are helping Gabon draw interest to its oil industry and realize the potential of its natural gas reserves

The onset of the COVID-19 pandemic dampened global demand for oil and natural gas, disrupted the flow of capital, and slashed expansion plans across the hydrocarbons industry. As a result, licensing rounds in many African countries have suffered from a lack of investor interest. Despite these challenges, Gabon has emerged…

Energy Capital & Power

  • Multimedia content

  • Images (1)
    • The Gas Game: Gabon Seeks to Exploit its Commercial Gas Potential
  • All (1)
Source: Energy Capital & Power |

The Gas Game: Gabon Seeks to Exploit its Commercial Gas Potential

Shifting market dynamics, growing regional cooperation and the need for sustainable energy are pushing Gabon to open a new chapter centered on the exploration, production and monetization of natural gas

A long-standing oil giant of sub-Saharan Africa, Gabon is embracing its potential as a natural gas producer and emerging with revitalized plans for sustainable, energy-led growth. To date, reliance on large, easily accessible, low-sulfur oil reserves has dampened enthusiasm for the development of other sources of energy in the country.…

Energy Capital & Power

  • Multimedia content

  • Images (1)
    • BW Energy Leads Gabon’s Upstream Revival with Drilling of Hibiscus Well
  • All (1)
Source: Energy Capital & Power |

BW Energy Leads Gabon’s Upstream Revival with Drilling of Hibiscus Well

First oil from the DHIBM-3H well, which is expected later this month, could represent a turning point for Gabon’s oil industry, which has faced declining production and a lack of new investment in recent years

Following years of anticipation, Oslo-listed E&P company BW Energy drilled the first of several wells last Monday that will constitute Phase 1 of its Hibiscus/Ruche development at its offshore Dussafu asset in Gabon. Drilling had started on the DHIBM-3H well in January 2023 and initial results for drain length and…

Energy Capital & Power

  • Multimedia content

  • Images (1)
    • Ricardo Van-Deste, CEO for the exploration and production Business Unit, Sonangol; Geoff Hill, Director, Something of Value; Osvaldo A. Inácio, Executive Director, Sonangol; Paulo Guedes, Director of Renewable Energy, Sonangol and Verner Ayukegba, Senior Vice President, African Energy Chamber
  • All (1)
Source: Energy Capital & Power |

Sonangol Takes the Lead in Angola’s Energy Transition

As African Energy Week 2021’s winner of the NOC of the year award, Sonangol serves as an example for other resource-rich nations of how NOCs can and should drive Africa’s energy transition

The global push to reduce carbon emissions and phase out fossil fuels will have significant impacts on hydrocarbon dependent countries in Africa. Countries such as Angola, with an 80% reliance on oil serve to be highly affected if they are forced to abandon the resource. Therefore, stakeholders are calling for…