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
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.






