The Gabonese Minister of Energy announced the completion of financing for construction of a 35 MW hydroelectric dam in Gabon.
Vaalco Energy has executed a contract with offshore drilling company Borr Drilling for its 2021/2022 drilling program in offshore Gabon.
In line with the government’s goals to attract investment into offshore exploration, Gabon has modernized its regulatory framework through a revised oil and gas code implemented in July 2019.
La société espère augmenter sa production quotidienne au-dessus des niveaux de 2019.
The country was counting on close to 4% growth according to pre-pandemic figures.