Vaalco Spuds First Well in 2021/2022 Drilling Campaign Offshore Gabon
Houston-based, Vaalco Energy, has spudded the first well of its 2021/2022 drilling campaign, targeting the Etame field.
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Houston-based, Vaalco Energy, has spudded the first well of its 2021/2022 drilling campaign, targeting the Etame field.
The plant will be located at the industrial site of Owendo, close to Libreville.
Considered the final frontier for hydrocarbon exploration, Africa’s sizeable oil discoveries made in 2021 position the continent as an attractive upstream market.
BW Energy has discovered oil in the Hibiscus North exploration well (DHBNM-1) in Gabon’s Dussafu Block.
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 British French major has opened new exploration activities in three offshore blocks, which were acquired during the ongoing licensing round.
Gabon has created a center of excellence in the field of petroleum training.