Gabon is the fifth-largest oil producer in sub-Saharan Africa and oil dominates the economy, accounting for roughly half of state revenues and more than 80% of export revenues. Over the last decade, however, output has declined as the country’s larger oil fields mature, prompting Gabon to encourage activity in smaller blocks expand offshore exploration in new blocks, and...
Gabon Energy
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Articles & Analysis | As production drops at older oil fields, exploration efforts are increasing from The Report: Gabon 2014
Articles & Analysis | Despite its vast potential, hydroelectric generation still takes second from The Report: Gabon 2014
Having a large hydroelectric generation base is a boon to Gabon, giving it low-cost renewable energy. It is hydrocarbons, however, that continue to power most of the country’s plants. According to the most recent statistics available from the US Energy Information Administration (EIA), from 2011, non-renewable thermal energy sources top hydroelectricity, which produced...
Interviews & Viewpoints | Etienne Dieudonné Ngoubou, Minister of Petroleum and Hydrocarbons from The Report: Gabon 2014
What measures are planned in the new hydrocarbons code to ensure better integration of small and medium-sized enterprises (SMEs)?
Gabon is the fifth-largest oil producer in sub-Saharan Africa and oil dominates the economy, accounting for roughly half of state revenues and more than 80% of export revenues. Over the last decade, however, output has declined as the country’s larger oil fields mature.
Oil production peaked in 1997 at 370,000 bpd but stabilised in recent years around 240,000 bpd. The decline in...
With just 1.63m people, Gabon is the second-smallest member of the six-country Central African Economic and Monetary Community in terms of population, after Equatorial Guinea. However, the country’s well-developed hydrocarbons sector has made Gabon the second-largest economy in the sub-region.
Après des mois de négociations, le Gabon a signé en août sept contrats d’exploration et de production pétrolière, espérant ainsi inciter de nouvelles campagnes d’exploration en offshore profond et générer jusqu’à 1,1 milliard de dollars d’investissements, selon les estimations du ministère gabonais du pétrole.