Developing the downstream timber industry is a central element of Gabon’s strategy to achieve economic diversification and long-term growth through domestic processing of its natural resources. With 85% of the country under tropical forest cover, the timber sector benefits from an extensive raw materials supply. It is also a major employer, and absorbs more of the...
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Articles & Analysis | Spurring the development of downstream timber processing from The Report: Gabon 2014
Articles & Analysis | As production drops at older oil fields, exploration efforts are increasing from The Report: Gabon 2014
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...
Interviews & Viewpoints | OBG talks to Jacqueline Bignoumba, President, Gabon Petroleum Union (UPEGA) from The Report: Gabon 2014
Articles & Analysis | Offshore blocks: After successful finds in recent years, the drilling continues from The Report: Gabon 2014
The offshore oil potential in Gabon has generated significant interest among oil companies in recent years due to the area’s geological similarities with Brazilian pre-salt layers, to the success of offshore blocks elsewhere in the Gulf of Guinea and to indications that it may contain analogous hydrocarbons systems. The large number of companies...
