When French super-major Total discovered gas in the first ultra-deep pre-salt well offshore Gabon it may have opened the most dramatic chapter yet in the Central African nation’s hydrocarbons industry.
However, the way forward is far from clear. Total, responsible for 25 percent of the oil produced in Gabon in 2012, has yet to confirm the commerciality of the discovery and the historic stability of the nation is under threat. A new hydrocarbons code is looming over the industry just as the government has flexed its regulatory muscle and seized the Obangue field from Chinese-owned Addax petroleum.
The Oil & Gas Year Gabon 2013 features interviews with the president, energy minister and industry leaders alongside analysis, maps, graphics and resources, including a draft production-sharing contract as used by the Gabonese government.
The Oil & Gas Year Gabon 2013 is a crucial guide to one of Africa’s most interesting investment destinations.