Gabon Oil and Gas Report - Business Monitor International - Industry Reports

Gabon Oil and Gas Report

Gabon Oil and Gas Report - Business Monitor International - Industry Reports
Gabon Oil and Gas Report
Published Jul 23, 2016
81 pages — Published Jul 23, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

The main trends and developments we highlight for Gabon s oil and gas sector are as follows: Gabon rejoined OPEC in June ----, becoming the --th and smallest member of the cartel in terms of production. In October ----, Gabon launched its --th licensing round. ...Shell reported in April ---- that it is looking to divest its onshore assets in Gabon, worth about USD---mn. It was reported that operator Harvest planned to drill additional wells on the Dussafu permit before reaching a conclusion on how best to develop the block, and in August ---- Panor Energy, a partner on the block, took a USD--.-mn charge after it was announced the entire development would be reviewed. Shell reported in April ---- that it is looking to divest its onshore assets in Gabon, worth about USD---mn. While most upstream activity in Gabon is focused on liquids, there is some limited potential upside from the development of recent natural gas discoveries. There were reports Royal Dutch Shell was considering a liquefied natural gas (LNG) option for development of the deepwater Leopard-- and

...In ----, Gabon succeeded in signing a number of deepwater and ultra-deepwater PSCs with a number of major oil companies including Woodside, Repsol and Petronas. However, production sharing contracts (PSCs) are not published in Gabon and it is probable that the contracts signed varied significantly from the model PSC. ...In ----, Gabon succeeded in signing a number of deepwater and ultra-deepwater PSCs with a number of major oil companies including Woodside, Repsol and Petronas. However, production sharing contracts (PSCs) are not published in Gabon and it is probable that the contracts signed varied significantly from the model PSC. A more concessional approach to contracting should help support interest in the ---- round, given the prospectivity of the acreage. ...Bids for the --th Gabonese deepwater Licensing round have been submitted as of May ----. In October ----, Shell reported its Leopard Marin discovery offshore Gabon may be a new commercial gas discovery, saying it could be the first potentially multi-trillion cubic feet find in a new gas play. In ----, the Leopard-- well which was drilled to a total depth of -,---m, had encountered a gas column with ---m of net gas pay.

...After several years of strong growth, exploration spending in the West African offshore looks set to slow, as the impact of sustained lower oil prices and a clawing back of industry capex begins to manifest. It is our view that as a proven market, Gabon will be among those countries least exposed to a slowdown in spending. ...

  
Source:
Document ID
1758-4728
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Gabon Oil and Gas Report" Jul 23, 2016. Alacra Store. Dec 06, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Gabon-Oil-and-Gas-Report-2026-604>
  
APA:
Business Monitor International - Industry Reports. (2016). Gabon Oil and Gas Report Jul 23, 2016. New York, NY: Alacra Store. Retrieved Dec 06, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Gabon-Oil-and-Gas-Report-2026-604>
  
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