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Gabon ramps up deepwater push to reverse oil decline

© Unsplash
  • Minister signals major pivot towards offshore exploration
  • Regulatory reforms and incentives aim to attract investors

LIBREVILLE, GABON – Gabon is intensifying its dive into deepwater oil and gas exploration in a bid to reverse a decline in crude output and position itself as a key player in Central and West Africa’s energy landscape. The move, championed by the country’s newly appointed Minister of Oil and Gas, Sosthène Nguema Nguema, signals a bold pivot aimed at unlocking untapped offshore reserves and luring new foreign investment.

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