Search

Gabon to Launch Oil Exploitation in New Wells Following Assala Energy Acquisition

Allen dreyfus Logo
© Allen Dreyfus
  • Gabon Oil Company expands operations with new onshore wells
  • Assala Energy nationalisation boosts state’s control in oil sector

Gabon is set to begin exploitation activities at two new oil wells, Ozigo II and Nziembou II, as part of efforts to expand the state’s share of national production. The operations will be conducted by the Gabon Oil Company (GOC), which became the country’s second-largest oil company following its acquisition of Assala Energy in June.

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


By signing in, you agree to receive Allen Dreyfus newsletters and updates. You can unsubscribe at any time.

Recent Business

Cocoa pod and beans outdoors. Photo by Ákos Helgert @ Pexels
How Nigeria's cocoa strategy could end decades of oil dependence
Read More »
A vibrant display of traditional dance in Botswana. Photo by Xitsundzuxo Himina @ Pexels
Why Botswana’s inflation surge signals wider risks for commodity economies
Read More »
Molten metal pouring from ladle in industrial foundry. Photo by Bence Szemerey @Pexels
Can Kipushi’s zinc boom in Congo redraw Africa’s commodity power balance?
Read More »

Recent Politics

Fuel tanker truck navigating city roads. Photo @ Pexels
Is Nigeria’s petrol subsidy returning? Investors face uncertainty
Read More »
South Africans are planning for retirement. Photo by Thato Moiketsi @ Pexels
Are South Africans saving smarter? Debt keeps closing in
Read More »
Fatima Ezzahra El Mansouri, Morocco’s first woman prime minister. Photo @Fatima Ezzahra El Mansouri/Facebook
Fatima El Mansouri: Morocco’s first woman premier inherits World Cup pressures
Read More »

Latest Posts

Latest news insights