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.

Recent Business

Bustling street scene in Fes Medina, Morocco. Photo by Abderrahmane Habibi @ Pexels
Morocco’s inflation rebound: why energy shocks are reshaping a fragile price recovery
Read More »
GoldBod CEO Sammy Gyamfi (far right) and others inspect the first batch of locally refined gold at the Gold Coast Refinery. Photo by GoldBod
How Ghana’s GoldBod turned a $487mn surplus into a blueprint for reclaiming Africa’s gold wealth
Read More »
Abiy Ahmed Ali, Prime Minister of Ethiopia. Photo @Abiy Ahmed Ali/X
Why Africa’s AI future now runs through Ethiopia and what Abiy Ahmed’s new AU role means
Read More »

Recent Politics

Nigerian youth on the street. Photo by Salem Ochidi @ Unsplash
Treason case lays bare Nigeria’s hidden power struggles under Tinubu
Read More »
Benin Finance Minister Romuald Wadagni. Photo @Romuald Wadagni/Facebook
Benin election 2026: From fiscal discipline to political delivery - Wadagni’s real test begins
Read More »
Kinshasa, Democratic Republic of Congo. Photo by Johnnathan Tshibangu @ Unsplash
Why DR Congo is taking in US deportees — and what Africa gains or risks
Read More »

Latest Posts

Latest news insights