23rd April 2020: Delay Announced to Tender Submissions Deadline
The Gabonese State launched on November 7, 2018 in Cape Town, South Africa, the 12th licensing round for the allocation of thirty-five (35) oil blocks from its sedimentary basin.
The deadline for submission of tenders was set for April 30, 2020. However, the development of this event is confronted with the current global health crisis linked to the COVID-19 pandemic. In addition, as in other countries, Gabon has taken containment measures to combat the spread of COVID-19.
In view of the above, His Excellency, Vincent de Paul MASSASSA, Minister of Oil, Gas, Hydrocarbons and Mines informs all national and international oil companies that the closing date for the submission of tenders has been postponed to a later date.
The government of the Gabonese Republic will communicate on the new date when the sanitary conditions are restored to normal.
Please see the OFFICIAL PRESS RELEASE (in French).
25th February 2020: New Minister to Present at Roadshows in Houston and London
His Excellency Vincent de Paul MASSASSA, Minister of Oil, Gas, Hydrocarbons and Mines of the Republic of Gabon was appointed on 2nd of December 2019. This week he will be presenting “Gabon Oil and Gas investment opportunities in the light of the 12th offshore License Round launched under the new Hydrocarbons Code of Gabon approved in 2019”.
The Minister will take part in the University of Houston Conference, on 25th-26th of February 2020 and the APPEX Event in London on Wednesday 4th of March, 2020.
Minister Vincent de Paul MASSASSA holds an Engineering Degree obtained in the United States at New Mexico Institute of Mining and Technology; He has served in the Gabonese Government since 1999, being Director of Exploration at the DGH in 2005, Director of Operations in 2006, and Attaché to the office of the Minister of Petroleum in 2014 where he was Advisor to the Presidency of the Republic on Mines, Industry and Hydrocarbons.
Before serving at the Government, he developed an extensive career in the private sector in technical positions at Tenneco Oil, British Gas, Perenco and Shell Gabon.
22nd February 2020: Tender Specification and Bidding Criteria Update
His Excellence Vincent de Paul MASSASSA, The Minster of Oil, Gas, Hydrocarbons and Mines has today released the final versions of the Tender Specifications and the updated version of the Bidding Criteria:
Please note that all official documents are in French. Documents in English are for information only.
24th January 2020: PSC Models Released for Conventional and Deep/Ultra-Deep Areas
His Excellency Vincent de Paul MASSASSA, Minister of Oil, Gas, Hydrocarbons and Mines has today released the final versions of the Production Sharing Contracts associated with the 12th offshore licensing round. Copies (in French) are available via the following links:
Please note that all official documents are in French. Documents in English are for information only.
10th January 2020: Press Release regarding postponement of License Round closing date
His Excellency Vincent de Paul MASSASSA, Minister of Oil, Gas, Hydrocarbons and Mining has issued the following press release regarding postponement of the closing date for the Gabon 12th Offshore Licensing Round to April 30, 2020.
PRESS RELEASE issued 10 Jan 2020