Round Information

The Ministry of Oil and Hydrocarbon announced the opening of the 12th Shallow and Deep Water Licensing Round offshore Gabon in November 2018.

This highly-anticipated round was specifically timed to leverage the latest insights on exploration potential offered by the availability of new 3D seismic data on the margin, over a number of different exploration plays.  The blocks on offer were covered by this exciting multi-client 3D seismic, ensuring the availability of cost-effective access to the best data to evaluate the acreage.

In addition to this modern seismic imaging, new commercial terms were drawn up to encourage new investment in Gabon’s petroleum sector offshore.