Gabon Signs Offshore Oil Contracts with 6 Companies

Posted by Michelle Howard
Friday, August 08, 2014

Gabon's oil ministry said on Friday it had signed seven oil contracts with six companies as part of an offshore licensing round expected to attract at least $1.1 billion in investment to the sector.


"(We) proceeded on August 8 with the signing of seven oil contracts with the companies Impact, Repsol, Marathon , Noble Energy, Petronas and Woodside," the ministry said in a statement.

(Reporting by Gerauds Obangome; Writing by Emma Farge; Editing by Daniel Flynn)

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