Gabon

Gabon's economy is dominated by oil. Oil revenues comprise roughly 46% of the government’s budget, 43% of gross domestic product (GDP), and 81% of exports. Oil production is now declining rapidly from its high point of 370,000 barrels per day in 1997. Some estimates suggest that Gabonese oil will be expended by 2025. In spite of the decreasing oil revenues, planning is only now beginning for an after-oil scenario.

Latest News

Ophir Energy Plc appointment of Chief Financial Officer
Tuesday, January 24, 2012
CGGVeritas Concludes 3D BroadSeis Seismic Survey For Shell
Tuesday, July 12, 2011
Ophir Farms Out Gabon Blocks to Petrobas
Monday, June 20, 2011
Harvest Natural Resources Discovers Oil in the Pre-Salt Offshore Gabon
Monday, June 13, 2011
Harvest Natural Resources Commences Drilling Operations at Dussafu Project in Gabon
Friday, April 29, 2011
Gabon Cancels 10th Licensing Round
Wednesday, December 15, 2010

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