Gabon: Bid round deadline extended

The Direction Générale des Hydrocarbures (DGH) has pushed back the deadline for submitting bids for Gabon’s 11th licensing round to 29 April from 31 March. The round was launched in Cape Town on 27 October, offering five deep-water blocks in the southern offshore. The DGH said the postponement was a response to current market conditions and would give companies an extra month “to evaluate the anticipated update to the fiscal terms by the DGH due to be announced in the first week of April 2016”.