Gabon: Bid round launched under new hydrocarbons code

Gabon has launched its 11th licensing round, offering five deep-water blocks in the southern offshore. The round was launched on 27 October in Cape Town by hydrocarbons minister Etienne Ngoubou, and roadshows will be held in Libreville, Paris, Houston and Singapore in November and December. Bids are to be submitted between 15 February and 31 March. The round follows the award of nine deep-water blocks last year and is again being promoted by CGG, which has acquired over 25,000km2 of new 3D multi-client seismic offshore southern Gabon over the five open blocks and adjacent areas licensed in 2014.