Gabon: Zarubezhneft agreement

Gabon Oil Company has signed a cooperation agreement with Russia’s Zarubezhneft covering joint oil and gas projects in Gabon. A statement from the Russian company said the agreement, which it described as “a roadmap for future cooperation between the companies on possible implementation of oil and gas projects in Gabon”, was signed in Istanbul on the sidelines of the World Petroleum Congress. The roadmap agreement followed a memorandum of understanding signed in early June during the St Petersburg International Economic Forum.