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Gabon: Discoveries declared non-commercial

Woodside Energy has described two discoveries offshore southern Gabon as non-commercial because of the water depth and development costs. The Petronas-operated Boudji-1 exploration well drilled in Q1 2018 in the Likuale (F14) Block intersected a 90-metre oil and gas column in high-quality hydrocarbon-bearing pre-salt sands. Petronas announced it as a discovery and said it would spur further growth activities in the region. Boudji-1 was followed by Repsol’s Ivela-1 exploration well in the Luna Muetse (E13) Block, which intersected a 78-metre oil column.

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African Energy Gulf States Newsletter