CGG to promote Gabon’s 11th license round

CGG announced that it has been appointed as technical consultant by the Gabonese Republic’s Ministry of Petroleum and Hydrocarbons to help with the promotion of its 11th Licensing Round focusing on five highly prospective deepwater blocks.


 
Image: map of Gabon blocks/ CGG

The round was formally opened on 27 October 2015 by Etienne Dieudonné Ngoubou, minister for petroleum and hydrocarbons at the 22nd Africa Oil Week conference in Cape Town South Africa. The round will then be promoted by a series of road shows starting in Libreville on 24 November, followed by Paris on 26 November, Singapore on 30 November and Houston on 3 December 2015. A delegation from the Direction Generale des Hydrocarbures (DGH) as well as a technical team from CGG will be attending to answer any questions.

The round will be open for five months starting on 27 October 2015 and bids can be submitted from 15 February 2016 onwards and by no later than 31 March 2016. Pre-qualification for the bid round will require the purchase of a minimum amount of seismic data.

The deep water of Gabon has significant unexplored potential within a structurally complex setting, particularly in the pre-salt section. In response to the exploration challenges, CGG has been appointed to advise the Gabonese Republic on the promotion of the 11th Licensing Round and has worked directly with the Ministry to acquire over 25,000sq km of new 3D BroadSeisTM multi-client seismic data as part of an integrated geoscience program to support it. The new survey will enable better imaging of this exciting and underexplored area, and covers areas downdip and adjacent to recent pre-Aptian salt discoveries, such as Leopard, Diaman, Ruche and Tortue. It will benefit from integrated gravity and magnetic interpretation to enhance the pre-salt imaging and additional, complementary datasets including offshore hydrocarbon seeps and a full geological prospectivity report will be available. 

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