The government of Gabon has extended the deadline to submit bids for the country's 11th Licensing Round to 29 April 2016.
Gabon is calling for international participation in the licensing round which will focus on five blocks, E-12, F-12, F-13, F-14, and G-14, covering some of the country's key deepwater acreage in the highly prospective South Gabon Salt Basin. In response to the exploration challenges CGG has been appointed to advise the Direction Generale des Hydrocarbures (DGH) on the promotion of this license round and has worked directly with the Ministry to acquire over 25,000sq km of new 3D BroadSeis multi-client seismic data.
The round was formally opened on 27 October 2015 by the Minister for Petroleum, Etienne Dieudonné Ngoubou at the 22nd Africa Oil Week conference in Cape Town, South Africa.
"The Oil Ministry has very high hopes for Gabon’s new 11th licensing round and are excited by the opportunities for the successful development of this highly prospective region,” said Ngoubou. “New deepwater exploration wells offshore Gabon, such as Shell’s recent Leopard discovery, indicate a significant pre-salt basin and the new 3D multi-client data acquired by CGG greatly upgrades the resolution of the pre-salt image, further enhancing the chances of exploration success."
Image:Map/Gabon 11th Round
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