The Republic of Gabon has announced that it plans to open its highly-anticipated 12th Shallow and Deep Water Licensing Round of open blocks at the 25th Africa Oil Week, Cape Town in November 2018.

H.E. Pascal HOUANGNI AMBOUROUE, Minister of Oil and Hydrocarbons, will make the announcement during a special session within the main auditorium of the Africa Oil Week event at 08:50 on Wednesday 7th November 2018. This announcement will immediately be followed by a technical and fiscal workshop that will detail the new petroleum code, the license round and associated terms.

This workshop will take place at 11:00 in the Southern Sun hotel on Wednesday 7th November 2018 and the agenda will include further details of available blocks, the fiscal terms, timings and conditions of the 12th Gabon Licensing Round.

The Minister of Oil and Hydrocarbons will also advise the dates and venues of the associated global licence round Road Shows, supported by Spectrum.

2018 Seismic for Block Evaluation

Spectrum, in collaboration with the Direction Générale des Hydrocarbures (DGH) has undertaken a number of shallow water 3D seismic surveys across the open blocks available in the 12th License Round. This data provides the industry with state of the art 3D broadband data. A variety of plays are targeted to allow a new generation of oil exploration in these prolific basins.

Seismic has been acquired in both north and south of the country. The 11,500 km2 southern survey, now complete, is the definitive dataset to image the pre-salt and, for the first time, intra syn-rift plays can be targeted. In the North, acquisition of a 5,500 km2 3D survey images pre and post-salt targets.

Data is available now for License Round evaluation facilitating immediate activity when the blocks are awarded.

About Spectrum

Spectrum provides innovative Multi-Client seismic surveys and high-quality seismic imaging services to the global oil and gas industry from offices in Norway, the UK, USA, Brazil, Egypt, Australia, Indonesia and Singapore. Spectrum designs, acquires and processes seismic data to deliver high quality solutions through its dedicated and experienced workforce.
Spectrum holds the world’s largest library of Multi-Client 2D marine seismic data and a significant amount of 3D seismic. The company’s strategy focuses on both the major, established hydrocarbon-producing regions of the world as well as key frontier areas identified by our experienced team of geoscientists. The Spectrum library of Multi-Client data contains projects from many of the foremost oil producing regions of the world. These include new acquisition, reprocessing and interpretation reports.