Assala Energy introduced in the present day a 25-year renewal of 4 of its onshore manufacturing licences, in addition to the acquisition of three new onshore exploration licences in Gabon.
Since its arrival in Gabon in late 2017, Assala Energy has demonstrated its capability to ship constantly on its targets safely and responsibly. In the previous two years, the corporate’s affiliate, Assala Gabon has drilled 11 new wells and carried out 44 workovers, efficiently reversing the pure decline in manufacturing. The firm has invested over 300 million USD in asset redevelopment, asset integrity, upkeep and security whereas internalising experience and enhancing expertise in its 500 native workforce.
Assala Energy’s awards comprise renewals for the Rabi Kounga II, Toucan II and Bende M’Bassou Totou II licences, already operated by Assala Gabon and the Atora II non-operated licence. On the exploration aspect, the three licences (Mutamba-Iroru II, Nziembou II & Ozigo II) encompass Assala’s present producing fields and infrastructure and span the identical pre-salt geological fairway. The Mutamba-Iroru II licence consists of the undeveloped NGongui discovery.
David Roux, Assala Energy’s Chief Executive Officer said, “This is an thrilling time for Assala, each as an lively, financial investor in Gabon and a accountable employer. We are privileged to work on among the most important pure sources accessible in Sub-Saharan Africa that proceed to characterize an ideal alternative for the oil trade in Gabon. This transaction reinforces not solely the long-term way forward for the enterprise but in addition the related direct and oblique native employment alternatives. We will proceed to ship operations by best-in-class security, environmental and social efficiency with clear stakeholder partnerships. We look ahead to persevering with our work with the federal government of Gabon within the improvement of the nation’s power sector.”
Assala Energy has headquarters in London. The firm was fashioned by an funding by Carlyle International Energy Partners, a part of The Carlyle Group. Assala Energy is Gabon’s second largest oil producer and exports over a 3rd of the nation’s complete oil manufacturing from its Gamba export facility. The firm’s administration workforce consists of profitable, Africa-experienced Exploration & Production professionals.
(Source: Assala Energy – Image: Atopra discovery effectively in southern Gabon on the finish of the 1990’s/Rene P/power world information)
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