Gabon

Corporate Advisory Playbook for Navigating the Gabon Hydrocarbon Code: Mature and Marginal Fields

This playbook addresses the regulatory shifts under Gabon's Loi n° 002/2019, offering a strategic overview for international resource companies operating mature and marginal fields. Key changes include fiscal adjustments for deep offshore projects and a progressive mining royalty framework. The playbook details operational compliances like enhanced Cost Oil ceilings (75-80%) and outlines obligations regarding operator roles and preemption rights exercised by Gabon Oil Company (GOC). Practitioners will gain insights into asset disposition mandates requiring ministerial sanctioning and local content compliance plans, highlighting recruitment, subcontracting, and training fund contributions within Gabon's evolving hydrocarbons landscape.