BW Energy Gabon has received approval from the Ministry of Oil and Gas of the Gabonese Republic to extend the Dussafu Marin production license offshore Gabon, West Africa.
The license period has been extended to 2053 from 2028, inclusive of three 5-year option periods from 2038 onwards. The prior contract was until 2038 inclusive of two 5-year option periods from 2028 onwards.
The extra time “provides long-term visibility for production, investments, and reserve development” of the operator’s “core producing asset,” the company said in a release Apr. 7.
Ongoing license projects include MaBoMo Phase 2, with planned first oil in second-half 2026, and the Bourdon development following its discovery last year. The timeline also “strengthens the foundation for future infrastructure‑led growth opportunities across the adjacent Niosi and Guduma licenses, both operated by BW Energy,” the company continued.
The Dussafu Marin permit is a development and exploitation license with multiple discoveries and prospects lying within a proven oil and gas play fairway within Southern Gabon basin. To the northwest of the block is the Etame-Ebouri Trend, a collection of fields producing from the pre-salt Gamba and Dentale sandstones, and to the north are Lucina and M’Bya fields which produce from the syn-rift Lucina sandstones beneath the Gamba.
Oil fields within the Dussafu Permit include Moubenga, Walt Whitman, Ruche, Ruche North East, Tortue, Hibiscus, and Hibiscus North.
BW Energy Gabon is operator at Dussafu (73.50%) with partners Panoro Energy ASA (17.5%) and Gabon Oil Co. (9%). Dussafu.