Small OPEC Producer To Start New Oil Project Despite Pledge To Cut Output ...Middle East

OILPRICE - Economy
Small OPEC Producer To Start New Oil Project Despite Pledge To Cut Output
source : OILPRICE ( Middle East ) () 27
Gabon, a small African oil producer and OPEC member, is days away from first oil at a new offshore development despite joining the surprise new OPEC+ cut of over 1 million barrels per day (bpd) announced on Sunday. Gabon, which pumps around 200,000 bpd, will see in the next few days first oil from the Hibiscus / Ruche Phase 1 development campaign in the Dussafu offshore license, the drilling contractors and the operator of the license said on Monday. Norway-based BW Energy said it had completed the drilling and completion operations on DHIBM-3H,…

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