Page 11 - AfrOil Week 30

AfrOil PIPELINES & TRANSPORT AfrOil

Bolloré wins transportation services

contract in Gabon from Assala Energy

GABON ASSALA Energy, a Gabon-based subsidiary of Koula/Damier, Rabi Kounga-II and Toucan-II
the Carlyle Group (US), awarded a transport sites and exploration licences for the Mutamba/
services contract to Bolloré Transport & Logis- Iroru-II, Nziembou-II and Ozigo-II sites. Addi-
tics of France last week. tionally, it is working as a sub-contractor at the
The French company made an announce- Atora, Avocette, Coucal and Tsiengui sites.
ment confirming the signing of a four-year con- Gabon, a member of OPEC, has indicated
tract on its LinkedIn page. The announcement that it wants to increase oil output levels by
did not reveal the value of the deal, but it did say 50% on the current level of 200,000 barrels per
that Bolloré had agreed to provide dedicated day (bpd) before the end of 2021. To this end,
transport services for the Gamba, Koula, Rabi it launched its 12th offshore licensing round
and Toukan oilfields in Gabon. earlier this year. Bidding was due to have been
Under the contract, the French firm will completed on April 30, but the government has
deploy more than 100 vehicles – pickup trucks, pushed the closing date back in light of the coro-
buses and light commercial vehicles – at the navirus (COVID-19) pandemic. ™
fields. It will be responsible for operating and
maintaining all of these vehicles over the four-
year life of the agreement.
The deal will serve to expand Bolloré’s oper-
ations in Gabon. The company already has an
oil and gas logistics base in Port-Gentil and also
offers air transit, commodities, logistics, mari-
time and port, road freight, sea and land transit
and value-added warehousing services. It serves
customers in the timber, automotive, mining
and telecommunications sectors.
Assala Energy has been active in Gabon
since 2017. Since then, it has invested more than
$300mn in the country, drilling more than 10
new wells and rehabilitating another 44 existing
wells. After Total (France), it is the second larg-
est producer of hydrocarbons in Gabon.
The company holds development licences for
the Bende M’Bassou Totou-II, Gamba/Ivinga, The French firm will deploy more than 100 vehicles iin Gabon (Photo: Bolloré T&L)

INVESTMENT
Russia’s Lukoil acquires

stake in Sangomar block

SENEGAL LUKOIL, Russia’s second largest crude oil pro- a bonus payment of of up to $100mn for Cairn
ducer, reported on July 27 that it had arranged to Energy after production launches.
buy a 40% stake in the Rufisque, Sangomar and The block is estimated to hold total recov-
Sangomar Deep (RSSD) project in Senegal for erable hydrocarbons in place for the project of
$300mn from Cairn Energy (UK). 500mn barrels of oil equivalent (boe). Australia’s
The new offshore deal for RSSD, also known Woodside Energy has a 35% stake in the pro-
as the Sangomar block, is expected to close in the ject, while Australia’s FAR has 15% and Sene-
fourth quarter of 2020, subject to the Senegalese gal’s state-owned Petrosen another 10%, with
government’s approval. It includes provisions for an option to increase its stake to 18%.

Week 30 29•July•2020 www. NEWSBASE .com P11