AGP Executive Report
Last update: 4 hours agoPorts: A.P. Moller Capital agreed to acquire Portek International from Mitsui, adding a portfolio with interests in seven terminals, including Gabon. The deal is subject to regulatory and other approvals. Oil and Gas: BW Energy confirmed commercial oil in two Dussafu appraisal wells, with an estimated 8–9 million barrels of gross recoverable resources supporting two additional production wells. Separately, it secured $208 million in lease financing for the Bourdon platform, targeting first oil in 2028. Investment Climate: Gabon has proposed petroleum-code reforms to improve returns and attract deepwater investment. Power: Aurion Capital signed an MoU with Gabon and utility SEEG for a proposed 150–450 MW gas-fired power program in Greater Libreville, intended to support rising demand and local industry. The company says the project could attract more than $1 billion, with no government financing commitment.
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