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Gabon Oil Company Chief Executive Officer (CEO) to Highlight Regional Energy Cooperation at Congo Energy & Investment Forum | Global News Avenue

Gabon Oil Company Chief Executive Officer (CEO) to Highlight Regional Energy Cooperation at Congo Energy & Investment Forum

Energy capital and electricity

Energy capital and electricity

Marcellin Simba Ngabi, CEO of Gabonese Petroleum Company (GOC), has been confirmed as spokesperson for the Congo Energy and Investment Forum (CEIF), which will be held in Brazzaville from 25 to 26 March 2025. As leader of Gabon’s national oil company, Ngabi will showcase the country’s efforts to attract investment into its oil and gas industry, including the GOC’s strategy to increase production to 220,000 barrels per day and unlock the value of marginal fields.

In his speech, Ngabi will highlight the GOC’s recent achievements, including the 2023 acquisition of the assets of Assala Energy, which saw the company expand its portfolio with seven onshore licenses, a pipeline network and the Gamba export terminal. These developments strengthen Gabon’s production and export capabilities and highlight the key role of the national oil company in driving Africa’s energy ambitions.

The first Congolese Economic and Investment Forum will be held in Brazzaville on March 25-26, 2025, bringing together international investors and local stakeholders to explore national and regional energy and infrastructure opportunities. The event will explore the latest natural gas power projects and provide updates on expansions underway across the country.

Gabon’s participation in the CEIF reflects the broader energy cooperation and regional integration underway in Central Africa. The Republic of Congo and Gabon have significant infrastructure and opportunities to adapt their energy strategies, particularly in the oil and gas sector, where cross-border projects and resource optimization can benefit both countries. CEIF 2025 will provide a platform to explore synergies, foster partnerships and discuss the role of collaborative initiatives in promoting regional energy security and development.

In addition, Ngabi is expected to provide insights into Gabon’s upstream growth, such as BW Energy’s rapid development of the Hibiscus South satellite mine, which added 5,000-6,000 b/d just 5 months after discovery. Gabon is also advancing gas monetization through its gas master plan, which includes Perenco’s $1 billion Cap Lopez LNG terminal, expected to come online in 2026, and the operational Batanga LPG plant, which supports reductions in flaring and Downstream expansion.

“Gabon Petroleum’s participation in the Congo Energy and Investment Forum reflects the importance of collaboration and innovation in driving growth in Africa’s energy sector,” said James Chester, CEO of Energy Capital & Power. “National oil companies like GOC play a key role in transforming the continent’s energy value chain and positioning Africa as a competitive global energy leader. The engagement of regional stakeholders like Gabon underlines Central Africa’s energy future interconnectedness and the need for unified progress.”

For more information about the Congo Energy and Investment Forum and to ensure your participation, please visit https://CongoEnergyInvestment.com/.

Distributed by APO Group on behalf of Energy Capital&Power.

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