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Shell signs new offshore upstream deals with CNOOC and CNPC; China and Gabon

Green Car Congress

JULY 25, 2012

Shell has also entered an agreement with CNOOC for its participation in two Shell exploration blocks offshore Gabon, West Africa. In Gabon, CNOOC will acquire a 25% participating interest in offshore exploration blocks BC9 and BCD10. Moreover, we are very pleased to have entered the farm-out agreement with CNOOC in Gabon.

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Gabon China Oil-Sands Gas 218
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Platts: June OPEC output of 32.73M barrels of crude per day, highest since Aug. 2008

Green Car Congress

JULY 11, 2016

Meanwhile, OPEC added a new member in July—Gabon—and next month Nigeria’s Mohammed Barkindo will take over as the group’s secretary general. Analysts said these two decisions which were taken at the June meeting could lay the groundwork for future cooperation on bigger issues.

Saudi Arabia 150
Saudi Arabia 2008 Iran Niger 150
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