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Gabon Oil Company Overview

Patrichi Christian TANASA

Administrator and General Director

GABON OIL

We are deploying new development strategies that take into account the new hydrocarbons environment in Gabon and the human potential of its highly qualified employees.
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Gabon Oil Company in figures

GOC’s share in Gabon’s oil licences:Up to 15%

Permits in which GOC acquired shares from Perenco in 2018:32

Gabon Oil Company

Capturing value responsibly

Gabon Oil Company (GOC) is the upstream arm of NOC Gabon Oil, which also controls downstream arm Gabon Oil Marketing. GOC can hold stakes of up to 15% in each of the country’s oil-producing blocks. The company’s key milestones include:

  • 2011: GOC created
  • 2016: GOC granted the power to represent the state in upstream activities
  • 2016: Gabon Oil Marketing is created
  • 2018: GOC acquires minority shares in 32 permits in a deal with Perenco
  • 2019: GOC acquires a 10% participation interest in the Dussafu licence from BW Offshore
  • 2020: a proposed merger between GOC and Gabon’s sole refinery, Sogara, is abandoned

GOC also holds a majority share in SGEPP, Gabon’s only company in charge of the storage

of oil products and gas conditioning; a majority share in Pizolub, the country’s sole producer of lubricants; and a minority share in the Bourbon Gabon joint venture, created to design and operate vessels to explore Gabon’s seabed.

Gabon Oil Company features

Interview
Gabon -

Patrichi Christian Tanasa, administrator and general director of Gabon Oil, talks to TOGY about the latest developments in…

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Interview
Gabon - September 5, 2019

Nicolas Balesme, managing partner at Deloitte Gabon and regional leader for Deloitte in Central Africa, talks to TOGY about the drivers of development in Gabon, the new…

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Interview
Gabon - July 25, 2019

Erik Watremez, country managing partner at EY in Gabon and partner in charge of the energy sector for the Francophone sub-Saharan countries, talks to TOGY about the…

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Interview
Gabon - April 28, 2016

Societe Gabonaise de Raffinage (Sogara) director general Pierre Reteno N’Diaye talks to TOGY about the ageing infrastructure’s profitability and its role in…

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