Oslo-listed oil and gas exploration and production company BW Energy has made significant progress in preparations for its planned drilling program offshore Gabon, with operations scheduled to commence in July 2026. The company is simultaneously advancing projects in Namibia and Brazil as part of its broader growth strategy.
The MaBoMo phase 2 drilling campaign in the Dussafu license offshore Gabon will comprise four production wells, with two additional appraisal wells under consideration. The FPSO BW Adolo, which has been operating on the Dussafu Marin license since first oil in 2018, processes production from the Hibiscus/Ruche project alongside the established Tortue production before offloading to oil tankers via a 20-kilometer pipeline connection.
Net production from the Dussafu license averaged 22,400 barrels of oil per day during the fourth quarter, representing a decrease compared to the previous year due to natural decline and downtime from an electric submersible pump failure late in the quarter. BW Energy is also progressing the Bourdon discovery toward a final investment decision based on three initial wells and a development concept aligned with the MaBoMo infrastructure.
“In Gabon, we are set to start drilling on MaBoMo phase 2 in the third quarter with first oil expected later in 2026, and the Bourdon development is moving towards sanction, further supporting delivery of industry-leading production growth to around 90,000 barrels per day in 2028,” said Carl K. Arnet, BW Energy’s Chief Executive Officer.
The company’s Maromba development in Brazil’s Campos Basin is also progressing according to plan, with the jack-up rig recently arriving at a facility in Dubai to commence conversion work into a combined wellhead and drilling platform. A final investment decision for the Maromba field, which targets 500 million barrels of oil in place, was reached in May 2025. First oil from the Brazilian project is scheduled for late 2027, with anticipated plateau production of 60,000 barrels of oil per day.
In Namibia, the Kharas-1A appraisal well was completed in November 2025, confirming a working petroleum system with condensate and light oil. BW Energy is conducting further analysis to determine the extent of the petroleum system and to characterize reservoir properties and appraisal options.
“During the fourth quarter, we completed the Maromba financing with a long-term lease for the development rig acquisition and refurbishment which ensures a highly efficient liquidity structure. Combined with strong underlying cash generation, we are well positioned to deliver continued growth and long term value for our shareholders,” Arnet explained.
Source: offshore-energy.biz