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Interruption of the Flow of Crude Oil on the 12’’Pipeline in Gabon

Source: www.gulfoilandgas.com 9/4/2015, Location: Africa

MAUREL & PROM has been notified by the Association Coucal, operator of the 12’’ pipeline, of a force majeure situation leading to an interruption of the flow of crude oil in the section between Coucal and the junction with the 18-inch Rabi Nord pipeline.

This situation, resulting from a break in the 12-inch pipeline in a forested area 2.5 km from Coucal, has led to Maurel & Prom Gabon completely shutting down its production.

According to the operator, production should resume within a week at the latest. The current production capacity of the Ezanga permit producing fields (M&P operator, 80%) is around 29,000 bopd. The Group will inform its shareholders when production resumes.

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