LE BRIEF

Gabon: BW Energy resumes MaBoMo production but updates guidance after a drilling rig sinking

LE BRIEF • 2026-10-30

Production resumed at MaBoMo on 28 October, with no damage reported to its equipment. BW Energy has suspended capital expenditure guidance and is reorganising drilling after the loss of Prospector 5.

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LE BRIEF — Friday, 30 October 2026 edition By the LE BRIEF newsroom Country : Gabon Source publication : 29 October 2026 Event : Production resumed on 28 October; results published on 29 October 2026 Supplied photograph: offshore oil installation. Illustration; it is verified neither as MaBoMo nor as Prospector 5 and does not depict the sinking. Provenance and reproduction rights must be validated before commercial use. Oil company BW Energy announced updated 2026 production and capital expenditure guidance on Thursday, 29 October, in the context of the sinking of the Prospector 5 drilling rig offshore Gabon on 24 October. The incident had prompted a precautionary suspension of production at the MaBoMo facilities in the offshore Dussafu area. According to the company, production resumed on 28 October after the necessary checks. BW Energy said no damage had been found on MaBoMo's production equipment. A disrupted drilling programme The loss of Prospector 5 directly affects the second phase of MaBoMo's development programme. The company must now find alternative solutions to continue the planned drilling operations. The timing of the campaign's resumption remains to be determined. BW Energy plans to reorganise some work within its wider Dussafu licence development programme. In its third-quarter report, BW Energy confirmed expected average production of approximately 23,000 bar...