FirstAfrica more for Gabon

摘要

FirstAfrica has said it is going to have to raise more money before it can complete its FPSO project offshore Gabon.The firm is currently drilling a fifth producing well on the East Orovinyare oil field (EOV). Facilities fabrication has progressed in parallel with the drilling programme. The platform is 80% complete, with installation now planned for the first quarter of 2007 and production to start shortly thereafter. As previously revealed by E&P Daily (see 14 August) Fred Olsen is expected to be awarded the FPSO contract.