ONE-Dyas reaches agreement to extend its participation in the Kowe project, Gabon
26-11-2019 07:28:00 | by: Pie Kamau | hits: 2039 | Tags:

ONE-Dyas, a  Dutch oil and gas firm has successfully concluded its negotiations with the Gabonese authorities in relation to its interest in the Kowe block. 

As a result, ONE-Dyas will hold rights until the end of production in 2036 under a single tax regime applicable to operations at the Kowe block.

The Kowe Block is 100 meters in water depth and is  located approximately 20 kilometers offshore Gabon, containing three fields - Tchatamba Marin, Tchatamba South, and Tchatamba West - the Tchatamba Complex. 

ONE-Dyas BV is the largest privately owned exploration and production operating company in the Netherlands, with 200 million boe of reserves and in total some 700 million boe or unrisked prospective resources, presently producing some 35,000 boe / day from its fields in the North Sea and offshore Gabon.