International oil companies in Gabon have adopted a ‘business as usual’ approach since General Brice Clotaire Oligui Nguema’s coup last August, as expressed by Vaalco Energy’s chief executive George Maxwell in an interview with African Energy.
But the government’s decision to step in and use the state-owned Gabon Oil Company to acquire Assala Energy – thus sidelining French independent Maurel & Prom which had planned to buy the business – points to a more activist approach from the recently-installed authorities in Libreville.
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