AGP Executive Report
Last update: 7 hours agoOil & Finance: Tullow Oil lifted its annual free cash flow forecast to $170–250m (from $70–175m) and expects production at the top end of its 34,000–42,000 boe/d range, citing stronger Ghana output, better oil prices, and progress in recovering funds owed by Ghana; the firm says it has been reshaping its business by selling assets in Gabon and Kenya and extending licences for its Jubilee and TEN fields to 2040. Offshore Gabon Energy: Vaalco Energy reported the ETBNM-3 gas-supply well is onstream in the North Tchibala structure, with reservoir quality above expectations and over 10m net pay, aimed at powering field operations and reducing diesel costs; the company also began the ETSEM-3PH pilot hole and planned horizontal development near the SE Etame central fault block. Youth Basketball (Gabon in focus): The 2026 FIBA U18 AfroBasket opened in Abidjan, with Gabon facing Madagascar in the opening day action; rosters were confirmed with Gabon in Group B alongside Mali, Madagascar and Morocco. Regional Connectivity: Air Peace launched scheduled Lagos–Douala–Libreville flights, boosting travel links between Nigeria, Cameroon and Gabon. Diplomacy: Sierra Leone’s President Julius Maada Bio hosted Gabon’s President Brice Clotaire Oligui Nguema for talks on a structured partnership spanning natural resources, agriculture, maritime security, trade and democratic governance.
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