BW Energy announced that the Company has agreed a 25‑year extension of the Dussafu Marin production licence offshore Gabon. Following an agreement with the Ministry of Oil and Gas of the Gabonese Republic, the licence period has been extended from 2028 to 2053.

The extended licence provides long‑term visibility for production, investments, and reserve development at BW Energy’s core producing asset. It supports the continued execution of ongoing projects at Dussafu, including MaBoMo Phase 2 and the planned Bourdon development. The new timeline also strengthens the foundation for future infrastructure‑led growth opportunities across the adjacent Niosi and Guduma licences, both operated by BW Energy.

“The extension is an important milestone for BW Energy and reflects our strong partnership with the Gabonese authorities. It provides a robust long‑term framework for continued investment and production growth across the Dussafu area,” said Carl K. Arnet, CEO of BW Energy. “We remain committed to responsible resource development and to contributing to sustainable economic activity and long‑term value creation in Gabon.”

BW Energy operates the Dussafu Marin licence and holds a 73.5% working interest.