馃嚞馃嚘GabonCentral Africa
Maurel & Prom increases Gabon oil production to nearly 14,000 barrels per day in first half of 2026
via Gabon Review3 min read
Maurel & Prom M&P reported an increase in its oil production in Gabon during the first half of 2026, despite a slight slowdown in activity in the second quarter due to maintenance operations on the Ezanga field. The French group's revenue in Gabon surged by 34% compared to the second half of 2025, driven by rising crude oil prices and progress on its first Gabonese gas project. The Ezanga oil permit, M&P's main asset in Central Africa, continues to support the group's performance in Gabon. M&P's share of oil production, where it holds 80% of the permit, reached 13,896 barrels per day during the first six months of the year, a 1% increase from the second half of 2025. This growth occurred despite a two-day scheduled shutdown for general field maintenance in the second quarter. By July, Ezanga's production reached approximately 17,500 barrels per day at 100%, corresponding to nearly 14,000 barrels daily for M&P's share. Financially, Gabon remains the group's primary revenue source, generating $228 million in the first half of 2026, up from $169 million in the second half of 2025, a 34% increase. Compared to the first half of 2025, the increase was 20%. Maurel & Prom benefited from rising oil prices, with the average selling price per barrel at $103.8, a 53% increase from the second half of 2025, contributing to a consolidated revenue of $366 million, up 27%. Globally, the group's total production, including operations in Venezuela, Angola, Tanzania, and Colombia, was 37,890 bar
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