(AOF) – The Maurel & Prom Group (“M&P”) confirms the holding last week of discussions between the managers of M&P Gabon and the representatives of the inhabitants of the surroundings of the Ezanga permit following their requests in terms of employment and economical consequences. These discussions took place with the support of the Gabonese authorities and made it possible to quickly reach an agreement thanks to which expansions of current ESG programs will be studied and proposed in the coming weeks.
The oil group specifies that production has not been affected at any time.
Furthermore, the approval process for the acquisition of Assala is currently underway with the Ministries of Oil and Economy of Gabon, as well as CEMAC.
AOF – LEARN MORE
Find out more about the “oil and oil services” sector
Biogas to green activities
Obtained through the decomposition of waste, it falls into the category of green energy. It is part of the strategy of many countries, particularly in Europe, to reduce their dependence on hydrocarbon imports. Oil groups have strong ambitions in the field, as two recent operations reveal. The British BP took over the American Archaea Energy for 4.1 billion dollars. Then, the Anglo-Dutch Shell announced the acquisition of the Danish Nature Energy for $2 billion. These operations display high valuation levels, highlighting the strong potential of the sector. TotalEnergies had already taken a stake in the American Clean Energy Fuels Corp in 2018, of which it now holds 19%. It recently joined forces with Veolia to recover biomethane from waste treatment facilities.