Maurel & Prom : UPDATE ON THE SITUATION IN GABON
Paris, 21 October 2016
N°16-16
UPDATE ON THE SITUATION IN GABON
A strike organised by the national oil workers' union Organisation nationale des employés du pétrole (Onep) began on 17 October 2016 while, in accordance with regulations, discussions were underway between the union representatives, the labour inspectorate Inspection Spéciale du Travail, and the management of Maurel & Prom Gabon.
On 18 October, given the risks that may result from the behaviour of certain strike agitators, the Group was forced to reduce production from the Ezanga fields (operated by Maurel & Prom, 80%) to preserve the safety of non-strikers and the integrity of the facilities. Consequently, the production has been reduced from over 28,000 bopd to approximately 10,000 bopd.
The Group wishes to emphasise that Management, for its part, is fully focused on finding a solution via the meetings underway, with due respect for all parties' rights and obligations. Consequently, contrary to some assertions, no penalty decision has been taken to date by the Company with regard to the 11 employees of Maurel & Prom Gabon.
In these circumstances, the oversight authorities have decided to put measures in place to strengthen personal and site safety. The situation was the subject of a detailed press release issued by the Gabon Ministry of Oil and Hydrocarbons.
For more information:
https://directinfosgabon.com/greve-a-maurel-prom-reaction-ministere-petrole-hydrocarbures/
Next publication
27 October 2016, after markets close: Q3 2016 Sales
For more information, visit: www.maureletprom.fr
Maurel & Prom
Tel: +33 (0)1 53 83 16 00
Press contacts, shareholder and investor relations
Tel: +33 (0)1 53 83 16 45
[email protected]
| Français | Anglais | ||
| pieds cubes | pc | cf | cubic feet |
| pieds cubes par jour | pc/j | cfpd | cubic feet per day |
| milliers de pieds cubes | kpc | Mcf | 1,000 cubic feet |
| millions de pieds cubes | Mpc | MMcf | 1,000 Mcf = million cubic feet |
| milliards de pieds cubes | Gpc | Bcf | billion cubic feet |
| baril | b | bbl | barrel |
| barils d'huile par jour | b/j | bopd | barrels of oil per day |
| milliers de barils | kb | Mbbl | 1,000 barrels |
| millions de barils | Mb | MMbbl | 1,000 Mbbl = million barrels |
| barils équivalent pétrole | bep | boe | barrels of oil equivalent |
| barils équivalent pétrole par jour | bep/j | boepd | barrels of oil equivalent per day |
| milliers de barils équivalent pétrole | kbep | Mboe | 1,000 barrels of oil equivalent |
| millions de barils équivalent pétrole | Mbep | MMboe | 1,000 Mbbl = million barrels of oil equivalent |
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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Maurel & Prom via Globenewswire
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