Gabon’s Revised Hydrocarbon Code Positions Nation as Premier Investment Destination, Affirms Flamboyans Services CEO Yann Pierre Yangari
LIBREVILLE, Gabon – June 6, 2026 – In a comprehensive assessment delivered to The Energy Year, Mr. Yann Pierre Albert Livulibutt YANGARI, Founder and CEO of Flamboyans Services, characterized Gabon’s ongoing regulatory transformation as a watershed moment for upstream investment in Central Africa. The executive detailed how the government’s revised hydrocarbon framework, developed in direct consultation with oil and gas investors, is creating a markedly more business-friendly environment conducive to accelerated exploration and development activity. According to Mr. Yangari, the previous administration’s bureaucratic approach—characterized by selective, one-to-one relationships with limited actors—has given way to a transparent, accessible regime where prospective investors can approach the Ministry of Oil and Gas directly, review available acreage through the upstream directorate, and expeditiously advance toward negotiations. « Gabon is preparing a revised hydrocarbon code with input from oil and gas investors to create a more business-friendly framework, » he stated, emphasizing the ministry’s willingness to exercise flexibility on commercial terms to facilitate project realization. The CEO highlighted that Gabon’s principal objective is to catalyze discoveries, particularly in deep offshore zones, where major international players including ExxonMobil and BP are presently repositioning their interests. Concurrently, marginal and mature fields are being strategically calibrated to attract greater participation from indigenous Gabonese operators, thereby cultivating a robust pool of local operating companies. This dual-track approach—simultaneously courting international majors while developing domestic capabilities—reflects a sophisticated understanding of the petroleum economics governing successful hydrocarbon jurisdictions.
