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Maurel et Prom shares dive as Gabon accounts for more than half of its production

Clyde Edgerton by Clyde Edgerton
August 30, 2023
in Markets
Maurel et Prom shares dive as Gabon accounts for more than half of its production
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Maurel et Prom shares
MAU,
-15.40%
slumped 12% in early Paris trade after military officials took control of Gabon. The company’s share of oil production from Gabon was 15,779 barrels per day in the first half, or 58% of total production. TotalEnergies and Perenco are among the other western oil companies with operations in the country.

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