Strategy
Assala Energy’s strategy is to seek out brown-field assets where an opportunity exists to streamline operations, by making them more efficient. We are committed to long term investment and building solid returns for our shareholders and host countries.
Assala Energy takes inspiration
from its namesake.
Gabon is one of the last strongholds for African forest elephants. Assala is the local name given to smaller, individual elephants known for their vitality and tenacious character. Indeed, the forest elephant’s small size is an evolutionary achievement enabling it to be discrete, move freely and thrive in its dense forest environment.
Assala Energy aims to be a first-choice, trusted partner to our host countries and their communities.
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Assala Energy will optimize the work that has been achieved on the assets it acquires. Assala Energy’s operational strategy is to increase production by maximising uptime, ensuring high maintenance standards and unlocking the value within and around our producing assets.
Our development projects are fit-for-purpose, cost-effective and low-risk. Asset integrity, workovers, well intervention, strong reservoir management, optimization and additional infill drilling are our first priorities.
Assala Energy will create sustainable revenues for the company’s shareholders by extending field life. We will contribute to national and local economies through the payment of taxes, steady production and the continued provision of jobs.
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Operations
ASSALA ENERGY IS THE SECOND LARGEST OIL PRODUCER IN GABON.
Assala operates five licences (Rabi Kounga II, Toucan II, Bende M’Bassou Totou II, Koula/Damier and Gamba/Ivinga) and holds interests in four non-operated licences (Atora, Avocette, Coucal and Tsiengui). Furthermore, we acquired in 2019 three onshore exploration licences (Mutamba-Iroru II, Nziembou II & Ozigo II), opening new development opportunities for Assala Gabon.
ASSALA ENERGY WILL OPTIMIZE THE WORK THAT HAS ALREADY BEEN CARRIED OUT ON THE ASSETS IT ACQUIRES.
Assala Energy’s operational strategy is to increase production by maximising uptime, ensuring high maintenance standards and unlocking the value within and around our producing assets.
Our development projects are fit-for-purpose, cost-effective and low-risk. Asset integrity, workovers, well intervention, strong reservoir management, optimization and additional infill drilling are our first priorities.
Assala Energy will create sustainable revenues for the company’s shareholders by extending field life. We will contribute to national and local economies through the payment of taxes, steady production and the continued provision of jobs.
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Assala Energy’s Subsurface Department will balance its resources initially on short-term cash flow generation.
In the medium to long term, Assala Energy will ensure growth and value through Technology and Innovation, Exploration, and new Business
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Assala Energy’s Subsurface Department will balance its resources initially on short-term cash flow generation.
In the medium to long term, Assala Energy will ensure growth and value through Technology and Innovation, Exploration, and new Business.
Enhance Oil Recovery (EOR) will extend the field-life of mature assets. Tight and unconventional formation will extend drastically the reserves potential. A core strength of Assala Energy will be its internal culture which actively encourages the use technology & innovation to leverage the upsides of our assets.
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Assala Energy puts its people first. The highly qualified management team has extensive experience in the industry, hailing from majors and juniors alike, with a focus in Africa.
Assala Energy invests to empower employees to reach their full potential, while working to the highest health and safety standards. Assala Energy supports equal opportunities employment.
Our Investor
Carlyle Group is an Anglo-American equity fund
$176
billion of assets under management
170
Fund of funds vehicles
1 650
professionals operating in 35 offices
Carlyle Group is an Anglo-American equity fund with $176 billion of assets under management across 128 funds and 170 fund of funds vehicles. Founded in 1987 in Washington, DC, Carlyle has grown into one of the world’s largest and most successful investment firms, with more than 1,650 professionals operating in 35 offices in North America, South America, Europe, the Middle East, Africa, Asia and Australia.
The Carlyle Group has a strong track record in investing in Oil and Gas with several funds including Carlyle / Riverstone and Carlyle International Energy Partners (CIEP).
CIEP is made up of former oil executives who focus on supporting companies both financially and with their experience to create value for the company. Launched in 2013 and with $2.5 billion USD, CIEP targets investments exploration and production (E&P), mid- & downstream, refining and marketing (R&M) and oil field services (OFS) outside North America
Our Values
Assala Energy takes a holistic approach to doing business. We strongly believe that to create a long-term, profitable business we must be responsible for our actions today so we can plan and construct a positive future for our stakeholders.
Assala Energy’s Values are core to the way the company does business.
We pledge to:
Operate responsibly and safely.
Empower our employees to reach their potential.
Build win-win partnerships with governments and local communities to ensure long-term benefit from our operations.
Increase field life cycles and production through asset integrity and strategic investment.
Engage in robust financial management.
Commit to the application of international best practice environmental standards.
Contact Us
The London office
Assala Energy UK Limited
The Metro Building, 1 Butterwick, London W6 8DL, UK
Tel: +44 203 314 8560
The Port-Gentil office
Assala Gabon SA
Port-Gentil, BP 146, Rue Roger Butin, Gabon
Tel: +241 01721130