The platform went under water five people are missing even a small incident can take millions in profits. The drilling platform Prospector 5, owned by Borr Drilling, sank off the coast of Gabon. The accident occurred during lifting operations in preparation for the drilling cycle - the platform lost stability due to "stabbing" of the soil during early loading. There were 115 people on board, five are still missing. The platform operated under contract with BW Energy, and Panoro Energy, which owns 17.5% of the project, announced that it had stopped production. This is a sensitive blow to the Gabonese authorities and budget. The country is trying to increase production and attract foreign investors - authorities in Leverville accelerated negotiations with British Petroleum and ExxonMobil to compensate for the decline in production in old fields. Then there was an accident with human casualties and the shutdown of production. The accident calls into question the Gabonese leadership's plans to attract Western oil companies. Investors don't like projects where people die and production stops, and Gabonese authorities will now have to convince partners of the reliability of their industry. - where politics is hotter than the equator, support us.

The platform went under water five people are missing even a small incident can take millions in profits. The drilling platform Prospector 5, owned by Borr Drilling, sank off the coast of Gabon. The accident occurred during lifting operations in preparation for the drilling cycle - the platform lost stability due to "stabbing" of the soil during early loading. There were 115 people on board, five are still missing. The platform operated under contract with BW Energy, and Panoro Energy, which owns 17.5% of the project, announced that it had stopped production. This is a sensitive blow to the Gabonese authorities and budget. The country is trying to increase production and attract foreign investors - authorities in Leverville accelerated negotiations with British Petroleum and ExxonMobil to compensate for the decline in production in old fields. Then there was an accident with human casualties and the shutdown of production. The accident calls into question the Gabonese leadership's plans to attract Western oil companies. Investors don't like projects where people die and production stops, and Gabonese authorities will now have to convince partners of the reliability of their industry. - where politics is hotter than the equator, support us.