Insight
Are the Majors transitioning out of Sub-Saharan Africa?
Report summary
The Majors are positioning themselves for the energy transition. This means cutting back on oil investments and slimming down upstream portfolios to meet bold emissions targets. Traditional deepwater oil projects have given way to gas and Sub-Saharan Big Oil looks ripe for portfolio rationalisation. Mature low-value assets are obvious divestment candidates but emissions and costs will influence bigger sales. But who might be the buyers and can they step into the Major's shoes?
Table of contents
- Executive Summary
- A Major transition for Sub-Saharan Africa?
- Which assets are at risk?
- Emissions: time to walk the walk
- SSA: a high-cost region in a low-price world
- The multi-billion dollar question: who's going to buy?
- Should governments be worried?
Tables and charts
This report includes 9 images and tables including:
- Majors' production change 2020 - 2030
- NPV10 by super-region
- The Majors in Africa
- Country maturity and NPV10
- Majors' emissions intensity by country 2020-2030
- The Majors' SSA cash flows
- Unit operating costs in SSA by company
- Other key players in Sub-Saharan Africa by NPV10
- Sub-Saharan Africa's potential buyers
What's included
This report contains:
Other reports you may be interested in
14 May 2020
Webinar: Sub-Saharan Africa's response to low prices and coronavirus
Insight
Webinar: Sub-Saharan Africa's response to low prices and coronavirus
Wood Mackenzie's SSA team provide their analysis on the fall-out from the oil price crash and the coronavirus pandemic.
$1,35025 February 2020
The energy transition will hit Sub-Saharan Africa hard – is it ready?
Insight
The energy transition will hit Sub-Saharan Africa hard – is it ready?
Sub-Saharan Africa is dependent on oil and gas exports but will be first to feel the pain of the energy transition.
$1,35004 July 2019
London Sub-Saharan Africa Upstream Oil & Gas Briefing: What are the opportunities in the region?
Insight
London Sub-Saharan Africa Upstream Oil & Gas Briefing: What are the opportunities in the region?
Download presentations from the Sub-Saharan Upstream Oil & Gas Briefing 2019
$1,350
