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Northern Africa 2013 - a year in review


Northern Africa 2013 - a year in review

Report summary

2013 proved a tumultuous year for Northern Africa.  Political instability reduced production in all countries, most notably oil production in Libya.  Unsurprisingly, investment in the region was down 15% on 2012 levels.  Egypt yielded the biggest discovery with the Salamat gas-condensate field which could be up to 10 tcf.  Sinopec’s acquisition of a 33% stake in Apache Egypt for US$2.95 billion was the biggest deal in the region for many years.

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This report includes 1 file(s)

  • Northern Africa 2013 - a year in review PDF - 2.85 MB 6 Pages, 1 Tables, 3 Figures

Description

This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research.

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  • Security deteriorates
  • Libyan oil production plunges, whilst Algerian and Egyptian gas production decline
  • E&A – BP digs deep in Egypt, but few discoveries elsewhere
    • Northern Africa key 2013 locations
  • Spending down, but not as bad as it could have been
  • M&A – a shift to the east?
  • What does 2014 hold?

In this report there are 4 tables or charts, including:

  • Security deteriorates
  • Libyan oil production plunges, whilst Algerian and Egyptian gas production decline
    • Northern Africa oil and gas production 2005-2020
  • E&A – BP digs deep in Egypt, but few discoveries elsewhere
    • Northern Africa 2013 - a year in review: Image 2
  • Spending down, but not as bad as it could have been
    • Northern Africa Upstream Capex 2005-2018
  • M&A – a shift to the east?
    • Northern Africa Upstream M&A deals 2013
  • What does 2014 hold?
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