Insight
Northern Africa 2013 - a year in review
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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.
Table of contents
- Security deteriorates
- Libyan oil production plunges, whilst Algerian and Egyptian gas production decline
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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?
Tables and charts
This report includes 4 images and tables including:
- Northern Africa oil and gas production 2005-2020
- Northern Africa Upstream Capex 2005-2018
- Northern Africa Upstream M&A deals 2013
- Northern Africa 2013 - a year in review: Image 2
What's included
This report contains:
