Insight

Sub Sahara Africa: the month in review

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Report summary

Nigeria has seen a flurry of activity over the past month: Oando Energy Resources has finally completed its purchase of Conoco’s Nigerian assets; the Shell-operated Bonga Northwest field came onstream while ExxonMobil-operated OPL 214 was converted to OML 145; and Sinopec walked away from its acquisition of Usan. LNG projects around Africa had mixed fortunes – the new law for LNG projects in Mozambique moved closer to being enacted, but Angola LNG faces further delays to the plant restarting.

Table of contents

  • Oando Energy Resources finally completes purchase of Conoco’s Nigerian interests
  • Progress in deepwater Nigeria
  • Eni discovers 500 mmboe in-place volumes in shallow water Gabon
  • Award of licences in Gabon’s deep water
  • New law for LNG projects in Mozambique may be passed in August
  • Total remarkets its 20% interest in OML 138 and the Usan project
  • Angola LNG remains in trouble

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