Insight

Sub-Sahara Africa upstream: 5 things to look for in 2017

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about Subscriptions

Already have subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

For further information about this report submit the form below.

Report summary

In 2017, Sub-Sahara Africa's first FLNG project will come onstream in Cameroon. Two more projects – Coral FLNG and Fortuna FLNG – in Mozambique and Equatorial Guinea, are expected to take FID. Fresh oil production is expected with the start-up of Angola’s Block 15/06 NE and the 350 million barrel Moho Nord development in Congo. On the deal front, Cobalt International will conclude the sale of Blocks 20 and 21 in Angola and ExxonMobil will buy into Area 4 in Mozambique. Further E&A wells will be drilled in emerging basins in Mauritania and Senegal, with Kosmos targeting four billion barrels of oil. ExxonMobil will appraise the Owowo discovery in Nigeria. A change in leadership is on the cards in Angola: President Eduardo dos Santos will step down to be replaced by close associate, defence minister João Lourenço. The move ensures political continuity and stability, and means little will change in terms of oil industry policy.

What's included

This report contains

  • Document

    Sub-Sahara Africa upstream: 5 things to look for in 2017

    PDF 293.71 KB

Table of contents

  • 1. Sub-Sahara Africa is leading the way in FLNG developments
  • 2. Majors to high-grade asset portfolios
  • 3. Fresh production in Angola, Congo and Nigeria
  • 4. E&A: excitement and anticipation
  • 5. A raft of major political and fiscal changes will have limited near term impact
  • Wood Mackenzie’s planned research trips in 2017

Tables and charts

This report includes 3 images and tables including:

Images

  • LNG production by project
  • FOB Breakeven by project
  • Sub-Sahara Africa upstream: 5 things to look for in 2017: Image 3

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898