Sub-Saharan Africa investment and cost trends: have costs fallen far enough?



You can pay by card or invoice



You can pay by card or invoice

Get this Insight as part of a subscription

Enquire about subscriptions

Already have a subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.

Report summary

2017 operating costs in Sub-Saharan Africa have been cut by more than US$2.4 billion since the oil price fall. Cheaper services, optimisation and deferred project start-ups have helped realise savings in a US$50/bbl world. However, stubbornly high labour and logistical costs, and the shift from capital investment to field maintenance have increased the per-barrel operating cost in some countries. Production is down from our pre-price crash forecast and only three projects reached FID in the last three years. With exploration at historic lows and Pre-FID projects still requiring lower costs, Sub-Saharan Africa is not out of the woods yet.

What's included

This report contains

  • Document

    Sub Saharan Africa Investment and Cost Trends.pdf (2)

    PDF 1.63 MB

Table of contents

  • No table of contents specified

Tables and charts

No table or charts specified

Questions about this report?

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