Insight

Sub-Saharan Africa: review of 2018

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First production from the most expensive projects ever in Angola and Nigeria, Africa's first FLNG and FIDs in Senegal and Angola were highlights in an otherwise underwhelming year in Sub-Saharan Africa. High profile wells in Senegal, The Gambia and Namibia disappointed as discovered volumes reached a 25 year low. Investment remained flat as the era of mega-projects gave way to smaller incremental investments and M&A deals totalled just US$1.7 billion. Our review of 2018 provides key statistics for the year in Sub-Saharan Africa, including investment trends, M&A, exploration, project sanctions and production.

Table of contents

  • Disappointment for Sub-Saharan Africa as exploration fails to deliver

Tables and charts

This report includes 1 images and tables including:

  • Sub-Saharan Africa: Hot and not in 2018

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  • Document

    Sub-Saharan Africa_review of 2018.pdf

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