Insight
Sub Saharan Africa upstream: 5 things to look for in 2023
Report summary
Sub Saharan Africa's upstream sector is firmly back on the agenda. We look ahead to the key themes to watch in 2023. What's in store for the world's hottest new exploration basin in Namibia's Orange basin? Where are investment levels heading and will we see the M&A hurdles faced in 2022 overcome? Upstream projects across the region are facing growing headwinds as the energy transition gather pace, threatening over US$50 billion of investment. Which developments might be at risk?
Table of contents
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Executive summary
- 1. All eyes on Namibia’s Orange Basin, as Shell and TotalEnergies hope to ripen its newfound riches
- 2. A bumper year for new field start-ups.
- 3. Greenfield final investment decisions are back
- 4. M&A: No shortage of assets for sale, but deal completion mired in challenges
- 5. Bumps in the road for African projects?
- What to look for in 2023 – a regional upstream series
Tables and charts
This report includes 3 images and tables including:
- Namibia’s red hot Orange basin
- Production by field start-up year
- Capex at risk?
What's included
This report contains:
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