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Sub-Saharan Africa upstream month in brief: 3 June 2016

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Report summary

May saw the return of militancy in the Niger Delta which at one point knocked out over 750 000 b/d of production overshadowing President Buhari's first anniversary in the job. Re structuring at Angola's Sonangol was announced with the president's daughter Isabel dos Santos assuming control of a business that will be stripped of multiple non core functions to improve efficiency. Mozambique's mounting debt crisis is causing concern for LNG investors.The Jubilee field resumed limited oil production in Ghana and first oil was achieved from Aje in Nigeria's Dahomey Basin. Cairn drilled a third successful appraisal of SNE in Senegal that is likely to result in a material reserves upgrade while Rwanda enacted its first petroleum law. This report includes the Sub Saharan Africa Upstream Data Dashboard which can be accessed in the Downloads section. The dashboard provides a snapshot of the latest licensing drilling development production corporate and M&A activity.

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    Sub-Saharan Africa Upstream Data Dashboard June 2016.pdf

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    Sub-Saharan Africa upstream month in brief: 3 June 2016

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Table of contents

  • Lead Story
  • Politics
  • Development
  • Exploration and licensing

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  • Sub-Saharan Africa upstream month in brief: 3 June 2016: Image 1

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