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Sub-Saharan Africa upstream month in brief: 4 May 2016

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Report summary

Highlights in Sub Saharan Africa during the month of April include a long awaited export pipeline decision for Uganda s Lake Albert development. The Ugandan and Tanzanian presidents signed an agreement to run an export line 1 444 kilometres to the port of Tanga in northern Tanzania leaving the partners on Kenya s South Lokichar development to assess a standalone export route. In Equatorial Guinea Schlumberger pulled out of discussions on the Fortuna FLNG project forcing Ophir to look elsewhere for an upstream partner. Elsewhere Nigeria s NNPC invited the IOCs to the negotiating table Shell considered an exit from Gabon and Cairn saw further success with its BEL 1 well offshore Senegal. 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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