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

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.