Sub-Saharan Africa upstream: what to look for in 2016
We highlight the key events to watch in Sub-Sahara Africa in 2016, including: a region awash with sellers with a great variety of assets but few obvious buyers. Production is likely to stagnate in Nigeria and Angola although the future is brighter in Congo. Project sanction continues to be scarce with only Cameia and Coral expected to progress while FLNG will continue to gain momentum. Exploration will continue to deliver, with focus on the Atlantic Margin, but tough fiscals will persist and investment remain challenging.