Upstream Northern Africa: 2014 in review

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Report summary

2014 was another year of declining output and limited activity in Northern Africa. Production continued to feel the effects of ongoing unrest in Libya. Egypt yielded the biggest discovery with the Notus field, with estimated reserves of 240 million barrels of oil equivalent (mmboe). M&A activity was dominated by two main deals as ZenHua and Medco Energi picked up interests in Egypt and Tunisia respectively. 

What's included

This report contains

  • Document

    Upstream Northern Africa: 2014 in review

    PDF 618.26 KB

Table of contents

  • Executive summary
  • Political stability favoured
  • Production decline reflects Libyan outages
  • E&A: Morocco comes up dry while BG has Egyptian success
  • Licence awards down
  • Investment on the up
  • Corporate: movers and non-starters
  • 2015 Outlook

Tables and charts

This report includes 5 images and tables including:


  • Northern Africa Upstream M&A deals 2014


  • YoY Gas Production Change (2012-2014)
  • YoY Liquids Production Change (2012-2014)
  • Northern Africa 2014 Key Locations
  • Northern Africa Upstream Capex 2010-2019

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