With a new set of laws set to be passed in 2013 to replace the existing mining code, the government is seeking to open the sector to additional foreign investment and offer more concessions to extract and process the country’s mineral wealth. Phosphates mining accounted for 92.7% of the sector’s total production in 2011. Other mineral resources include gold, silver, barite, cobalt, copper,...
Africa Energy
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Economic update | Nigeria: Aiming to solve water woes
20 Feb 2013
In spite of the “water no get enemy” mantra that is plastered across the blue and white pipelines of Lagos, Nigeria is in danger of falling short of targets it set more than a decade ago to provide clean water and sanitation to the majority of citizens. However, increased government funding for water management and calls to encourage private investment in treatment plants and distribution systems could help put targets back within reach.
Alors que le Ghana semble bien parti pour atteindre cette année son objectif de production maximale dans son plus grand champ pétrolier, le Jubilee, l’exploration pétrolière offshore s’est accélérée en Côte d’Ivoire, avec à la clé deux importantes découvertes depuis décembre 2011. Grâce à ces découvertes, l’État vise une production de 200 000 barils par jour (bbl/j) d’ici 2018, contre 32 000 bbl/j actuellement.
Economic update | Ghana: Oil activity rising
13 Feb 2013
Ghana’s leap into the ranks of oil-producing countries happened in record time, taking just 42 months from discovery to production. That speed brought with it complications that have necessitated a revision of forecast output. However, the bulk of those hiccups appear to have passed and the outlook for 2013 is looking encouraging, with the flagship Jubilee field set to hit maximum targeted production and new commercial discoveries about to come online.
Interviews & Viewpoints | OBG talks to Farid Benhadji, CEO, Manal from The Report: Algeria 2012
Articles & Analysis | Under the sea: Offshore drilling continues to grow from The Report: Algeria 2012
For many, offshore hydrocarbons exploration constitutes perhaps the final oil and gas frontier. Offshore drilling targets deposits trapped beneath the ocean floor – or in some cases beneath inland lakes and seas – which are accessed through wellbores in the seabed. It is the most complex and expensive way of exploiting oil and gas deposits. Wells...