How will the recent oil discoveries in Kenya affect its import bill, local reserves and export capacity?
Africa Energy
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Interviews & Viewpoints | OBG talks to Davis Chirchir, Cabinet Secretary, Ministry of Energy and Petroleum from The Report: Kenya 2014
Articles & Analysis | Commercially viable discoveries lay the groundwork for the domestic oil and gas industry from The Report: Kenya 2014
Along with Tanzania and Uganda, Kenya is emerging as a new destination for oil and gas explorers after several hydrocarbons deposits in commercially viable quantities were found in the East Africa region. A series of onshore and offshore oil and gas finds in Kenya suggest that the country has the potential to become a hydrocarbons exporter, as well as a regional energy...
Ghana has developed a reputation as a robust and stable democracy, and with a storied legacy of pan-African initiatives it has long punched above its weight diplomatically. While the recent oil boom following the discovery of the offshore Jubilee field in 2007 has helped to fuel GDP growth as much as 14% over recent years, it is now projected to slow to a more modest 4.5% in 2014.
Articles & Analysis | As production drops at older oil fields, exploration efforts are increasing from The Report: Gabon 2014
Gabon is the fifth-largest oil producer in sub-Saharan Africa and oil dominates the economy, accounting for roughly half of state revenues and more than 80% of export revenues. Over the last decade, however, output has declined as the country’s larger oil fields mature, prompting Gabon to encourage activity in smaller blocks expand offshore exploration in new blocks, and...
Interviews & Viewpoints | OBG talks to Jacqueline Bignoumba, President, Gabon Petroleum Union (UPEGA) from The Report: Gabon 2014
Articles & Analysis | Offshore blocks: After successful finds in recent years, the drilling continues from The Report: Gabon 2014
The offshore oil potential in Gabon has generated significant interest among oil companies in recent years due to the area’s geological similarities with Brazilian pre-salt layers, to the success of offshore blocks elsewhere in the Gulf of Guinea and to indications that it may contain analogous hydrocarbons systems. The large number of companies...