Most of Africa’s recent oil and gas discoveries have taken place in offshore deepwater. In a $50 oil environment, that creates significant challenges to bring discoveries into development. In this animation we explore how companies are working to drive down the break-even price of deepwater development and production.
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Building on three successful editions, the fourth edition, taking place on 3-4 December in Senegal, will open further deal-signing opportunities for regional and foreign investors.
While some analysts propose that existing discoveries hold enough oil and gas to meet global demand for the foreseeable future, others argue that the remaining supply will not sustain us beyond the next quarter century.
Africa’s gas resources stand to play a central role in achieving regional and global energy security, while meeting climate targets.
