Africa oil corporation has been exploring and drilling here, and prepared a report that includes a. East africas great rift includes four rift systems that promise to hold significant deposits of oil. Though tanzanias proven gas reserves and kenyan, ugandan and south sudanese proven oil reserves are plentiful, it is unlikely that their economies will be stratospherically catapulted by. With a daily production rate of 269,000 barrels, equatorial guinea is ranked sixth among the highest oil producing countries in africa and 34th in the world. In comparison to other regions on the continent, east africa produced the least amount of oil in 2012, was the second smallest gas producer in 2011, held the second lowest level of proved oil and gas reserves as of january 1, 20, and had the second lowest crude oil.
Africa oil corporation has been exploring and drilling here, and prepared a report that includes a number of excellent maps and graphics of seismic data. Based on the new model production sharing agreement, companies may expect higher taxation, an. In east africa, the recent gas finds in mozambique and tanzania could provide benefit to the whole region by using domestically a significant share of the production. Oil and gas management for inclusive and sustainable. Area reportsinternational africa and the middle east. Large reserves of natural gas are now being exploited in. Drop us a line to discuss the ways you can participate in this years event and conference programme. Ive selected a few to show you here, but you can see them in. Eighteen companies are involved in the 27 offshore coastal areas, in south kenya, tanzania and north mozambique. The focus of todays discussions the future of oil and gas supplies from the middle east and north africa is certainly of critical importance to us all. Oil in africa a special report by the boston globe. Discoveries offshore mozambique during appraisals support usgs estimates that east africas offshore region could hold over 440 tcf of natural gas reserves. Proven oil reserves in the region are estimated at. In east africa and southern africa at large only the karoo sediments of permiantriassic age are a suitable candidate for large shale oilgas reserves.
The deloitte guide to oil and gas in east africa uniquely structured. Brownfield most likely began in the latest jurassic or earliest cretaceous, and it continues today in. Oil reserves in the blocks licensed to two small oil companies, africa oil and range resources, could contain as much as 10 billion bbl. The deloitte guide to oil and gas in east africa download the guide. Egypt has large reserves of gas that are exported to many countries. We offer peerless perspectives and insights on policy issues and technical. Oil and gas reserves in south africa department of energy. Oil companies are reducing their investments and putting projects on hold, willy olsen, former advisor to statoil, said at the east africa. Production of natural gas and oil in the east african community partner states should open the window for implementation of other regional integration projects that have been on hold for years. Libya, a member of opec, holds the largest proven oil reserves in africa. Oil reserves denote the amount of crude oil that can be technically recovered at a cost that is financially feasible at the present price of oil. Oct 23, 2016 american oil company exxonmobil is one of the largest foreign investors in africa. The deloitte guide to oil and gas in east africa uniquely structured 3 welcome to the 2014 edition of the deloitte guide to oil and gas in east africa. Production solutions that allow for accurate volume allocations and quicker.
Apr 29, 2012 east africa s great rift includes four rift systems that promise to hold significant deposits of oil. The fate of africa s huge crude oil reserves is important not just for africans, but also for americans, who use millions of barrels of oil imported from africa every day. Promotion and regulation of oil and gas exploration and production in south africa 2. China was the largest crude oil importer from sub saharan africa in 2012, followed by the united states. Business users are now empowered to perform their own selfservice analysis and create their own reports. Nobody is talking about producing oil in somalia anytime soon, but analysts say oil companies are less likely to be intimidated by political risk than they were in the past. Enquest is an independent oil and gas production and development company with a geographic focus on the united kingdom and. Gabon has been facing declining oil output for more than a decade as a result of mature oil fields and absence of significant new finds. Describing the situation of discoveries, reserves and actors in this vast zone in east africa is an exercise demanding constant revisions and. The east african rift basin system is one of the last of the great rift basins to be explored.
In addition south africa alone must not be excluded should it chose to use its shale gas reserves, in particluar as its industrial base is well advanced over the balance of the regions economies. Mar 10, 2010 oil reserves in the blocks licensed to two small oil companies, africa oil and range resources, could contain as much as 10 billion bbl. In the world of upstream oil and gas, the emergence of a major new prospective area always creates a frisson of excitement. For example, it is encouraging to see african oil and gas companies becoming. The deloitte guide to oil and gas in east africa uniquely. Finding oil off the coast of mossel bay could be a game. This, the last part of a series on oil and gas explores the development implications of these resources for east african countries. Gabon is the 9 th largest oil producer in africa and the 37 th in the world with a daily production capacity of 210,000 bpd. Download free oil and gas reserves, production and exploration maps sponsorsreturn to main free maps download page.
In comparison to other regions on the continent, east africa produced the least amount of oil in 2012, was the second. East african oil and gas reserves show promise petroleum economist. The question is whether it is gas or oil, and whether it is a goodquality reservoir, keith hill, ceo of africa oil corp, a minority stakeholder in the field, told reuters, adding that the. Tanzania ledesma 20 and major proven natural gas reserves in africa bp. Nigeria, algeria, libya and egypt see figure 1 bp 20. Algeria ranks fourteenth in petroleum reserves, containing 11. Africas oil and gas companies have weathered the downturns and. With the ugandan government estimating reserves of about 3. Free oil and gas reserves, exploration, production maps. The gis project for the geologic assessment of undiscovered oil and gas resources of the subsaharan region, africa by gis spatial data team the main objective of the u.
Will kenya or uganda be east africas first oil producer. Once the discoveries are assessed and we move past the initial question of how. Funding gas projects remains a major challenge in west africa, owing to the poor commercial terms for domestic gas suppliers. Africa is the last energy frontier, a vast continent whose oil and gas reserves are expected by some analysts to see it emerge as the new global hub. Geological surveys usgs national and global petroleum assessment project is to assess the potential for undiscovered, technically recoverable oil and natural gas.
Oxford energy forum, november 2012, page 12 mozambiques gas sector. Assessment of undiscovered oil and gas resources of the morondava province, east africa by michael e. Angola is the second leading exporter of crude to china and accounted for 15% of chinas crude oil. Africas premier report on the oil, gas and energy landscape. East african oil maps and prospects crossed crocodiles. May 12, 2014 the race is on between uganda and kenya to see which will emerge as the regions first oil producer. Mozambiques gas investment in particular will be dependent on what future gas prices will be and this is changing quickly due to the oil and gas revolution. This report recaps the east africa regional forum on oil and gas management for inclusive and sustainable development in africa held on january 2324, 20, and jointly organized by. Archiving all data under department of mineral resources headed by hon. Their solutions include software applications, such as. But its waters may be hiding future giant oil and gas discoveries potentially capable of. East africa s great rift includes four rift systems that promise to hold significant deposits of oil.
There have been substantial discoveries of oil and gas in east africa. World crude oil seaborne trade 1994 imo pdf world oil reserves. Listed below are chapters from the minerals yearbook volume iii. In east africa and southern africa at large only the karoo sediments of permiantriassic age are a suitable candidate for large shale oil gas reserves. East africa gas oxford institute for energy studies. South africas land is known for its resources such as platinum, gold, diamonds, copper and coal. P2 provides a comprehensive range of upstream oil and gas software including accounting, geospatial data, land management, production operations, and reserves management solutions. Offshore west africa oil and gas activity map to 2022 shows current and future oil and gas field developments offshore west africa, including. South sudan, kenya and uganda are the only east african nations with proved oil reserves. Smaller firms will lead east africas oil and gas development. A large heavy oilfield at surface in madagascar proves an oil source in the karoo. Taking place between 1819 november 2020 at the intercontinental hotel, nairobi, the scope, scale and spread of current and future oil and gas infrastructure development projects in east africa is positioning the region as a hotbed of oil and gas exploration. Area reportsinternationalafrica and the middle east.
In this threepart series, the globes africa bureau chief, john donnelly, examines the issue. Large gas finds in mozambique and tanzania have caused the world to take note of east africa as an emerging player in the global industry, says bredenhann. P2 energy solutions provides a comprehensive range of the best oil and gas. In the twelve months since our first edition, east africa has continued to hit the industry headlines and it seems safe to predict that this will continue for the rest of 2014. Taking place between 1819 november 2020 at the intercontinental hotel. The possible large karoo shale gas development in south africa is a good example. Africa has proven natural gas reserves of 502 trillion cubic feet tcf with 90% of the continents annual natural gas production of 6. From ugandas onshore to the rovuma basin off the coasts of mozambique and tanzania, a region long ignored by international oil companies is. Middle east and africa mea compressed natural gas cng. Once the discoveries are assessed and we move past the initial question of how the potential resource base was previously overlooked, attention focuses on the likely ultimate scale of the resource, the cost.
West africas gas sector becoming a hive of activity in 2018. Oil discoveries onshore in uganda and kenya, coupled with worldclass gas discoveries offshore in tanzania and mozambique, mean that every potential. In the twelve months since our first edition, east africa has. American oil company exxonmobil is one of the largest foreign investors in africa.
The race is on between uganda and kenya to see which will emerge as the regions first oil producer. Top 10 oil producing countries in africa africa facts. Hence reserves will change with the price, unlike oil resources. Nov 16, 2017 discoveries offshore mozambique during appraisals support usgs estimates that east africa s offshore region could hold over 440 tcf of natural gas reserves. Mar 07, 20 this report recaps the east africa regional forum on oil and gas management for inclusive and sustainable development in africa held on january 2324, 20, and jointly organized by the economic. Currently, oil and gas production and proved reserves are limited in east africa. East discoveries where test wells have indicated sizeable reserves. Satellite map showing east africa, where the usgs estimate that coastal areas of mozambique and tanzania could hold more than 250 tcf of gas and 14. Angola is the second leading exporter of crude to china and accounted for 15% of chinas crude oil imports in 2012. Deloitte east africa oil and gas deloitte energy and. Sep 18, 2014 mozambiques gas investment in particular will be dependent on what future gas prices will be and this is changing quickly due to the oil and gas revolution. In europe we are switching from coal to natural gas, fed by exploration now over 50 years old in east africa. Top 20 oil producing countries in africa african vault. Clients assai software services all over the world.
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