East african oil maps and prospects crossed crocodiles. In the world of upstream oil and gas, the emergence of a major new prospective area always creates a frisson of excitement. In east africa and southern africa at large only the karoo sediments of permiantriassic age are a suitable candidate for large shale oilgas reserves. 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. Oil discoveries onshore in uganda and kenya, coupled with worldclass gas discoveries offshore in tanzania and mozambique, mean that every potential. Tanzania ledesma 20 and major proven natural gas reserves in africa bp. Africa has proven natural gas reserves of 502 trillion cubic feet tcf with 90% of the continents annual natural gas production of 6. Oil companies are reducing their investments and putting projects on hold, willy olsen, former advisor to statoil, said at the east africa. Promotion and regulation of oil and gas exploration and production in south africa 2. Oxford energy forum, november 2012, page 12 mozambiques gas sector. Egypt has large reserves of gas that are exported to many countries. Africa oil corporation has been exploring and drilling here, and prepared a report that includes a. Oil reserves in the blocks licensed to two small oil companies, africa oil and range resources, could contain as much as 10 billion bbl.
Apr 29, 2012 east africa s great rift includes four rift systems that promise to hold significant deposits of oil. 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. 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. South sudan, kenya and uganda are the only east african nations with proved oil reserves. Taking place between 1819 november 2020 at the intercontinental hotel. We offer peerless perspectives and insights on policy issues and technical. The east african rift basin system is one of the last of the great rift basins to be explored. South africas land is known for its resources such as platinum, gold, diamonds, copper and coal. Eighteen companies are involved in the 27 offshore coastal areas, in south kenya, tanzania and north mozambique. The deloitte guide to oil and gas in east africa download the guide.
Listed below are chapters from the minerals yearbook volume iii. Tanzania reserves update the latest oil and gas news, dedicated to all things oil and gas. 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. Middle east and africa mea compressed natural gas cng. Top 20 oil producing countries in africa african vault. 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. Smaller firms will lead east africas oil and gas development.
Angola is the second leading exporter of crude to china and accounted for 15% of chinas crude oil. Oct 23, 2016 american oil company exxonmobil is one of the largest foreign investors in africa. East africa s great rift includes four rift systems that promise to hold significant deposits of oil. Archiving all data under department of mineral resources headed by hon. West africas gas sector becoming a hive of activity in 2018. American oil company exxonmobil is one of the largest foreign investors in africa. East africas great rift includes four rift systems that promise to hold significant deposits of oil. Oil and gas reserves in south africa department of energy. The possible large karoo shale gas development in south africa is a good example. 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. Nigeria, algeria, libya and egypt see figure 1 bp 20. Africas premier report on the oil, gas and energy landscape. Ive selected a few to show you here, but you can see them in. 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.
The deloitte guide to oil and gas in east africa uniquely structured. Discoveries offshore mozambique during appraisals support usgs estimates that east africas offshore region could hold over 440 tcf of natural gas reserves. From ugandas onshore to the rovuma basin off the coasts of mozambique and tanzania, a region long ignored by international oil companies is. Describing the situation of discoveries, reserves and actors in this vast zone in east africa is an exercise demanding constant revisions and updating given the rapid acceleration of explorations following the first discoveries that were commercially consideredprofitable. Geological surveys usgs national and global petroleum assessment project is to assess the potential for undiscovered, technically recoverable oil and natural gas. 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. Brownfield most likely began in the latest jurassic or earliest cretaceous, and it continues today in.
Funding gas projects remains a major challenge in west africa, owing to the poor commercial terms for domestic gas suppliers. But its waters may be hiding future giant oil and gas discoveries potentially capable of. A large heavy oilfield at surface in madagascar proves an oil source in the karoo. Free oil and gas reserves, exploration, production maps. Hence reserves will change with the price, unlike oil resources. For example, it is encouraging to see african oil and gas companies becoming. 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. Drop us a line to discuss the ways you can participate in this years event and conference programme. Africas oil and gas companies have weathered the downturns and. The fate of africas 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. There have been substantial discoveries of oil and gas in east africa. Oil and gas management for inclusive and sustainable.
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. Offshore west africa oil and gas activity map to 2022 shows current and future oil and gas field developments offshore west africa, including. In europe we are switching from coal to natural gas, fed by exploration now over 50 years old in east africa. Currently, oil and gas production and proved reserves are limited in east africa. In this threepart series, the globes africa bureau chief, john donnelly, examines the issue. 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. 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. This, the last part of a series on oil and gas explores the development implications of these resources for east african countries. 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.
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. With the ugandan government estimating reserves of about 3. 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. Proven oil reserves in the region are estimated at. In the twelve months since our first edition, east africa has. China was the largest crude oil importer from sub saharan africa in 2012, followed by the united states. East african oil and gas reserves show promise petroleum economist.
Area reportsinternationalafrica and the middle east. 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. Assessment of undiscovered oil and gas resources of the sub. Download free oil and gas reserves, production and exploration maps sponsorsreturn to main free maps download page. Business users are now empowered to perform their own selfservice analysis and create their own reports. 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. Once the discoveries are assessed and we move past the initial question of how. Algeria ranks fourteenth in petroleum reserves, containing 11. May 12, 2014 the race is on between uganda and kenya to see which will emerge as the regions first oil producer. 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. Area reportsinternational africa and the middle east. 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.
P2 energy solutions provides a comprehensive range of the best oil and gas. 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. 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. P2 provides a comprehensive range of upstream oil and gas software including accounting, geospatial data, land management, production operations, and reserves management solutions. The deloitte guide to oil and gas in east africa uniquely.
East discoveries where test wells have indicated sizeable 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. Oil in africa a special report by the boston globe. Describing the situation of discoveries, reserves and actors in this vast zone in east africa is an exercise demanding constant revisions and. Clients assai software services all over the world. Based on the new model production sharing agreement, companies may expect higher taxation, an. Top 10 oil producing countries in africa africa facts. Large reserves of natural gas are now being exploited in. Finding oil off the coast of mossel bay could be a game. Assessment of undiscovered oil and gas resources of the morondava province, east africa by michael e. 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.
Angola is the second leading exporter of crude to china and accounted for 15% of chinas crude oil imports in 2012. Africa oil holds extensive exploration acreage in this exciting new worldclass exploration play fairway. Assessment of undiscovered oil and gas resources of the. 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 comparison to other regions on the continent, east africa produced the least amount of oil in 2012, was the second. 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. 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.
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. The race is on between uganda and kenya to see which will emerge as the regions first oil producer. East africa gas oxford institute for energy studies. Libya, a member of opec, holds the largest proven oil reserves in africa.
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