At pwc, we have watched these industry developments and analysed the effects from the perspective of how they will impact our clients. Though some exploration took place earlier on, with companies such a shell, involved in kenya in the 1960s or in uganda in the 1980s, a new frontier opened up during the last 10 years. Offshore we have seen worldclass discoveries of gas in tanzania and mozambique. Tot has acquired oil and gas installations in east africa for an undisclosed amount, covering assets in kenya, uganda and tanzania. 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, investment and development. As a professional services firm with a long history of working with the oil and gas industry both private sector players and governments, deloitte is committed to making oil and gas a success story for this region. On february 20, the africa growth initiative at brookings and oxfam america live webcasted a multipanel discussion on the east african oil and gas boom.
Area reportsinternationalafrica and the middle east. Oil and gas africa gide is a leading international law. A survey of the literature on local content policies in the oil and gas industry in east africa chilenye nwapi summary although oil and gas exploration has been going on in east africa for decades, until recently exploration activities grew more slowly compared to other regions in africa. East african gasoil ltd k ltd energizing east africa. The programme is focusing on practical case studies and actionable strategies delivered by adnoc, aramco, pdo, bapco, bp, wintershall, satorp, ibm, equinor, technipfmc and many others. International oil companies were active in libyan oil. Geological surveys usgs world petroleum resources project is to assess the potential for undiscovered, technically recoverable oil and natural gas resources of the world, exclusive of the united states. Natural gas discoveries in the eastern mediterranean congressional research service 3 for the most part, the eastern mediterranean countries either do not use natural gas as a fuel i. Exploration activity in east africa is no longer solely the domain of oil and gas juniors. Pdf east africa has recently entered the global map of oil and gas exploration and production.
Africas premier report on the oil, gas and energy landscape. Petroleum province in north africa cratonic marginal basins, oil and gas. New hydrocarbon provinces are popping up regularly. Mozambique, tanzania, uganda, kenya, and madagascar. Africa is a home to giants boasting some of the worlds top oil and gas discoveries and a wealth of investment opportunities in power generation from oil and gas. Ive selected a few to show you here, but you can see them in. Oil and gas tax guide for africa 2017 3 over the past few years, the global economic downturn in the oil and gas industry has had negative effects that have been felt by many. Companies have largely adapted to a lowcost environment, which promises to be even more beneficial given the currently recovering oil price. While there have been significant successes in oil and gas exploration in africa, the overall pace of oil and. Offshore west africa oil and gas activity map to 2022 shows current and future oil and gas field developments offshore west africa, including. Angola is the second leading exporter of crude to china and accounted for 15% of chinas crude oil.
Construction of the pipeline threatens to enable the opening up of critical ecosystems including murchison falls national park to oil extraction. Each report includes sections on government policies and programs, environmental issues, trade and production data, industry structure and. The region has now become an area of interest in the upstream oil and gas industry. This new regional analysis covers emerging developments in the oil and gas sectors in five east african countries. 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. Introduction the oil and gas industry in eastern africa is quite a new sector compared to the gulf of guinea where oil was produced from the end of the 1950s onwards. East african gasoil limited eagol is an upcoming oil marketing company omc headquartered in mombasa. With the huge recent discoveries in offshore east africa in particular, mozambique and tanzania, the future of african gas is. Managing natural resources for development in east africa land rights issues and the link to oil and natural gas exploration. In the world of upstream oil and gas, the emergence of a major new prospective area always creates a frisson of excitement. Eight years on, with the oil price halved to below usd50 a barrel, the enthusiasm of those early days looks a little optimistic.
Top 10 oil producing countries in africa africa facts. Being one of the regions oldest upstream sectors its first exploration in 1860 and commercial production in 1909 egypts a mature oil and gas producer. For african oil and gas markets, the last few years have been turbulent. Egypt is the largest nonopec oil producer in africa, and it is a major transit route for oil shipped from the persian gulf to europe and the usa. Mauritania and senegal are good examples of countries where hydrocarbons have recently been discovered.
Financing is there for africas major projects but it isnt always easy to find. Natural gas discoveries in the eastern mediterranean. Traditional players and long term oil dependent countries such. Sep 18, 2017 egypt daily oil production of 582,000 barrels is the fourth highest among the oil producing countries in africa, and it is the has the 27th highest oil output in the world. Apr 29, 2012 east africa s great rift includes four rift systems that promise to hold significant deposits of oil. The stateowned national oil corporation has controlled the oil and gas sector in libya for many years. Oil production in the east africa rift valley faced nearly a decade of delays due to nonenabling government policies. We offer peerless perspectives and insights on policy issues and technical innovation in the african oil and gas industry. Assessment of conventional oil resources of the east african. The position of oil companies toward east africa has changed considerably since 2006 when. More than 80% of the 1 300 blocks in north africa are licensed, while in subsaharan africa it is estimated.
Yet such countries are also often host to chronic economic problems, regional infighting and democratic deficitsfactors which lead to high levels of corruption and lack of. The signing of the iga is a significant milestone for the project. Top 20 oil producing countries in africa african vault. Total acquires major oil and gas assets across east africa. Oil and gas recruitment services best agency in middle east. However, the civil unrest in the country has precipitated a power struggle that has yet to be concluded as of september 2015. The story of petroleum exploration in uganda 19842008. Using a geologybased assessment methodology, the u. Oil and gas in africa supplement to the african development report oil and gas in africa african development bank and the african union 9 780199 565788 1 isbn 9780199565788 the book, a joint work of the african development bank afdb and the african union au, presents a comprehensive analysis of the oil and gas resources in africa. East africas oil and gas sectors a difficult forecast 21. Petroleum province in east africa east african continental margin, heavy oil, oil sands and gas.
The nepad infrastructure project preparation facility nepadippf has not provided financing to any private sector company for upstream oil or gas pipeline projects in east africa. Geological survey estimated undiscovered, technically recoverable mean conventional resources of. Opportunities for oil and gas companies in east africa east africa community country partner states are 5 countries with an estimated population of million people. The east african crude oil pipeline eacop is a proposed 1,445kilometer pipeline from hoima, uganda to the port of tanga in tanzania. Offshore west africa oil and gas map provides information about fields and reserves onstream offshore west africa by. In terms of ioc and investor incentive, the country boasts.
The crude oil production for the west africa region is expected to grow at a cagr of approximately 9. The market for oil and gas upstream in west africa is expected to grow at a cagr of approximately 6. World petroleum resources project assessment of undiscovered. West africa oil and gas upstream market growth, trends. Listed below are chapters from the minerals yearbook volume iii. East africas great rift includes four rift systems that promise to hold significant deposits of oil. The arrival of the international oil and gas industry offers hope of a better life for millions. The deloitte guide to oil and gas in east africa download the guide. A dash for gas and oil in east africa citigroup global markets, 4 july 2011. The deloitte guide to oil and gas in east africa where potential lies.
The governments of republic of uganda and united republic of tanzania sign the intergovernmental agreementiga for the east african crude oil pipeline eacop project. The project is not included in the banks lending programme. The sector is experiencing significant growth, with east africa emerging. This, the last part of a series on oil and gas explores the development implications of these resources for east african countries. It is clear through our interactions that many companies are taking a different perspective on the challenges they face.
Cenozoic rift basins suez bay basin and red sea basin, oil. Tectonic evolution and hydrocarbon distribution of basins. Pdf oil and natural gas constitutional frameworks for the. Explorations in east africa also started in the 1950s, but the discoveries in the 1970s by chevron. Key countries and opportunities in africas oil and gas industry. Oxford energy forum, november 2012, page 12 mozambiques gas sector.
Region 6 31 assessed provinces includes south america and the caribbean area. Offshore east africa, only gas has been found in commercial volumes oil discoveries onshore uganda, kenya, mozambique and madagascar along with numerous seeps along the coast encourage the continued pursuit of the elusive offshore oil. Meet the financial institutions behind the next wave of megaprojects at aop 2018. No commitment was therefore made to any party to fund the east african crude oil pipeline project. This is where the centre of the universe is these days. Almost half of these blocks are open, subject to force majeure or in the application phase.
East africa regional cooperation in oil and gas 1 east african community, 2000, the treaty for the establishment of the east african community, pp. Oil and gas in east africa introduction after decades operating in the shadow of north and west africa, east africa is finally emerging as one of the most significant players in the continents oil and gas industry. Africa oil holds extensive exploration acreage in this exciting new worldclass exploration play fairway. Middle east s largest energy portal, which delivers latest news, data, analysis and opinion for the regions energy professionals. The sector has historically been a primary driver of economic growth and is once again attracting investor interest as international energy prices recover. The stanford natural gas initiative natural gas in east africa. Since the first discoveries of crude oil and gas in africa in 1957 and 1958 in gabon, nigeria, and algeria, petrol companies have almost exclusively focused on the maghreb and the states that comprise the gulf of guinea. There is a huge requirement of oil and gas recruitment agency middle east due to the presence of so many industries in this sector here. Oil production in the east africa rift valley faced nearly a decade of.
It covers all middle east countries and enjoys the distinction of being only directory of its kind, exclusively targeted to oil, gas, energy and petrochemical industry in middle east. East africa oil and gas market growth overview 20172022. Oil and gas in eastern africa policy center for the new south. Oil and gas directory middle east directory for oil, gas. Key countries and opportunities in africas oil and gas. Now every potential hydrocarbon basin across east africa is the subject of. Tectonic evolution and hydrocarbon distribution of basins in.
The east african rift basin system is one of the last of the great rift basins to be explored. We head east on our journey across africa, project by project, checking out some of east africas vital developments. Countries rich in oil and gas often derive great wealth from these resources. Cenozoic rift basins suez bay basin and red sea basin,oil. Natural gas in africa the frontiers of the golden age ey. East africa economic outlook 2019 african development bank.
We deal with the import, export, distribution and retail of petroleum products. East market area africa oil corporation africa oil corp. For the companys kenya operations, pwc provides tax compliance services and advisory services including preparation of tax computations and filing of tax returns. Assessment of undiscovered oil and gas resources of four east africa geologic provinces introduction the main objective of the u. East african oil maps and prospects crossed crocodiles. Large oil discoveries around ugandas lake albert in 2006 and subsequent gas discoveries offshore. The larger area that eia considers as east africa see africa by region map includes 21. The state of oil and gas in east africa f or african oil and gas markets, the last few years have been turbulent. Egypt is the largest nonopec oil producer in africa and the continents second largest gas producer after algeria. Instituted in 2015, the main goal of the summit is to expose and address pertinent governance and development issues pertaining to the management and use of oil and gas resources across the african continent. The oil and gas recruitment agency can be the best agents that can supply the large requirement of manpower in these countries. Assessment of undiscovered oil and gas resources of the. With just four years under our belt, we have branches in major towns in the country including nairobi, nakuru, kisumu and eldoret. The deloitte guide to oil and gas in east africa where.
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