Sub-Saharan Africa Oil & Gas Q4 2019
Investment in Sub-Saharan Africa is showing signs of recovery as marginally higher oil prices and strengthened investorconfidence underpin renewed interest in frontier and under-explored areas. A global revival of interest in deep-water plays holdssome promise for exploration in the region. However, the medium-term oil production forecast is clouded by a severely dwindlingproject pipeline and heavy decline rates at maturing assets across several markets. Prospects in the gas sector are brighter, withexport-led projects continuing to make progress.
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