As the major economy in the region, underpinned by good infrastructure, an attractive living environment. Economic and oil industry statistics about some of. Ive gotten in trouble before for calling them a bunch of credulous boomer rubes, but have a look at the demographic of any person at these stupid protests in proplague america. The deloitte guide to oil and gas in east africa where. Pdf oil exploration and production in subsaharan africa, 1990. We also provide an overview of the industry in africa. The east africa region is a core growth area for tullow. Managing natural resources for development in east africa land rights issues and the link to oil and natural gas exploration. South africa, swaziland, lesotho 4849 renewablessustainability 50 upstream oil and gas nocs, state regulators 51 opec, gecf 51 north africa 52 morocco 53 lgeria 54tunisia 56 libya 57 egypt 5860 ssa bigger players 61 cameroon 62 nigeria 63 ng erdlta 64 5 equatorial guinea, stp 66 gabon 67 republic of congo 68 angola 6869 sudan, south sudan 70. Archiving all data under department of mineral resources headed by hon.
East africa regional cooperation in oil and gas 1 east african community, 2000, the treaty for the establishment of the east african community, pp. Our energy lawyers have advised on numerous complex, multibillion dollar africabased oil and gas transactions in recent years and have extensive experience serving energy clients across the african region. The market for east africas oil and gas downstream is expected to grow at a cagr of more than 2. Potential impact on international investment in south africa. But better technology, lower risk in some of the countries and higher oil prices in recent years have changed the equation. The middle eastern region is abundantly endowed with oil and gas resources.
We offer peerless perspectives and insights on policy issues and technical innovation in the african oil and gas industry. In the world of upstream oil and gas, the emergence of a major new prospective area always. 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 africa oil and gas downstream market growth, trends. Further these guidelines are in line with national environment waste management regulations, 1999. In the world of upstream oil and gas, the emergence of a major new prospective area always creates a frisson of excitement. East africa are attractive to the oil and gas industry due to the excellent. With only 500 oil wells drilled so far compared to west and north africas 35,000, the estimated volume of the gas reserves remaining is around 100 trillion cubic feet. More than 80% of the 1 300 blocks in north africa are licensed, while in subsaharan africa it is estimated. Angola is the first in a series of country profiles that we will release in the runup to the event.
The middle east and north africa in a changing oil market by. Oil and gas in sa with south africa currently importing the bulk of its oil needs, the prospect of becoming selfsufficient in terms of this much sought after resource for at least four years is a most welcome development which should boost the countrys economy immensely. Large oil discoveries around ugandas lake albert in 2006 and subsequent gas discoveries offshore. The position of oil companies toward east africa has changed considerably since 2006 when. The middle east africa oil and gas supply demand outlook to 2025 offshore deepwater exploration key for production growth report has been added. Nov 16, 2015 pwc oil and gas forms part of this business transformation 3 october 2015from fragile to agile gas reserves 499. Oil and gas in eastern africa policy center for the new south. Petroleum industry governance bill pigb was passed by the. For the companys kenya operations, pwc provides tax compliance services and advisory services including preparation of tax computations and filing of. The visit of us assistant secretary for fossil energy, steven winberg, to this years africa oil week event in cape town highlights the importance that the united states put in. This study has been realized within the partnership between the french institute. Tanzania is the most mature of east africas petroleum producers. 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. Ethiopian airforce and elwerath staff rest in the shade of their aircraft in the ogaden, circa 1962.
Pwc oil and gas forms part of this business transformation 3 october 2015from fragile to agile gas reserves 499. East africa gas oxford institute for energy studies. Afroil highlights company activity throughout africa, from planning and investment to production and results. Pwc africa thanks all of the participants who contributed to the process by responding to our survey questionnaire. As minister of energy my responsibility is to ensure that south africa has sufficient, diverse and secure energy available to its citizens and the economy of the country not only now, but also in the future. In kenya, tullow estimates that the south lokichar basin contains a recoverable resource range of 240 560 1,230 mmbo 1c2c3c. This is first of all the case in east africa, for oil, in uganda and kenya, along with gas. 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. But better technology, lower risk in some of the countries and higher oil. East africa modernises its upstream oil and gas sector alb. Africas premier report on the oil, gas and energy landscape. Oil and gas reserves in south africa department of energy.
About us africas premier report on the oil, gas and energy. 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. Oil production in the east africa rift valley faced nearly a decade of delays due to. Although finding oil and gas in africa can still be low. The arrival of the international oil and gas industry offers hope of a better life for millions. New hydrocarbon provinces are popping up regularly. East africa s potential oil production 227 000 bpb by. Drilling in the region, involving some 18 companies, is taking place in nearly 30 offshore coastal areas in southern kenya, southern tanzania, and northern mozambique. Potential impact on international investment in south africas oil and gas sector by greg nott, director at werksmans attorneys and david forfar, energy consultant at stronachs llp aberdeen, scotland africa legal brief too has the demand for oil and gasrelated august 20.
For the companys kenya operations, pwc provides tax compliance services and advisory services including preparation of tax computations and filing of tax returns. Minister tina joematpettersson south africa gas statement. The paradox of the black gold 341 because of the con. 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. Few have wanted to pay the cost of searching for oil or gas in the region, or risk drilling wells in volatile countries such as uganda, mozambique or somalia. 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. Our readers are petroleum industry technical and commercial professionals, as well as project financiers and business types looking to take advantage of the growing opportunities in the oil and gas industry in africa. Diana france and michael burgess of holman fenwick willan and isaac kabuye of the ugandan directorate of petroleum assess recent reforms to the legal framework for oil and gas exploration and production within kenya, uganda and tanzania, aimed at encouraging foreign direct investment, and modernising sectoral regulation. 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. More than 80% of the 1 300 blocks in north africa are licensed, while in subsaharan africa it. Assessment of undiscovered oil and gas resources of the morondava province, east africa by michael e. The company is listed on the toronto stock exchange and nasdaq stockholm under the symbol aoi. Exploration activity in east africa is no longer solely the domain of oil and gas juniors.
East africas oil and gas sectors a difficult forecast 21. Uganda cited cost and security concerns as the reason. Projections of demand for natural gas up to 2020 by the international energy agency iea, 2002 suggest continued gains for gas in the global energy balance, while oil is expected to just maintain its present share. Oil production in the east africa rift valley faced nearly a decade of delays due to nonenabling.
In uganda, discovered contingent resources are estimated to be around 1. Deloitte east africa oil and gas deloitte energy and. Most generated hydrocarbons migrated into cretaceous and paleogene reservoirs and traps. The oil and gas industry in kenya is governed by the petroleum. Promotion and regulation of oil and gas exploration and production in south africa 2. The most significant growth in oil and gas investment on the continent has occurred in east africa with discoveries in kenya, uganda, ethiopia, madagascar. Download the article here localisation in africas oil and gas industry. Oil exploration and production in africa since 2014 ifri. Mauritania and senegal are good examples of countries where hydrocarbons have recently been discovered. 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. Factors such as increasing demand for oil and natural gas are expected to boost the demand for the east africa oil and gas. Gas journal, and energy currently, oil and gas production and proved reserves are limited in east africa. Adapted from a presentation given at the east africa petroleum province of the 21st century conference, the geological society, burlington house, london, 2426 october 2012.
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