Plenty of optimism in West Africa
Nigeria remains West Africa's largest producer by far, but if you want an exciting exploration prospect then Senegal and Mauritania are the places to be
Nigeria continues to dominate West African oil production, but plays second fiddle to other parts of the region in terms of exploration potential. The government in Abuja has made tangible efforts to reform the once notoriously corrupt administration of the industry and introduce a new framework to encourage investors to return to a sector that remains heavily reliant on mature fields. Total's FPSO in the Egina field is the only sizeable new project scheduled to start producing in the next year—though it is a big one, potentially adding up to 200,000 barrels a day to Nigerian output. Exploration remains limited, as oil companies wait to see how effective industry reforms prove to be. A rise
Also in this section
9 March 2026
Petroleum Economist analysis sees increases in output from Saudi Arabia, Venezuela and Kazakhstan among others before region’s murky descent
9 March 2026
Energy sanctions are becoming an increasingly prominent tool of US foreign policy, with the country’s growth in oil and gas production allowing it to impose pressure on rivals without jeopardising its own energy security or that of its allies, argues Matthew McManus, a visiting fellow at the National Center for Energy Analytics
6 March 2026
The March 2026 issue of Petroleum Economist is out now!
6 March 2026
After Europe’s rapid buildout of floating LNG import capacity, Exmar CEO Carl-Antoine Saverys says future growth in floating gas infrastructure will increasingly be driven by developing markets as lower prices, rising energy demand and the need to replace coal unlock new opportunities for unconventional and tailor-made solutions






