West Africa aiming for global supplier status
The region is making headway despite some output disruptions
Despite ongoing conflict throughout West Africa, the region's energy sector continues to make progress toward becoming a leading global oil and gas supplier. According to GlobalData, nearly $194bn will be spent on African oil and gas fields between 2018 and 2025. Nigeria has struggled for years to resist the threat from militant groups. The attacks are impeding the country's efforts to expand exploration outside the Niger River Delta, in the hope of finding new crude reserves. The threat of violence from several militant groups persists. The Niger Delta Avengers has in the past issued reported threats to Total's Egina oil field, which was scheduled for start-up in 2018. The ultra-deep-water
Also in this section
13 January 2025
With Namibia, Guyana and Brazil playing starring roles and important innovations being developed, business as usual has never looked so good
13 January 2025
Regional cooperation over the development of gas resources has the potential to bring peace and prosperity to the East Mediterranean
13 January 2025
Significant expansions are underway in both liquefaction and regasification capacity as LNG firms up its position as a long-term solution for the world’s energy needs
10 January 2025
New Petroleum Economist OPEC+ oil survey sees group improve compliance to ensure oil market stability going into 2025
