East Africa—can we talk?
East Africa's new oil producers could maximise the industry's potential by working together, but that's easier said than done
It was not long ago that East Africa was the shining frontier of the continent's oil scene. Uganda sparked the rush after wildcatters ventured deep inland and made Africa's largest onshore discoveries in decades in 2006. The successful run continued with new oilfields discovered in Kenya's northwestern Turkana region in 2012. At the time, with crude prices averaging almost $112 per barrel, hopes grew that the fresh oil discoveries could be linked up with a new regional pipeline network stretching from producing oilfields in neighbouring South Sudan across East Africa and then to the coast. Yet, a little over a decade after the first new large oil finds were made in East Africa, little has be
Also in this section
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals