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Ugandan crude export pipeline boost
EACOP has overcome a significant hurdle, with a group of regional banks providing an initial financing tranche for a scheme that has attracted criticism from environmental campaigners
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Outlook 2025: The importance of ensuring a just transition for developing nations
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Brazil Uganda Ghana Guyana
Keith Myers
17 October 2017
Follow @PetroleumEcon
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10 lessons from a decade of exploration

Finding big oil has got harder. An industry veteran has some advice

International conventional exploration over the past decade has been a rollercoaster ride, beginning with optimism fuelled by an oil-price bonanza and new oil provinces opening in Brazil, Ghana and Uganda. This stimulated a frontier exploration drilling boom, and the creation of a new generation of exploration companies. It has ended with an oil-price crash, dramatic cuts in exploration budgets and soul searching across the industry. Reflecting on the past 10 years, the following are 10 lessons this observer has learned from watching and analysing the industry. Few are new and many may sound obvious but collectively, the industry seemed to forget or ignore them. The lessons have been grouped

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