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
14 April 2026
The GECF has warned it may revise its projections for demand this year downwards in light of conflict in the Middle East, although it maintains its forecasts for 2027 and onwards
13 April 2026
Petroleum Economist analysis highlights sharp shift from crude oversupply to market deficit, with Iraq and Kuwait badly affected and key producers Saudi Arabia and the UAE also seeing output sharply lower
13 April 2026
Turkmenistan is moving ahead with a modest expansion of the giant Galkynysh field to sustain gas deliveries abroad, but persistent delays to other key pipeline projects and geopolitical risks continue to constrain its export ambitions
13 April 2026
Expensive electricity has forced out swathes of energy-intensive industry and now threatens the country’s ability to attract future investment in datacentres and the digital economy






