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Letter on Africa: New African refineries could help break old dependencies
A profound shift is occurring in the global refining sector, one which might help redefine Africa’s place in worldwide trade networks
Ghana poised for short and medium-term oil boosts
New wells at the Jubilee field will lift output in 2023, while the Pecan field offers longer-term prospects if development can be progressed
Letter from Africa: Investors should look beyond region’s challenges
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Mozambique upstream progress defies unrest
The east African country continues to attract investment in oil and gas projects, but concerns over security are still impeding developments in the gas-rich north
International investors court Congo-Brazzaville
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Capricorn and New Med to merge
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Adnoc aims to benefit from European IOCs’ new impetus
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Ghana Ivory Coast ExxonMobil Hess Anadarko Eni Tullow Oil
Ian Lewis
29 May 2018
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Further finds needed in Ghana's offshore

Exploration and production projects are being fast-tracked

Last September's resolution of a maritime border dispute between Ghana and Côte d'Ivoire has triggered a flurry of offshore activity both on existing developments and in the acquisition of new acreage. But more exploration is needed if the country is to continue expanding oil and gas production. The proposed entry of ExxonMobil into deepwater exploration, announced in February, is perhaps the most significant manifestation of renewed interest in the Ghanaian offshore. Having had to abandon efforts to acquire a stake in Tullow's Jubilee field project in 2010, the supermajor now wants in again, lining up a petroleum agreement for the Deepwater Cape Three Points block, once held by Lukoil. By e

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