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Nigeria bullish about oil recovery
Efforts to restructure and boost investment appear to be working, but doubts remain about the plan to almost double crude production by 2030
Power play signals change in Nigeria
With a new board appointed to lead NNPC and moves by President Tinubu to exert control in the Delta region, there is renewed hope the country will be able to turn the corner and rebuild production to former peaks
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West African producer’s national oil agency considers licensing overhaul for faster rounds
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While large-scale planned LNG schemes in sub-Saharan Africa have faced fresh problems, FLNG projects are stepping into that space
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Untangling Dangote’s supply
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Average African upstream carbon intensity is the worst for any continent, according to Rystad
Angola Ghana Nigeria
Simon Ferrie
27 April 2021
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Double trouble for West African upstream

Corporate carbon goals and local regulatory regimes will determine whether the region’s deepwater sector can attract renewed interest from investors

West Africa saw a series of divestments and delays or cancellations to oil and gas projects last year following Covid disruptions and the collapse in oil and gas prices. But the global contraction in the E&P sector arguably only exacerbated the recent trend in the region, where international appetite for greenfield projects has dried up in the last few years—particularly in Nigeria, where yet another deadline for the country’s long-awaited Petroleum Industry Bill (PIB) is about to expire. Funding and carbon intensity The financial market which might fund renewed West African efforts is facing growing climate and transition pressures, says Julian Mylchreest, executive vice-chairman at Ban

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