TUWLF - To Deal Or Not To Deal That Is The Question...
Foreword
While Africa's geological appeal for frontier oil and gas exploration will remain strong relative to other regions (one quarter of the new reserves discovered worldwide in the past decade are African), the early 2020 oil price crash will have significant and long-lasting impacts on upstream activity within the continent. Trends that were set in motion after the 2014 oil price collapse are likely to be exacerbated.
We will discuss the African upstream trends observed over the last decade - providing some insight into the evolving strategies of regionally grouped companies and attempting to make