Angola's Pre-Salt Provinces - The Next Brazil?

摘要

Industry sources suggest that the Majors spent $3.55 billion acquiring acreage in Angola's pre-salt Kwanza basin in December last year. But will the pre-salt in Angola match the resource potential and economic potential of the Brazilian pre-salt provinces? In this article, we review the geological and economic similarities and differences between these two regions. We conclude that West African pre-salt resources could be significant, especially in the sweet spots, but they will not be as attractive as the Brazilian pre-salt when the economics are considered.