Solving operational challenges is lev toAfrica's potential

摘要

WEST ANDSUB-SAHARAN Africa are exciting frontiers, expected to prove a key resource with regard to the increasing demand for oil and gas from fast-growth economies such as Asia. This demand is pushing the industry's technical knowledge to its very limits, with fields considered unfeasible to develop around ten years ago now becoming viable prospects.Africa is considered a world-class area for such exploratory opportunities, with many regions having an abundance of natural resources. Deepwater fields off the coast of West Africa are home to some of the largest and most prolific oil and gas fields, with some energy analysts suggesting they could present greater opportunities than Brazil's offshore fields. Nigeria, for example is known to have some of the largest natural gas reserves in the region, while Angola is one of the continent's largest oil producers. However, there is still an element of uncertainty on the part of operators to invest in the region's potential.