Deepwater Discoveries Set to Reshape Africa's Energy Landscape

Africa’s deepwater segment has always played a key role in terms of adding significant discovered volumes, which has helped Africa sustain its hydrocarbon production. The contribution of this segment in Africa’s hydrocarbon production mix was between 20- 25% last decade and is expected to increase between 35-40% by 2035. From the under-construction and pre-FID projects, Rystad Energy estimates that there will be about 3.5 million boepd of new deepwater supply (pre-FID and under-construction projects) in Africa by 2035. Success in countries…