Report: Oil and gas opportunities in Southern Africa

Monday, March 11, 2013      

On 9th January 2013, Finding Petroleum ran a special event with the support of the South African dti, from the High Commission of South Africa

The event reviewed the scope for oil & gas exploration and production in Southern Africa, including Nambia, Mozambique, Tanzania and South Africa.

The sensible starting point was to consider the large gas resources that have been reported for Mozambique and Tanzania. When will these be converted to reserves and when might we see production, from the putative LNG schemes?

Given the large amount of global LNG-scale gas that has recently been discovered, not least in the USA, perhaps the earliest offshore gas production (from Mozambique) lies beyond 2020 and a categorisation as reserves must await the first signed gas contracts (as Shell discovered, to their cost, in Nigeria almost 10 years ago). Perhaps the earliest gas production will in fact be from onshore South Africa (for example, shale gas, or coal bed methane plays associated with South Africa's massive coal reserves) or perhaps small discoveries onshore in Tanzania?

Offshore oil discoveries may reach production relatively rapidly. Are there 'oily' exploration opportunities in the region, for example, is the Namibian sub-salt play equivalent to, or at least similar to, the prolific plays offshore Brasil? And what about South Africa itself; do offshore its East Coast or perhaps the Orange River Basin offer soon-to-be discovered oil?

If the oil and gas industry develops in Southern Africa, it means there will be a need for a range of services, particularly engineering contracting. Additionally, access to large amounts of gas could drive the growth of a domestic chemicals industry.

South Africa itself offers access to skills and general infrastructure, including port facilities. UK companies seeking opportunities in South Africa might be able to take advantage of the bi-lateral UK-South Africa Trade Agreement which aims to double trade between UK and South Africa by 2015.

For the proceedings of this Forum, including videos of complete presentations and slide packs, please click here.


Article Tags

South Africa Africa Coalbed Methane LNG Shale Gas Unconventionals West Africa

This article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. More

Related News

Join 80,000 oil and gas professionals who receive our weekly newsletter.

You may unsubscribe at any time with one click.

Popular Headlines View all

Latest Opinion View all

Join 90,000 other oil and gas professionals

Network with others, build your profile, and receive the latest oil and gas news in your inbox. It's free!

Create profile

Time for a change? All jobs Jobs near you


OilVoice, established in 2002, is your leading source of upstream news, jobs and industry information.


Each week we send our weekly industry round-up. Why not try it? You may unsubscribe at any time.

Contact OilVoice

Milton Keynes
United Kingdom
Contact Us

Stay Connected

2016 © OilVoice  .  Privacy Policy  .  Terms of Service  .  Oil Careers  .  Advertise with us