Explorer Article

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Explorer Article

Discoveries were comparatively sparse, but they persisted steadily throughout the year. Here are some of the more significant discoveries of the past year.

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Explorer Emphasis

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Angola’s oil industry continues to benefit from new oil discoveries and ever increasing oil production, according to a paper presented at the Deepwater Offshore West Africa Conference (DOWAC) by AAPG member, Tako Koning.

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Explorer Emphasis Article

Wet and wild: The world’s increasing demand for hydrocarbons is a good sign that deepwater exploration will remain a key source of new global reserves.

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The impact of the rapid economic growth of “Asian giants” China and India is such that African oil supplies now face increased demand to fuel this growth and, therefore, increased E&P activity.

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Explorer Emphasis Article
Small players, big deals: Independents are becoming increasingly important in Africa’s energy picture.
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Quantity, not quality: The past year saw only a few jaw-dropping discoveries, but some important world developments opened new areas, bolstered existing production and provided a solid foundation for the future.

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