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Flash News

Tanzania: Mnazi Bay Mobilises Rig for Three-Well Drilling Campaign to Boost Gas Production

MOZAMBIQUE: Mozambique LNG announces the full restart of all its activities onshore and offshore

ANGOLA: Afreximbank Successfully closes $1.75B Facility for Sonangol

High-impact Wells: Africa Will Continue to Drive Global Drilling Activity in 2026

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Invictus Energy Terminates Subscription Agreement with Al Mansour Holdings

NIGERIA: Chevron Successfully Completes the Awodi-07 Appraisal and Exploration Well

MOROCCO: Sound Energy Provides Tendrara Development, Anoual Exploration Permits Operational Update

BENIN: Sèmè Field in Block 1 expected to Commence Production Next Week

LIBYA: TotalEnergies Signs the Extension of the Waha Concessions until 2050

Sunday, February 01, 2026

Tag: fiscal terms

Fiscal revisions may unlock Sub-Sahara Africa’s 48 billion barrels of discovered oil
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Fiscal revisions may unlock Sub-Sahara Africa’s 48 billion barrels of discovered oil

kamau October 28, 2015

Wood Mackenzie asserts that the oil price crash has accelerated the need for fiscal adjustments, as Sub Sahara African governments prepare to weather significant reductions in vital tax revenue. With … Read More

final investment decision (FID)fiscal termsgasInvestmentlegislationlocal contentoilProduction Sharing ContractsSub Sahara Africataxtax revenueWood Mackenzie Comment on Fiscal revisions may unlock Sub-Sahara Africa’s 48 billion barrels of discovered oil
Need To Cut Upstream costs,Have Reasonable Local Content Requirements in Sub-Sahara Africa – – Wood Mackenzie
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Need To Cut Upstream costs,Have Reasonable Local Content Requirements in Sub-Sahara Africa – – Wood Mackenzie

kamau October 28, 2015

As only one third of the continent’s pre-sanction projects are economical at less than US$50 per barrel ($/bbl), Wood Mackenzie says greater collaboration with the service sector, increased focus on … Read More

deepwater projectsfiscal termsleased floating production storagelocal contentoffloading (FPSOs) vesselsoil priceSub Sahara AfricaWood Mackenzie 1 Comment on Need To Cut Upstream costs,Have Reasonable Local Content Requirements in Sub-Sahara Africa – – Wood Mackenzie

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