Extremely Deep Oil and Gas Fields Offshore of the West and East Coasts of Africa, Business and Industry Trends Analysis

Africa continues to be one of the most prolific and promising offshore oil and gas regions in the world.  Immense amounts of production flow from deepwater fields near nations including Nigeria, Angola, Ghana and the Democratic Republic of Congo.  An International Energy Agency (IEA) report dated October 2014 stated that nearly 30% of oil and gas discoveries worldwide over the previous five years had been made in Sub-Saharan Africa. Development and investment continue.  These fields are so massive and have such potential that that world’s major oil and gas firms are maintaining an interest in exploration and development. For example,…

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