Africa oil and gas review 2019

Fuel for thought

Current developments and a look into the future.

Overview

Breakthrough technologies are unlocking significant new reserves, processing, transportation and downstream uses that were previously unviable, unknown or inaccessible. Decarbonisation driven by the environmental sustainability agenda is shifting the energy mix at an accelerating pace, which is particularly evident across North America, Asia and Europe. This seems likely to position gas ahead of coal by 2030 to become the world’s number two fuel.

Oil rig at sea

Globally, 2018 was a successful year in oil and gas exploration with discoveries approximately doubling those made in 2017.

 

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Growth and development

Contact us

Andries Rossouw

Africa Energy, Utilities and Resources Leader, PwC South Africa

Tel: +27 (0) 11 797 4060

Jonathan Cawood

Partner: Strategy&, PwC South Africa

Tel: +27 (0) 11 797 5236

Pedro Omontuemhen

Partner, PwC Nigeria

Tel: +234 1 271 1700

Jose Azevedo

Partner, PwC Mozambique

Tel: +258 21 307 620

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