The West African Oil & Gas Market 2013-2023

London (PRWEB) November 13, 2013

Report Details

The West African oil & gas market is experiencing a period of strong growth, with significant exploration and production activity taking place in the region’s offshore fields. The similarities between the pre-salt reserves in Brazil and West Africa is generating renewed interest in the latter’s oil & gas market, while high oil prices are enticing companies to invest in deepwater E&P. This will lead to substantial growth over the coming decade, creating opportunities for companies involved in the region’s oil & gas market. Visiongain’s analysis shows that capital expenditure in the West African oil & gas market will total $ 21.30bn in 2013. This includes spending on exploration and production projects, as well as oil & gas infrastructure projects, such as refineries, pipelines, LNG and GTL facilities.

The 8 West African countries profiled in the report are Angola, Cameroon, C