kk100 kk100hd – yellow fields oil in South Africa

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  • kk100 kk100hd – yellow fields oil in South Africa
  • kk100 kk100hd – yellow fields oil in South Africa
  • kk100 kk100hd – yellow fields oil in South Africa
  • kk100 kk100hd – yellow fields oil in South Africa

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South Africa Oil Discovery Could Be A Game

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  • Where are the oil & gas fields in South Africa?
  • A high proportion of the fields anticipated to be developed in Mozambique and Tanzania are located in water depths over 1,000 metres and, as such, have long development lead times. Infield Systems’ new Offshore South and East Africa Oil and Gas Activity map reflects the activity levels and interest within this increasingly important region.
  • Could South Africa be the next oil & gas exploration hotspot?
  • While South Africa is currently drafting new legislation on oil and gas resource development, the offshore regions around the whole African continent has recently seen growing interest from oil and gas majors willing to explore what they believe is the next exploration hotspot in the world.
  • How much oil will Africa need in 2040?
  • For refined petroleum products, McKinsey analysis suggests that African demand will grow from 4.1 million barrels per day today to approximately 5.3 million barrels per day by 2040, nearly half of which will need to be imported based on existing and planned refining capacity (Exhibit 4).
  • How can Africa improve oil and gas production?
  • Lastly, African oil and gas producing countries could implement measures to generally improve the ease of doing business, including streamlining the permitting processes and strengthening contract enforcement, which could also help to reduce operating costs.

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