LAGOS (Capital Markets in Africa) – If any two words have dominated the debate about oil and gas in Africa over the last few years, they have been “local content”. The term encapsulates the idea that oil revenue can be used to develop the wider economy by making it local. The term has until recently been narrowly coined in reference to the nationalisation of industry, but more recently it has been used in the wider…
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LAGOS (Capital Markets in Africa) – This article explores some of the significant trends that have emerged from recent oil and gas upstream deal activity in Africa following in the aftermath of 2015’s oil price crash, as well as considering the outlook for future transactions and the dynamics in play that influence acquisitions and disposals in the industry. Africa feels the benefits of oil price stability Looking from a macro perspective, 2017 saw welcome stability…
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LAGOS (Capital Markets in Africa) – Standard Bank is one of Africa’s leading banks, with an on the ground presence in 20 African countries. The bank has an established Oil & Gas practice which serves relationships and executes transactions across the upstream, midstream and downstream sectors. Africa’s Current LNG Position Africa started early in LNG, with Algeria exporting its first cargo to the UK as far back as 1964. Subsequently, until 2017, despite its established…
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LAGOS (Capital Markets in Africa) – Welcome to the May 2018 edition of INTO AFRICA, a publication with fresh insight into Africa’s emerging capital markets. This month’s edition, titled: Bouncing Back: African Oil and Gas explores oil and gas laws and regulations across African countries as well financing options for oil and gas projects. With the oil price pushing through to the US$70 mark, and further confidence that the price will remain more stable in…
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