IHS sketches out development plans for Africa’s Atlantic discoveries

IHS sketches out development plans for Africa’s Atlantic discoveries

Major deepwater discoveries will require major project developments to commercialise, with gas playing a crucial role, analysts from IHS Markit have said during a recent webinar.

“There is a unique opportunity to invest in new projects, given the high prices, which we expect to remain high for a few years,” IHS technical researcher for Africa Ismini Katsimpardi said. “Projects that were not viable one or two years ago can now go ahead.”

Katsimpardi talked through discoveries in Cote d’Ivoire, Namibia and South Africa.