Abstract
Oil industry activity in central and southern Africa appears to have stabilized in the last few years, but some activities (such as field development and exploration acreage acquisition) are still declining. Several countries have advertised open concessions and invited bids. Only in a very few cases have the offers stimulated the interest of oil companies. An exceptional increase in exploration concession acquisition took place in the East Africa rift area. Land seismic acquisition increased mostly in Nigeria, but 1985 marine seismic activity was half the 1984 activity. Exploration drilling was higher than in 1984, but development drilling was considerably lower. Significant discoveries were made in Gabon and Angola. Production increased 8%, with the largest and most significant increase in Angola, followed by Gabon. The production share of non-OPEC versus OPEC countries remained stable at 33%.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
