1. NS4960 Spring Term 2018 Africa: Oil and Gas Acreage Expansion
Oxford Analytica, Africa: Oil and gas acreage push will hasten, March 4, 2018

2. Overview
Offshore West and Southern Africa seeing a revival of exploration as the oil and gas industry recovers following the 2014 oil price crash
Oil majors such as
ExxonMobil and BP
Have purchased acreage
Existing companies expanding and announcing new drilling plans
Upsurge in activity will bring a short-term economic boost to the countries concerned
However, public expectations of imminent windfalls will have to be carefully managed.

3. Areas of Exploration