Industry Developments

BMI View: Africa Oil has announced the completion of a production sharing agreement (PSA) for acreage in Ethiopia, confirming that East Africa's onshore rift basins remain one of the... 2013-02-22

BMI View: Tethys Oil's recent oil discovery further strengthens the company's outlook, which has been rising recently on the back of new Omani production. More importantly, the discovery... 2013-02-14

The Ugandan refinery dream seems to have suffered another blow as Kamplala now appears to hunt for new investors. In an interview with the East African Business Week, Peter Lokeris,... 2013-02-13

BMI View: Growing prospectivity offshore Morocco has led to renewed interest in the waters of Western Sahara, which although largely claimed by Rabat remains a territory that is the... 2013-02-07

BMI View: Schlumberger, the world's leading oilfield services firm (OFS), is finally going to be leaving Iran, as it concludes its final contracted work there in 2013. The announcement... 2013-02-04

BMI View: Production from new fields could help ease the hit to Chad's oil dependent economy as output from the Esso-operated Doba fields continues to decline. While the wider region... 2013-02-01

BMI View: Encouraging results from an appraisal well on Bowleven's Etinde block could be a boost to prospects for both the firm and Cameroon, as the company approaches a decision in... 2013-01-31

BMI View: New output from Dana Petroleum's Nefertiti Oilfield will provide a much-needed - albeit modest - boost to Egyptian oil production when it comes online in summer 2013. However,... 2013-01-30

BMI View: Activity across Morocco's nascent energy sector looks set to gain serious momentum. After a steady series of acquisitions by small independent companies over several months,... 2013-01-25

BMI View: Hopes that Libya's oil industry would make a quick return to stability could be dashed by the Algerian hostage crisis in Amenas, which is indicative of increased political... 2013-01-25