Sub-Saharan Africa set for rough upstream ride as supermajors target exits, report says

Wood Mackenzie says region could be transformed as big oil eyes asset sales, with multiple opportunities for buyers

Future: could deep-water oil projects - such as Total's Kaombo Norte off Angola (pictured) - become a rarity in a low-carbon world?
Future: could deep-water oil projects - such as Total's Kaombo Norte off Angola (pictured) - become a rarity in a low-carbon world?Photo: AFP/SCANPIX
Published 7 October 2020, 15:48Updated 7 October 2020, 15:48