Macro Trends

African Governments Dither as IOCs Try to Exit

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  • International oil companies (IOCs) are determined to exit onshore Nigeria, Equatorial Guinea and Chad — having already downsized in Gabon and Cameroon.
  • Replacement investors are proving hard to come by.
  • Most governments are distracted by internal politics.

The Issue

Resource Access, Fiscal Terms, Policy and Regulation, Conventional Oil and Gas, Offshore Oil and Gas, Upstream Projects
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