Driven by efforts by African oil and gas producers to accelerate the exploitation and monetization of their vast hydrocarbon resources, Africa is emerging as a hive for onshore drilling campaigns for global majors, independents and local explorers alike in 2023 and beyond – according the African Energy Chamber (AEC)’s The State of the African Energy: 2023 Outlook.
In part, operators are diversifying their portfolios across Africa’s hydrocarbon-rich basins, with onshore drilling remaining less costly yet offering significant growth opportunities for junior and independent explorers seeking to expand their operations.
