Offshore Africa: The Next Oil and Gas Hotspot?

Ever since the late 1950s, when commercial quantities of oil were first discovered in Nigeria's Niger Delta basin, West Africa has been an area of interest for oil and gas exploration and production companies. But a host of challenges, many of them related to threats of violence and corrupt political regimes, dissuaded many of the world's leading energy companies from prospecting areas of Africa more thoroughly.

 
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