29 March 2018, Sweetcrude, Lagos — Close to $194bn will be spent between 2018 and 2025 on 93 upcoming oil and gas fields in Africa. Capital expenditure (CapEx) into conventional, unconventional, and heavy oil projects would form $88.9bn; $3bn and $1.9bn of the region’s capital spend respectively over the eight-year period, according to GlobalData, a …
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