Related Articles
Forward article link
Share PDF with colleagues

Republic of Congo bouncing back

The central African nation looked to be a hydrocarbons has-been, but chunky discoveries in recent years have reversed the trend

Despite gloomy forecasts a few years ago, and allegations of corruption in the hydrocarbons sector, the Republic of Congo (RoC) is nevertheless still churning out oil. It has even managed to nudge itself up the international production league table in recent years. New production, largely from France's Total and Eni, is expected to boost the country's oil output by some 40,000 barrels a day in 2017, to around 350,000 b/d. This estimate (from Opec data) is a notable turnaround for an industry, which seemed to have peaked a decade ago. Output has generally been in the 250,000-300,000 b/d range over recent years. Eni's discovery in 2012 of the Nene Marine oilfield, offshore from Pointe Noire

Also in this section
Methane rises on investors’ risk radar
20 June 2018
Methane emissions are forming an important part of investors' broader climate change strategy
Latest licensing rounds
18 June 2018
The industry's most comprehensive list of current and recent rounds for onshore and offshore licenses
Tech firms jostle for a slice of the FLNG pie
12 June 2018
BHGE, Black and Veatch, TechnipFMC and a host of other firms are honing their FLNG products