Oil & Gas

Oil & Gas Industry

We work hand in hand with oil & gas firms across multiple sub-sectors like; Conventional and unconventional oil and gas. exploration and production, Midstream, Refining and marketing, Oil field service, Equipment manufacturing.
We deal with the markets challenges like cost and productivity, supply chain, operating models and more recently incessant price fluctuations.
We design and implement solutions that produce enduring results for our clients.

Industry Stats

According to the 2012 BP Statistical Energy Survey, Africa had proved oil reserves of 132.438 billion barrels at the end of 2011, equivalent to 41.2 years of current production and 8.01 % of the world’s reserves. Africa produced an average of 8804.4 thousand barrels of crude oil per day in 2011, 10.44% of the world and a change of -12.7 % compared to 2010.
According to the same survey, Africa had 2011 proved natural gas reserves of 14.53 trillion cubic metres, 6.97% of the world and equivalent to 71.7 years of current production while 2011 natural gas production of 202.65 billion cubic metres, a change of -5.1% versus 2010 and equivalent to 6.17% of the world total. Africa had 2011 natural gas consumption of 109.8 billion cubic metres, 3.4% of the world total.
— 2012 BP Statistical Energy Survey


LBR Oil & Gas Spotlight

Find out what the Longhall Business Review has to say about the Oil & Gas Industry.

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