The total crude oil and condensate production of Africa increased by 2.31% in 2023 when compared with 2022. The largest oil producing countries in Africa are Nigeria, Angola, and Libya. Through to 2030, annual crude oil and condensate production is forecasted to decrease by a CAGR of 0.58%. GlobalData uses proprietary data and analytics to provide a complete picture of the global oil & gas fields segment.
Here are the ten largest upcoming crude oil fields by reserves in Africa, according to 骋濒辞产补濒顿补迟补鈥檚 Oil & Gas, Upstream Fields Database.
1. Venus
Venus is located in South Atlantic Ocean, Namibia. This crude oil field is owned by Impact Oil & Gas Ltd (20.00%), National Petroleum Corporation of Namibia (10.00%), QatarEnergy (30.00%), TotalEnergies SE (40.00%) and operated by Total E&P Namibia BV. Production from this field is expected to begin in 2030 and is forecasted to peak in 2033, approximately at the rate of 0.25mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2074.
2. Tilenga
Tilenga is located in Masindi, Uganda. This crude oil field is owned by China National casino777 Oil Corp (28.33%), TotalEnergies (56.67%), Uganda National Oil Co (15.00%) and operated by Total E&P Uganda BV. Production from this field is expected to begin in 2025 and is forecasted to peak in 2026, approximately at the rate of 0.19mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2059. .
3. Bonga Southwest/Aparo
Bonga Southwest/Aparo is located in Gulf of Guinea, Nigeria. This crude oil field is owned by Chevron Corp (16.60%), Eni SpA (10.00%), Exxon Mobil Corp (16.00%), Lukoil Oil Co (3.40%), Shell plc (44.00%), TotalEnergies SE (10.00%) and operated by Shell Nigeria Exploration & Production Co. Production from this field is expected to begin in 2026 and is forecasted to peak in 2027, approximately at the rate of 0.15mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2059.
4. Owowo West
Owowo West is located in Gulf of Guinea, Nigeria. This crude oil field is owned by Chevron (27.00%), China National casino777 Oil (18.00%), Exxon Mobil (27.00%), NNPC (10.00%), TotalEnergies (18.00%) and operated by Esso Exploration and Production Nigeria. Production from this field is expected to begin in 2025 and is forecasted to peak in 2027, approximately at the rate of 0.18mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2060. .
5. Sangomar Phase 2
Sangomar Phase 2 is located in North Atlantic Ocean, Senegal. This crude oil field is owned by Petrosen (18.00%), Woodside Energy Group (82.00%) and operated by Woodside Energy Senegal. Production from this field is expected to begin in 2027 and is forecasted to peak in 2028, approximately at the rate of 0.07mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2060. .
6. Bonga North
Bonga North is located in Gulf of Guinea, Nigeria. This crude oil field is owned by Eni (12.50%), Exxon Mobil (20.00%), Shell (55.00%), TotalEnergies (12.50%) and operated by Shell Nigeria Exploration & Production Co. Production from this field is expected to begin in 2025 and is forecasted to peak in 2026, approximately at the rate of 0.09mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2063.
7. Chissonga
Chissonga is located in South Atlantic Ocean, Angola. This crude oil field is owned by Sonangol EP (20.00%), TotalEnergies SE (80.00%) and operated by Total E&P Angola Block 16 AS. Production from this field is expected to begin in 2028 and is forecasted to peak in 2032, approximately at the rate of 0.16mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2053. . .
8. South Lokichar Development (Phase 1)
South Lokichar Development (Phase 1) is located in Turkana, Kenya. This crude oil field is owned by Africa Oil (25.00%), TotalEnergies (25.00%), Tullow Oil (50.00%) and operated by Tullow Kenya BV. Production from this field is expected to begin in 2026 and is forecasted to peak in 2026, approximately at the rate of 0.12mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2044. .
9. Preowei
Preowei is located in Gulf of Guinea, Nigeria. This crude oil field is owned by Africa Oil (8.00%), Banco BTG Pactual (8.00%), China National casino777 Oil (45.00%), South Atlantic Petroleum (15.00%), TotalEnergies (24.00%) and operated by Total Upstream Nigeria. Production from this field is expected to begin in 2027 and is forecasted to peak in 2029, approximately at the rate of 0.06mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2050. .
10. Kingfisher
Kingfisher is located in Western Region, Uganda. This crude oil field is owned by China National casino777 Oil Corp (28.33%), TotalEnergies SE (56.67%), Uganda National Oil Co (15.00%) and operated by Total E&P Uganda BV. Production from this field is expected to begin in 2025 and is forecasted to peak in 2028, approximately at the rate of 0.04mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2045.. .
For more details on the upstream fields, .
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