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The first is approving projects quickly enough to ensure they don’t miss out on the benefits of a period of higher prices.
Africa Enjoys Oil Boom as Drilling Spreads Across the Continent
published Nov 5, 2018, 6:01:00 PM, by Paul Burkhardt (Bloomberg) — Africa is finally seeing the benefits from the recovery in crude prices as companies ramp up drilling from Algeria to Namibia. The rigs are returning and wildcatters are getting excited again after a years-long hiatus during the oil-price slump.