Middle East Economic Survey

VOL. L

No 51

17-December-2007

MEESAgenda

MENA Exploration Campaign For 2007 Notable For North African Discoveries

North African oil and gas producers made a string of discoveries in 2007, although the large Middle East Gulf producers also made some potential additions to reserves. The dominance in numerical terms of North Africa among the exploration successes is a result of recent changes in policy and increased efforts to attract investment.

Of the 51 oil and gas finds...