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Africa

Market Characteristics

Most of the subsea projects in Africa are concentrated on the west coast of the continent. The majority of prospects are in Nigeria and Angola, but other nations such as Congo, Egypt, Equatorial Guinea, Ivory Coast, Libya, Mauritania and South Africa also have activity. North Africa is predominantly a gas market characterized by large volume low well count projects and the West Coast is mainly the oil market with large reservoirs and many subsea wells, including water injection wells in water depths in excess of 1,000 m (3,280 ft).

As technology becomes increasingly reliable and equipment operating in deeper depths, large projects will continue to flourish such as Total Girassol, BP Greater Plutonio, Total Pazflor, Chevron Agbami, ExxonMobil Zafiro and CNR Baobab.

The most active operators in the Africa Region are Total, ExxonMobil, Chevron, BP, BG, Shell, Amerada Hess and ENI. Over the years, increasing activity from operators such as BP, Chevron, Woodside, StatoilHydro and PetroSA all are currently active subsea. FMC continues to work with all these operators in the Africa Region. FMC and Total recently joined together on the Pazflor project which will be a milestone project for the region as the first ever subsea separation system in deepwater West Africa.