Perhaps the starting point here is to recognise that there is manifestly no political coherence, no unifying political entity, which covers Morocco – Algeria – Tunisia – Libya – Egypt. Nevertheless Algeria, Libya and Egypt are major petroleum-producing countries, and Morocco has surprised industry insiders with a recent, reportedly significant, gas discovery. What seems clear that any North African portfolio would be thin if it did not include assets in Egypt, acquired if necessary via the active A&D market which exists there. Egyptian production could then ‘anchor' a regional entity seeking North African development and/or appraisal projects, possibly even (shock horror!) There are a number of smaller E&Ps with some presence already in North Africa that might contemplate such Egyptian-led growth.

Source: The North Africa Journal February 20, 2017 21:29 UTC