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Originally published by The Kenyan Wall Streetbusiness
October 6, 2025
2h ago
Industry Leaders Push for Faster Permits, Better Seismic Data, to Unlock Africa’s Oil and Gas Potential
Industry leaders say improved seismic surveys and faster permitting are critical to unlocking Africa’s frontier oil and gas potential..
✨ Key Highlights
Industry leaders at **Africa Energy Week 2025** are advocating for expedited permitting processes and enhanced seismic data to unlock **Africa's** oil and gas potential, anticipating a significant rise in capital expenditure.
- African oil and gas capital expenditure is projected to reach $54 billion by 2030, with a $6 billion increase in exploration spending for 2024.
- Nikki Martin, President and CEO of EnerGeo Alliance, highlighted the need for better seismic data for project development.
- TotalEnergies' VP of Exploration Africa, Emmanuelle Garinet, cited the **Venus well** in **Namibia** as an example where good data sets contributed to a 50% probability of success.
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