Savannah strikes it lucky in the Sahara
UK independent can develop its Agadem field on the back of a major funding boost and pipeline access to world markets
British independent Savannah Petroleum is preparing to complete the Seven Energy gas deal in Nigeria—a move that will equip it with the financial clout to develop its Agadem field oil assets in neighbouring Niger. The news comes just weeks after Chinese major CNPC signed a cross-border pipeline deal with Benin and Niger that opens up Savannah’s prospects of exporting to the world market. Since 2014, Savannah’s five exploration wells have produced five discoveries in Agadem, a remote region on the fringes of the Sahara. Funding constraints have so far delayed investment to bring these into production—but this obstacle should soon be lifted by the somewhat-delayed Seven transaction. The London
Also in this section
12 December 2025
The latest edition of our annual Outlook publication, titled 'The shape of energy to come: Creating unique pathways and managing shifting alliances', is available now
12 December 2025
The federal government is working with Alberta to improve the country’s access to Asian markets and reduce dependence on the US, but there are challenges to their plans
11 December 2025
The removal of the ban on oil and gas exploration and an overhaul of the system sends all the right messages for energy security, affordability and sustainability
10 December 2025
The economic and environmental cost of the seven-year exploration ban will be felt long after its removal
