You said....
The majors pumping large amounts of cash into offshore Africa are purely looking at European profits and markets where they do not have to worry about any major infrastructure builds like gas plants and powerline builds.
I have to say this gharp but you have outdone your negativity to ridiculous levels with that statement.
What do you reckon the cost of deep water oil will cost to bring to market?
Clearly you have done zero reserch.
For example a FPSO, required for all offshore, start at a billion and go up from there.
What makes you think there is no infrastructure required to get all the oil to the FPSO?
Maybe go and have a look at what WPL are spending in Senegal.....North of $5 billion for phase 1 of 350 mmbbls and this is in relatively shallow water and not overly deep either compared to the Namibia wells.
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