"Today, over 50% of our hydrocarbon production and reserves come from Africa, and we plan to allocate over 50% of our upstream CapEx here in the future."
"In 2023, we executed our first international project, which involved providing 24-hour diving services to support the installation of the first FPSO in Côte d'Ivoire."
"We have a good basis for comparison as we operate in six countries, and Côte d’Ivoire is amongst the most welcoming for sustainable and responsible mining."
"Operationally, throughout the year we have systematically been at the top end of our production guidance and below the bottom end of our cost guidance."
"GEOREC is an innovative, fast-growing company, and a benchmark consultancy in West Africa. We are expanding into Central Africa with the opening of an office in CAR."
"Roughly 20 mines have been built since 2010, taking an average of only 1.7 years to complete, which is significantly less than any other region globally. West Africa has an industry-wide track record of delivering projects both on time and on budget."
Latam North and Caribbean Mining 2025 - Digital Interactive
A convergence of high-commodity prices and low valuations, on the back of a structural deficit in exploration and discoveries, has set the perfect scene for increased M&A. The leverage is particularly high for acquisitions in Latam North and the Caribbean, where stocks do not command the high premiums of tier-one jurisdictions. But M&A is only a quick fix to the global resource replenishment crisis.