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Africa still under-explored by oilers says Halliburton’s Lakani

Ramin Lakani, regional general manager for Halliburton says oil firms have some way to go before realising the full resource potential Africa has to offer.

Speaking at the Oil & Gas Council’s 2015 Africa Assembly, the oil services expert says there is an abundance of untapped onshore, offshore and shallow water opportunities across the continent.

However, the low oil price has affected profitability levels and hampered exploration efforts recently and Lakani says focusing on costs and improving efficiencies should be key priorities.

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