EnerGeo Alliance Releases New Economic Analysis on South Africa’s Emerging Upstream Oil and Gas Industry
Cape Town, Western Cape, South Africa, Sept. 30, 2025 (GLOBE NEWSWIRE) — EnerGeo Alliance published a report analysing the prospective economic benefits and opportunities that would stem from a robust expansion of offshore oil and gas exploration and production in South Africa. South Africa is currently experiencing a prolonged period of economic stagnation, characterised by slow GDP growth, declining investment, a contracting productive base due to de-industrialisation, and persistently high unemployment. This context underscores the urgent need for new economic drivers. The domestic oil and gas industry in South Africa presents a transformative opportunity to strengthen energy security, stimulate industrial
