Country Report

Madagascar upstream summary

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In January 2025, Madagascar announced an initiative to refresh its upstream industry. The government aims to overhaul the oil and gas sector by introducing fairer contracts. This involves three key steps: terminating outdated agreements, developing a new model production sharing contract (PSC) and lifting the suspension on block promotions. The country hopes these changes will attract fresh investment and revitalise the industry. Madagascar has experienced limited commercial production. ...

Table of contents

  • Introduction
  • Morondava and Majunga basins
  • Diego Ambilobe basin
  • Cap Saint Marie and Ile Saint Marie basins
  • Petroleum plays
  • Licensing
    • Historical activity
    • Drilling activity
  • Recent exploration
    • Success rates
  • Oil/liquids
  • Gas
  • 19 more item(s)...

Tables and charts

This report includes the following images and tables:

    Map of Madagascar petroleum basinsGeneralised stratigraphy of Madagascar
    Drilling activity by well typeMadagascar licence map

What's included

This report contains:

  • Document

    Madagascar upstream summary

    XLS 484.50 KB

  • Document

    Madagascar upstream summary

    PDF 2.16 MB