AfrOil - Africa Oil & Gas

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Oil & Gas

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Overview

AfrOil has always been at the forefront of news and analysis on political change in Africa. Leading commentaries in recent years have covered the Arab Spring in North Africa, the splitting of Sudan, and regional political divides in Nigeria and other countries. AfrOil not only provides analysis of what is happening on the political landscape, but gives insights in to what effects this may have on the oil & gas industry in these regions.

 AfrOil highlights company activity throughout Africa, from planning and investment to production and results. Through its coverage of new projects and developments, as well as contracts or tenders being announced and won, AfrOil has allowed our customers to keep ahead of their competition and look for new opportunities across the continent.

 AfrOil is fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.

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Turkey set to commence oil drilling off Somalia coast in 2025

23 April 2024

Turkey is gearing up to kickstart oil drilling operations off Somalia's extensive coastline starting early 2025, as confirmed by Mohamed Hashi Abdi, Director General of the Somali Ministry of Petroleum and Mineral Resources.

Shell Egypt, partners launch new development phase for offshore West Delta Deep Marine concession

23 April 2024

Shell Egypt has agreed with its partners – Egyptian Natural Gas Holding Company (EGAS), Egyptian General Petroleum Corporation (EGPC), and Petronas – to initiate new developments within Egypt’s offshore West Delta Deep Marine (WDDM) concession.

Egypt to halts LNG exports from May, say government sources

22 April 2024

The Egyptian government will halt liquefied natural gas shipments starting from May, to ensure high demand by businesses and households during the summer is met.

SDX Energy sells Egyptian assets in West Gharib for $6.6mn

22 April 2024

CEO Daniel Gould said SDX will continue to “carry out due diligence for its medium-term expansion into the vertical adjacencies of gas transportation, gas-to-power, and renewable energy generation”.

Financiers debate fate of TotalEnergies-led Mozambique project amid environmental, human rights issues

22 April 2024

In January 2024, TotalEnergies announced its intention to resume the project, backed by public and private financial institutions, including eight export credit agencies (ECAs) and 15 commercial banks.

Nigerian petroleum regulator plans to bolster local crude refining

21 April 2024

Nigeria, historically Africa’s largest crude oil exporter, relies heavily on imports to meet local energy needs. However, the government is trying to change that with plans to revive four moribund oil refineries and put them back in operation.

Equatorial Guinea awards Petrofac $350mn five-year contract centred on Zafiro oilfield

18 April 2024

Petrofac awarded $350mn technical services contract by Equatorial Guinea's state oil company GEPetrol to support its operations in offshore Block B when it takes over the asset from ExxonMobil in June.

French oil group Rubis inks deal to become strategic investor in NOC Kenya

18 April 2024

French oil multinational Rubis is set to become a strategic investor in the struggling National Oil Corporation of Kenya

Republic of Congo expands oil partnerships, eyes closer ties with Azerbaijan

17 April 2024

The Republic of the Congo’s President Denis Sassou-Nguesso is diversifying the West African country’s oil and gas partnerships in search of reliable allies to explore its substantial reserves.

PetroNor E&P makes oil discovery offshore Congo

17 April 2024

PetroNor E&P encountered oil-bearing sandstones at the Perenco-operated PNGF Sud field, offshore Congo, in a new well drilled by Dixstone Drilling.

What next for oil markets after Iranian strike on Israel?

16 April 2024

For the time being, traders have apparently shrugged off fears of a direct war between Israel and Iran, but escalation is still a significant risk.

Botala Energy gas desorption test results at CBM project in Botswana exceeds expectations

16 April 2024

ASX-listed Botala Energy Ltd announces promising initial results from ongoing gas desorption testing at wholly-owned Serowe coal bed methane (CBM) Project in Botswana.

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Edited by

Jennifer deLay

Editor

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