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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.
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Angolan oil minister says ANPG should receive larger share of oil profits
Diamantino Azevedo, Angola’s minister of mineral resources and oil, has expressed support for moves to raise the government’s share of profit from producing oilfields.
Sudan, South Sudan extend oil agreement until March 2022
The governments of Sudan and South Sudan have arranged to extend the term of a bilateral agreement on co-operation in the oil and gas sector.
Mozambique LNG to receive $400mn loan from AfDB
The African Development Bank has approved a $400mn long-term senior loan to support the Mozambique LNG project, which is being developed by a consortium led by France’s Total.
Nigeria’s regulatory regime a source of concern for local companies
Local business leaders are speaking out following the adoption of amendments to Nigeria’s deepwater contracts law.
Total touts its commitment to Nigeria’s master plan for natural gas
Total is committed to abiding by the Nigerian government’s plan for optimising the use of domestic natural gas resources, a representative of the French major’s Nigerian affiliate has said.
NOC subsidiary restarts production at 40-year-old well
A wholly owned subsidiary of Libya’s state-owned National Oil Corp. (NOC) has restarted production at a 40-year-old well drilled at the Messla field.
Springfield Energy completes drilling programme offshore Ghana
Springfield Energy, an independent Ghanaian company, has reported that it has wrapped up its drilling programme at West Cape Three Points Block 2 (WCTP Block 2), its licence area offshore Ghana.
Senegal discusses gas-to-power plans
Senegal’s Petroleum and Energy Minister Mahamadou Makhtar Cisse said last week that his country was keen to use its offshore reserves of natural gas as fuel for electricity generation.
Sonatrach sees pipeline gas sales sinking, spot LNG sales rising
Sonatrach, Algeria’s national oil company (NOC), anticipates a sharp drop in natural gas sales this year.
South Africa’s DNG preparing to start LNG bunkering
South African infrastructure company DNG Energy has said it will start LNG bunkering operations in Algoa Bay in the second quarter of 2020.
African officials highlight continuing importance of oil and gas
Despite climate concerns, African officials continue to view fossil fuels as an important driver of economic growth and development.
NNPC head comments on next bidding round, talks on amendments to contract law
The head of NNPC says Nigeria's next bidding round will take place in mid-2020, after the conclusion of talks with investors about amendments to the contract law covering deepwater development.
ONHYM chief: Morocco remains committed to proposed Atlantic gas pipeline
The head of Morocco's government says the country remains committed to the construction of the Atlantic pipeline, which will pump natural gas from Nigeria to the coast of the Mediterranean Sea.
Springfield Energy reportedly makes big oil find offshore Ghana
Springfield Energy, an independent Ghanaian company, has reportedly discovered reserves of crude oil at an offshore licence area known as West Cape Three Points Block 2 (WCTP Block 2).
Second phase of development underway at Libya’s Faregh gas field
A subsidiary of Libya’s National Oil Corp. (NOC) has successfully launched the second phase of development work at the Faregh natural gas field.
Tunisia sees Nawara gas field coming online by year-end
Slim Feriani, Tunisia’s Minister of Industry and Small and Medium Enterprises, said last week that his country was on track to bring the Nawara natural gas field on stream by the end of the year.
Nigeria says it is complying with OPEC’s production policy
A high-ranking representative of NNPC declared last week that Nigeria was in compliance with OPEC’s production quotas.
Uganda tests tertiary recovery methods for Lake Albert oilfields
The Petroleum Authority of Uganda (PAU) has launched a pilot programme that involves using tertiary recovery methods to increase yields at crude oil deposits.
Equatorial Guinea approves plan to have Saipem build offshore gas line
Equatorial Guinea has approved the award of a contract to Saipem for the construction of a pipeline that will connect Noble Energy's offshore gas field to the petrochemical complex that is being built at Punto Europa.
Total seen gearing up to sell 12.5% stake in OML 118
France’s Total is reportedly looking to unload its minority stake in OML 118, a deepwater field located offshore Nigeria.
Total’s South African subsidiary reports on work at Brulpadda field
Total’s South African subsidiary is making progress at Brulpadda, an offshore field within Block 11B/12B.
PetroSA, Rosgeologia continue talks on offshore Blocks 9 and 11A
South Africa’s national oil company (NOC) PetroSA is reportedly still in talks with Rosgeologia, Russia’s state geological concern, on participation in the development of two offshore blocks.
Mozambique’s LNG players note progress
Comments from this week’s Africa Oil Week conference highlight steps being taken by Mozambique’s LNG developers as the country’s nascent LNG industry takes shape.
Nigeria amends deepwater contract law
Amid efforts to recover $62bn in purportedly lost revenues, Nigeria’s president has endorsed amendments to the Deep Offshore and Inland Basin Production Sharing Contract Act.
Aker changes approach to Pecan oil project in Ghana
Norway’s Aker Energy said last week that it would have to revise its plans for the development of Pecan, an oilfield that lies within the DWT/CTP block, in light of a dispute with the government of Ghana.
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