AfrOil - Africa Oil & Gas
TotalEnergies, AMNI take FID on Nigerian Ima gas project supplying NLNG Train 7
TotalEnergies and AMNI have taken FID on the offshore Ima gas project, expected to start in 2028 and supply around one-third of the gas needed for Nigeria LNG’s Train 7 expansion.
Saipem, Petrofund launch Namibia upstream skills partnership
Italian group Saipem (BIT: SPM) and Namibia’s Petroleum Training and Education Fund (Petrofund) have signed a memorandum of understanding to expand technical training and develop local skills for the country’s emerging upstream hydrocarbon sector.
Kenya prepares September 30 groundbreaking for $15bn-$16bn Lamu refinery
Kenya is preparing to break ground on a planned 700,000-barrel-per-day refinery in Lamu on September 30, with project costs estimated at $15bn-$16bn and major financing and crude-supply risks still unresolved.
Tanzania’s $42bn LNG project enters final legal stage ahead of approvals
Tanzania’s $42bn LNG project has entered final legal negotiations, with Host Government Agreements and LNG legislation still requiring state and parliamentary approvals before FID.
DRC to present oil and gas investment opportunities at AEW 2026
The Democratic Republic of the Congo (DRC) is seeking to accelerate development of its hydrocarbons industry, with Minister of State for Hydrocarbons due to present the country's oil and gas agenda at African Energy Week in Cape Town.
Dangote hires Engineers India for $450mn work on planned Kenya refinery, but key hurdles remain
Financing, crude supply, port infrastructure and permitting remain key execution tests for the Nigerian group's planned 700,000-bpd Lamu refinery.
Eco completes South Africa offshore farm-down to Navitas
Eco (Atlantic) Oil & Gas (AIM: ECO; TSXV: EOG) has completed the farm-down of a 37.5% working interest in Block 1 CBK offshore South Africa to Navitas Petroleum, transferring operatorship after receiving regulatory approvals.
Nigeria's Dangote outlines plan for more than $10bn African power investment
Dangote Industries plans to invest more than $10bn in African power over the next three to four years, although no specific projects, financing packages or final investment decisions have yet been disclosed.
Mozambique seeks Brazilian gas investment, plans licensing round
Mozambican President Daniel Chapo has invited Brazilian companies to invest in the country’s oil and gas sector and said Mozambique was preparing a new hydrocarbon licensing round as it seeks to expand domestic mineral processing.
Oman's OQ explores Angola energy investments with Sonangol
Oman’s OQ and Angola’s Sonangol have agreed to explore cooperation across upstream oil and gas, LNG, fertilisers, petrochemicals and commodity trading, alongside a separate 500-MW renewable energy plan.
Belgium's EXMAR to lease out FSRU to Côte d’Ivoire for 10 years
Belgium’s EXMAR has signed agreements to provide a floating storage and regasification unit to Côte d’Ivoire under a 10-year lease expected to generate around $21.3mn in annual EBITDA.
Armed group shuts pipeline from Libya’s Sharara oilfield
An armed group has shut a valve on a pipeline linking Libya’s major Sharara oilfield to the Zawiya export port, causing production rates to fall
Egypt plans $1.36bn strategic crude stockpile with Libya, Iraq supplies
The Egyptian government is currently planning to build a strategic crude oil stockpile of around 16mn barrels through new supply agreements with Libya and Iraq
Chevron, TotalEnergies back Namibia oil-contract negotiation training
Chevron (NYSE: CVX) and TotalEnergies (Paris: TTE, LSE: TTE, NYSE: TTE) have supported training to strengthen the Namibian government’s capacity to negotiate and administer international oil and gas agreements as offshore exploration intensifies.
South Africa’s PetroSA contests $37mn liquidation application over disputed fuel debt
South Africa’s state-owned oil company PetroSA is opposing an application by fuel trader Nako Energy to place it under provisional liquidation over a disputed ZAR605.5mn ($37.2mn) claim, saying it has a substantive defence and remains operational.
Uganda’s nearly built $5.6bn EACOP will open a route to oil markets, but a wider East African payoff remains uncertain
The East African Crude Oil Pipeline (EACOP) is nearing completion, opening a Ugandan crude-export route through Tanzania. But questions remain over financing, fuel security and wider economic gains.
Indonesia’s Pertamina eyes Nigeria’s 2026 oil licensing round as investment talks open
Pertamina is seeking producing and near-production oil assets abroad, VP for upstream business development Toriq Abdat said following talks with Nigeria’s upstream regulator.
Senegal and Zimbabwe test energy sovereignty against financing constraints
Senegal wants to use oil and gas revenues to reduce power costs, expand electricity access and support domestic industry, while Zimbabwe seeks investment in generation and grid upgrades.
Uganda expects first oil revenues to ease borrowing, bolster forex reserves
Uganda expects about UGX1.5 trillion ($388mn) in initial oil revenue in FY2026/27 as Kingfisher, Tilenga fields move towards first production and exports via the East African Crude Oil Pipeline (EACOP).
Tinubu urges Nigerian states to accelerate CNG, electric transport rollout, amid drive to cut fares
Nigerian President Bola Tinubu has urged the country's 36 state governments to accelerate compressed natural gas (CNG) and electric transport programmes
Ghana prepares exploratory well in Voltaian Basin, eyes fresh commercial oil and gas investment
Ghana is preparing to drill a key exploratory well in the Voltaian Basin, a step that could help determine whether the country’s largest sedimentary basin can attract commercial oil and gas investment.
Tanzania, Uganda revive Tanga refinery plan as EACOP nears completion
Tanzania and Uganda have revived plans for a major crude oil refinery in Tanga, tied to the EACOP corridor and a broader energy hub that officials say could attract more than $20bn in investment.
Nigeria regulator sets October 31 deadline for PPL compliance reports
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has asked holders of non-performing petroleum prospecting licences (PPLs) to report their compliance status by October 31, 2026
Dangote plans $3.5bn-plus Namibia-Botswana-South Africa fuel pipeline
Dangote said the project would form part of a wider network of pipelines across Africa that could eventually total almost 4,000 km.
Gabon, Nigeria's Oilserv sign hydrocarbon blocks and gas infrastructure deal
The Agreement Protocol covers the DEF-3 and D4-5 blocks and provides for the development and implementation of gas transport, compression and treatment infrastructure.
Nigeria’s Oando energy group wins approval to pursue overseas listings amid $1.5bn funding plan
Nigeria’s integrated oil and gas group Oando has won shareholder approval to pursue additional overseas listings as it works to strengthen its capital structure and advance a planned $1.5bn funding programme.
Senegal accelerates gas-to-power strategy to cut electricity costs, fuel imports
Senegal is accelerating its gas-to-power strategy, using offshore gas, new pipelines and gas-fired generation to replace imported fuel oil and cut electricity costs and subsidy exposure.
TotalEnergies agrees $1.8bn GIP partnership tied to African infrastructure assets
TotalEnergies agreed the partnership with BlackRock’s Global Infrastructure Partners covering interests in African oil and gas infrastructure, with payments linked to throughput for up to 15 years.
Egypt’s EGPC reports 63 oil and gas discoveries in FY 2025/26, upstream investment hits $4.5bn
The Egyptian General Petroleum Corporation (EGPC) recorded 63 new oil and gas discoveries during FY 2025/26, comprising 48 oil finds and 15 gas discoveries, as refinery utilisation exceeded 80% and exploration expanded in the Western Desert.
Indonesia deepens Africa energy push with Nigeria and Angola talks to secure crude supplies
PT Pertamina (Persero) of Indonesia is pursuing direct crude supplies and energy investments in Nigeria and Angola as it explores upstream assets, refinery participation and a wider African expansion.
Nigeria's $1.6bn Dangote refinery IPO overwhelms fintech platforms as retail investors rush in
Nigeria’s $1.6bn Dangote refinery IPO has overwhelmed investment platforms as retail demand surges, while broker valuations highlight risks around margins, crude supply and a planned $14.3bn expansion.
Nigeria targets October launch for 2026 oil, gas licensing round as output drive accelerates
Nigeria plans to launch its 2026 upstream licensing round in October as regulators accelerate acreage auctions, tighten bidder requirements and seek higher, NUPRC chief says
Mozambique approves financing structure for Coral Norte LNG project
Mozambique has approved financing of up to $7.2bn for the Coral Norte liquefied natural gas (LNG) project in Area 4 of the Rovuma Basin, including arrangements enabling state-owned Empresa Nacional de Hidrocarbonetos (ENH) to fund its participation.
Uganda’s Museveni to break ground on $310mn Kampala fuel storage terminal
Ugandan President Yoweri Museveni has presided over the groundbreaking of the Kampala Storage Terminal (KST), a $310mn petroleum storage facility being developed about 26 kilometres west of Kampala.
East Africa's oil and gas projects to draw investor attention at AEW 2026
East Africa is moving closer to becoming a significant new source of oil and liquefied natural gas (LNG), with major projects in Uganda, Kenya, Mozambique and Tanzania that could reshape the region's role in African energy markets.
Azerbaijan’s SOCAR enters African upstream with 10% stake in Côte d’Ivoire’s Baleine project
Azerbaijan’s SOCAR has completed its acquisition of a 10% stake in Côte d’Ivoire’s Baleine offshore oil and gas development from Eni, marking its entry into Africa’s upstream sector.
Ganope targets 44,000 bpd crude output, eyes expansion in southern Egypt
South Valley Egyptian Petroleum Holding Company (Ganope) aims to increase its average crude oil production to 44,000 barrels per day (bpd) during fiscal year 2026/27 (FY 2026/27)
Egypt targets 16 new gas exploration wells in FY 2026/27
The Egyptian Natural Gas Holding Company (EGAS) aims to accelerate domestic supply by drilling 16 new gas exploration wells during the current fiscal year (FY 2026/27)
South Sudan reviews telecom tax payments and Kenya fuel arrangement
South Sudan is reviewing a cash-tax policy affecting telecom operators while reassessing a government-to-government fuel arrangement with Kenya amid liquidity and foreign-exchange pressures.
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