AfrOil - Africa Oil & Gas

Nigeria instructs offshore platform operators to reduce staff levels

Nigeria’s Department of Petroleum Resources (DPR) has ordered oil and gas producers to reduce staff complements at their offshore drilling platforms.

Tower Resources declares force majeure on Cameroon project

UK-based Tower Resources has declared force majeure on its operations at the Thali licence area offshore Cameroon.

Pandemic stymies agreement on financing for Sangomar project

The coronavirus outbreak is hindering efforts to secure financing for the development of the Sangomar block offshore Senegal.

Oil prices take another tumble

Liberia’s Conex buys downstream assets from Total in West Africa

France’s Total has arranged to sell its petroleum product marketing operations and assets in Liberia and Sierra Leone to Conex Oil & Gas Holdings, a Liberian-owned company.

Governor of Rivers State rejects NLNG’s request for exemption from lockdown

The government of Nigeria’s Rivers State has rejected a request from Nigeria LNG (NLNG) and several other companies involved in the natural gas sector for an exemption from the lockdown regime imposed last week.

Malawi hopes to expand fuel storage capacity by 50%

The National Oil Company of Malawi (NOCMA) is gearing up to expand its fuel storage network, according to a high-ranking company representative.

Sylva: Nigeria gearing up to raise oil output

Nigeria intends to raise oil production following the lapse of the OPEC-plus agreement on March 31, according to Timipre Sylva, the Minister of State for Petroleum Resources.

Liberia to commission first refinery

Seplat reports profits up, revenues down in 2019

Seplat Petroleum Development, an independent Nigerian operator, has revealed that its revenues declined while profits rose in 2019.