AfrOil - Africa Oil & Gas

JBIC, private Japanese banks to lend $14bn to Mozambique LNG

A group of Japanese private and public-sector lenders has agreed to provide JPY1.5 trillion ($13.95bn) worth of financing for the Mozambique LNG scheme.

NRG: Bracing for the second wave

Libya’s Mesla oilfield back online

Agoco, a subsidiary of Libya’s National Oil Corp. (NOC), has reportedly resumed production at Mesla, an oilfield in the eastern part of the country that has been offline for almost six months.

Aminex, ARA Petroleum move closer to finalising farm-out deal in Tanzania

ARA Petroleum (Oman) is one step closer to assuming operatorship of the Ruvuma project in Tanzania.

Angola bristles under pressure to implement OPEC+ production cuts

Angola’s government has reportedly decided that it cannot comply with the terms of the production quota regime that was adopted by the OPEC+ group in April and extended in June.

Sasol to return licences for two blocks offshore Mozambique

South Africa’s Sasol revealed on July 6 that it intended to give up its exploration licences for the shallow-water sections of Blocks 16 and 19, two adjacent sites lying offshore Mozambique.

Fire breaks out at Cape Town refinery

Sasol to shed stake in Nigerian GTL plant

South African court scraps dodgy fuel tender

LNA ready to negotiate on the resumption of oil production

Forces loyal to Khalifa Haftar, the leader of the Libyan National Army (LNA), are ready to negotiate with the Government of National Accord (GNA) on putting an end to the blockade that has kept the country’s oil industry on hold since January.

Saudi Arabia raises concerns about Nigerian oil production levels

Saudi Arabia appears to be concerned about Nigeria’s willingness to comply with the production quotas set by the OPEC+ group.

FAR defaults on cash payment to Sangomar JV

Australia’s FAR has not responded to a request to help cover operational costs at the Sangomar block offshore Senegal.