AfrOil - Africa Oil & Gas
Angola offers local companies preferential terms in onshore licensing round
Angola’s government is looking to give local investors an advantage in its upcoming onshore licensing round, in the form of tax breaks.
South Sudan reports oil production down more than 10.5% since January
South Sudan’s crude oil output has dropped by 20,000 barrels per day (bpd), or more than 10.5%, in the last six months, according to Awow Daniel Chuang, the undersecretary of the country’s Ministry of Petroleum.
NRG: Beyond oil
US Eximbank to provide largest portion of $14.9bn Mozambique LNG loan
The US Export-Import Bank (Eximbank) is set to make the largest individual contribution to a nearly $15bn credit package that the Mozambique LNG consortium is using to fund its project.
Malaysian company, ENH suspend drilling in Buzi district
Mozambique’s national oil company ENH and its Malaysian partner Buzi Hydrocarbons PTE have suspended exploration drilling in the Buzi district of Sofala Province, citing problems related to the coronavirus.
Eni eyes $1bn sale of Jotun FPSO
Libya heading for more trouble
Libya could see oil production levels fall further in the near future, owing to the involvement of various third parties.
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