AfrOil - Africa Oil & Gas

Ethiopian fuel distributors urge government to reconsider cash-based payment system

The Ethiopian Petroleum Dealers Association (EPDA), an industry association representing local fuel distributors, has once again asked Addis Ababa to reconsider its plan to switch to a cash-based payment system.

NNPC in talks with IOCs on revision of contracts

Nigeria’s NNPC has begun re-negotiating the terms of its commercial contracts with a number of international majors.

DPR sees marginal fields bringing in at least $500mn

Nigeria’s Department of Petroleum Resources (DPR) has said it expects to earn at least $500mn from the ongoing Marginal Oilfield Bid Round.

Equinor wins case over Agbami deepwater oilfield in Nigeria’s Supreme Court

Nigeria’s Supreme Court ruled in favour of Norway’s Equinor last week in a long-running dispute over the disposition of revenues from Agbami, a deepwater oilfield formerly operated by BP (UK).

NRG AfrOil: Nigeria vs. IOCs

Nigeria’s national oil company (NOC) has begun re-negotiating the terms of its commercial contracts with a number of international majors.

Ghanaian government seeks local feedback on petroleum hub plans

The government of Ghana has begun seeking input from local stakeholders for its plan to establish an oil industry hub in Bonyere, a coastal town near the border with Côte d'Ivoire.

ANPG comments on environmental risks of onshore exploration plans

Angola’s National Agency of Petroleum, Gas and Biofuels (ANPG) has downplayed concerns about the environmental risks of plans to assess the potential of onshore fields in the two sedimentary basins.

Savannah strikes CNG deal in Nigeria

Ethiopia breaks ground on new railway to improve fuel distribution

Seplat closes funding for Nigerian gas processing plant

SNH reports revenues from Chad-Cameroon pipeline up in 11M-2020

Société Nationale des Hydrocarbures (SNH), the national oil company (NOC) of Cameroon, said earlier this week that it had seen earnings from crude oil shipments through the Chad-Cameroon pipeline rise 2% in the first 11 months of 2020.

Invictus Energy gears up to award contract for 2D seismic survey

Australia’s Invictus Energy said last week that it was gearing up to award a contract for a 2D seismic survey at Special Grant 4571, a licence area located in Zimbabwe’s Cabora Bassa Basin.

Nigeria-Morocco gas plans face steep hurdles

Questions about competing suppliers, demand forecasts and cost may sink the Nigeria-Morocco Gas Pipeline (NMGP) project.

Botswana’s energy minister urges rapid completion of Tshele Hills fuel depot

Lefoko Moagi, Botswana’s Minister of Mineral Resources, Green Technology and Energy Security, has urged the national oil company (NOC) to speed up construction work on a new fuel storage depot in the Tshele Hills.

TNOG wants to bring OML 17 output back up to 100,000 bpd

TNOG Oil & Gas, a company established by Heirs Holdings Ltd and Transnational Corp. of Nigeria Plc (Transcorp), is looking to raise output more than three-fold at OML 17, a Nigerian licence area in which it recently acquired a 45% stake.