AfrOil - Africa Oil & Gas

Sasol, IDC team up to develop South Africa’s green hydrogen potential

Sasol is teaming up with Industrial Development Corp. of South Africa, a government-run development finance agency, to encourage investment in green hydrogen production capacity.

Deputy minister confirms 2023 start date for Tanzania LNG project

Tanzania’s Deputy Energy Minister Stephen Byabato has confirmed that work on the Tanzania LNG project is still slated to begin in 2023.

Rwandan MPs authorise funding for 2-D survey of Lake Kivu

Rwanda’s Chamber of Deputies has agreed to make funding available for an oil and gas exploration project that is running behind schedule.

Edo to utilise Escravos supply line

Petronas may not participate in South Sudan’s first bidding round

Petronas (Malaysia) has indicated that it may not submit any bids in South Sudan’s first oil licensing round, which was launched last month.

Slight delay for first gas from GTA

BP (UK) has pushed the target date for starting production at Grand Tortue/Ahmeyim, an offshore natural gas-bearing block that straddles the maritime border between Mauritania and Senegal, back to the third quarter of 2023.

At long last, Nigeria passes PIB

Africa’s largest oil producer is on track to adopt a new petroleum law that has been in the works for more than a decade, but it will take time to assess the impact of this development.

Overdue payments may be driving Sonangol’s decision to sell some offshore assets

Angola’s national oil company (NOC) Sonangol has reportedly fallen far behind on its financial obligations to its foreign partners.

Qatar Petroleum takes 25% stakes in three blocks offshore South Africa

Qatar Petroleum has arranged to expand its co-operation with TotalEnergies (France) in South Africa’s offshore zone by participating in the exploration of three additional blocks.

Oil output declining in South Sudan

South Sudan’s government has expressed concern about a decline in oil output levels.

British firm proposes Zimbabwe fuel link

OPEC+ plans in disarray as meeting is cancelled

AfrOil: Nigeria passes PIB at long last

Both houses of Nigeria’s National Assembly voted on July 1 to pass the Petroleum Industry Bill (PIB), which will serve as the country’s new oil and gas law.

Libya’s NOC generates $1.39bn in revenues from hydrocarbon production in May

Petronas rethinks African investment strategy

Malaysia’s state-owned Petronas is not only rethinking its participation in South Sudan’s first oil licensing round but is also reportedly looking to exit South Africa’s fuel retail sector.

Exports of Algeria’s Sonatrach jump by 45% y/y to $12.6bn in first five months of 2021