AfrOil - Africa Oil & Gas

Experts lauds “drill-or-drop” provisions of Nigeria’s PIB

Ademola Adigun, the executive vice-president of the Metacura Development Initiative, has praised the Nigerian government’s decision to include “drill-or-drop” provisions in the newly passed Petroleum Industry Bill (PIB).

Egypt’s petroleum minister reports on progress of gasification programme

Egyptian Petroleum Minister Tarek El-Molla noted earlier this week that the government’s domestic gasification programme was making progress.

APGC calls on NNPC to supply gas to Nigerian gencos

The Association of Power Generation Companies (APGC), a Nigerian industry association, has urged NNPC to assume responsibility for supplying fuel to natural-gas fired thermal power plants (TPPs).

Waltersmith still aiming to establish industrial park near modular refinery

Nigeria’s Waltersmith Petroman Oil Ltd has reiterated its commitment to establishing an industrial park adjacent to its modular refinery, which is near the Ibigwe oilfield in Imo State.

ANPG prepares to review bids for nine onshore blocks

Angola’s National Oil, Gas and Biofuels Agency (ANPG) is ready to begin reviewing all the bids it has received in this year’s onshore licensing round, which covers nine onshore blocks in the Lower Congo and Kwanza basins.

Woodside set to launch development drilling programme at Sangomar

Australia’s Woodside Energy is preparing to begin development drilling at Sangomar, an oil-bearing block located offshore Senegal.

Tullow reports on progress of Ghana drilling programme

Tullow Oil (UK/Ireland) reported last week that its drilling programme in Ghana’s offshore zone was moving forward as planned.

URC carries out trial shipment of fuel across Lake Victoria

Uganda Railways Corp. (URC) completed a trial shipment of petroleum products via Lake Victoria last week, marking the first use of the route in 16 years.

AfrOil: Abuja reportedly seeking new funding for AKK pipeline

Nigeria’s federal government is said to be looking for a new source of funding so that NNPC can continue work on the Ajaokuta-Kaduna-Kano (AKK) natural gas pipeline project.

Angolan oil production sinks in June

Angola’s National Oil, Gas and Biofuels Agency (ANPG) reported last week that the country’s oil production levels had dropped to a 17-year low in June.

Abuja reportedly seeking $1bn in new funding for AKK pipeline

Nigeria’s federal government is looking for a new source of funding so that Nigerian National Petroleum Corp. (NNPC) can continue work on the Ajaokuta-Kaduna-Kano (AKK) natural gas pipeline project.

Cartel compromise: OPEC+ members reach agreement