AfrOil - Africa Oil & Gas

17 March 2022

Sudan: Armed groups threaten workers at West Kordofan oilfields, workers say

16 March 2022

Oilfield workers in the Balila area of Sudan’s West Kordofan state told Radio Dabanga earlier this week that that an armed group had targeted their work sites.

AfrElec: Tlou, Zismo partner on transmission line construction for Botswana’s Lesedi project

16 March 2022

Tlou Energy, a Botswana-based clean energy company, has signed a contract for the construction of a transmission line for the Lesedi power project with Zismo Engineering, a local electrical engineering contractor.

Tlou, Zismo partner on transmission line construction for Botswana’s Lesedi project

16 March 2022

Tlou Energy, a Botswana-based clean energy company, has signed a contract for the construction of a transmission line for the Lesedi power project with Zismo Engineering, a local electrical engineering contractor.

Ghana: huge fuel price hike looms, COPEC threatens demonstration

16 March 2022

The Chamber for Petroleum Consumers, Ghana (COPEC) has threatened to embark on a demonstration, if nothing is done about the persistent spike in the prices of fuel by Friday.

AfrOil: Eni, BP finalise plan for Azule JV in Angola

15 March 2022

Eni and BP have finalised an agreement first announced in May 2021 to form an independent joint venture in Angola.

FAR Ltd to withdraw from Guinea-Bissau project

15 March 2022

Australia’s FAR Ltd has announced its intention of withdrawing from the Esperanca Blocks 4A and 5A and Sinapa Block 2, located offshore Guinea-Bissau.

Residents of Libya’s Oil Crescent threaten to blockade coastal terminals

15 March 2022

Residents of the Libyan coastal region known as the Oil Crescent have reportedly threatened to halt crude exports in an attempt to break the impasse between rival political factions.

Nigerian court says Shell cannot sell SPDC stake until oil spill fine appeal is settled

15 March 2022

A Nigerian federal court of appeals in Owerri has ordered Shell (UK) to suspend an asset sale, saying that the multi-national should not move ahead until it concludes the appeal of a fine imposed for a previous oil spill.

Nigerian presidential administration praises NNPC’s efforts to ease fuel shortages

14 March 2022

A representative of Nigerian President Muhammadu Buhari’s administration has said that efforts by NNPC to ease fuel shortages are having a positive effect.

NARTO head: Higher fuel prices are a burden on Nigerian road transport sector

14 March 2022

Yusuf Lawan Othman, the head of Nigeria’s National Association of Road Transport Owners (NARTO), has noted that rising diesel prices are becoming increasingly burdensome for members of his group.

South African president eyes gas projects in Mozambique

14 March 2022

South African President Cyril Ramaphosa said on Friday (March 11) that his country hoped to invest in the development of natural gas reserves in neighbouring Mozambique.

South Africa/Namibia: Eco Atlantic says acquisition of Azinam is nearly complete

14 March 2022

UK-based Eco (Atlantic) Oil & Gas is close to wrapping up the acquisition of Azinam Group, an affiliate of Seacrest Capital Group that holds a number of assets offshore Namibia and South Africa.

Economist says oil finds allowed Ghana to borrow more money without helping economy

13 March 2022

Ghana’s oil discovery, related to the borrowing trajectory of the country, only came to give us more space to borrow.

Eni, BP finalise deal to form independent joint venture Azule Energy, combining all their Angola businesses

11 March 2022

Eni and BP have finalised an agreement first announced in May 2021 to form an independent joint venture in Angola that will combine all of the Italian and British energy majors’ businesses in the African country.

Zimbabwe: Invictus, Exalo sign binding drilling contract for Muzarabani-1 well

11 March 2022

Invictus has executed a binding drilling rig contract with European onshore drilling contractor Exalo Drilling to drill the Muzarabani-1 exploration well

Nigerian rights group questions government spending on refineries

11 March 2022

A Nigerian rights group, SERAP, has threatened to sue the government for the alleged mismanagement of funds approved for the rehabilitation, operation and maintenance of the country’s oil refineries.

Euroguarco, Geronimo Oil and Gas partner to construct maiden fabrication facility in Ghana

10 March 2022

The facility, which will be on a 9 acre land size, will be situated at Takoradi, in the Western Region due to proximity to the oil and gas and mining sectors as well as the affordability of lands in that area.

Nigerian: NCDMB receives approval to produce 10% local LPG demand

10 March 2022

The Nigerian Content Development and Monitoring Board (NCDMB) has received approval to work with select partners to produce 10% of current nationwide demand for liquefied petroleum gas (LPG)

The Gambia Revenue Authority reports on Jah Oil’s tax payments

10 March 2022

Yankuba Darboe, the commissioner general of The Gambia Revenue Authority (GRA), has reported that Jah Oil, a subsidiary of the Jah Group, is currently paying more than GMD65mn ($1.22mn) per month in taxes.

Sonangol to work with German companies to develop strategy for green hydrogen plant

10 March 2022

Angola’s national oil company (NOC) Sonangol has teamed up with two German firms to explore its options for the construction of a green hydrogen plant.

Kinetiko starts gas flow test at Korhaan-4 well in South Africa

10 March 2022

Perth-based exploration company Kinetiko Energy has announced the start of gas flow testing at the Korhaan-4 well in Amersfoort, South Africa. This is the first of three flow tests from a recently completed three-well drilling programme.

Ghana: Tullow Oil refrains from price guidance upgrade despite global surge in crude prices

10 March 2022

Tullow Oil also recorded a net debt of $2.1bn at the end of 2021 compared with a $2.37bn the previous year following refinancing in May 2021.

INTERVIEW: Implications of war in Ukraine for Africa

10 March 2022

Experts from Rystad Energy and Welligence Energy Analytics speak to NewsBase about what the Russia-Ukraine conflict might mean for oil and gas producers in sub-Saharan Africa.