AfrOil - Africa Oil & Gas
FAR outlines strategy for The Gambia
Australia’s FAR Ltd has revealed that its primary goal for this year will be to “focus on value-creating strategies” for its exploration licences located in The Gambia’s offshore zone.
OPEC+ kicks off meeting with focus on supplies
Ghana ready to phase out fossil fuel to renewable energy – deputy minister
The lack of resources could affect the transition to cleaner energy.
Shootout at Nigeria's Dangote Refinery
AfrOil: NUPRC highlights oil thefts from Bonny, Forcados, Brass pipeline networks
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has identified the pipeline networks serving the Bonny, Forcados and Brass terminals as the biggest sources of crude oil theft in the country.
Qatar Energy buys 40% working interest from Exxon Mobil in North Marakia block in offshore Egypt
South Africa's Central Energy Fund confirms plan to acquire 10% of Virginia Gas Project
South Africa’s Renergen confirmed in a stock exchange statement that it had signed a term sheet with the state-controlled Central Energy Fund (CEF) on the sale of a minority stake in its subsidiary Tetra4 Pty Ltd.
Mozambique-IMF reach staff-level agreement for $470mn facility
Mozambique and the International Monetary Fund have struck a staff-level agreement for a $470mn facility, the Bretton Woods institution said on March 28.
United Oil & Gas announces production start at ASD-2 well in Abu Sennan licence onshore Egypt
Nigeria’s Akwa Ibom state aims to block ExxonMobil’s sale of MPNU stake to Seplat Energy
Nigeria’s Akwa Ibom state has filed a counter-claim against ExxonMobil in a bid to block the super-major’s planned sale of its stake in the Mobil Producing Nigeria Unlimited (MPNU) JV to Seplat Energy.
Renergen to sell 10% of Tetra4 subsidiary to South Africa’s Central Energy Fund
Renergen (South Africa) has arranged to sell a 10% stake in its Tetra4 subsidiary, which serves as the operator of the Virginia natural gas project, to the state-owned Central Energy Fund (CEF).
Eni raises reserve estimate for Ndungu field offshore Angola
Eni has revised its reserve estimate for Ndungu, a field within Block 15/06 offshore Angola, upwards to 800mn-1bn barrels of oil equivalent following the successful completion of an appraisal well.
NUPRC names Bonny, Forcados, Brass terminal networks as main targets of oil thieves
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has identified the pipeline networks serving the Bonny, Forcados and Brass terminals as the biggest sources of crude oil theft in the country.
Ghana minister announces spending cuts, other measures to stabilise economy
The measures, the says will help stabilise the economy and reduce the economic hardships that has currently engulfed the nation.
Consumers' group lobbies Kenya’s government to scrap 16% tax on LPG
Consumers Federation of Kenya (COFEK) is lobbying for removal of 16 % tax levied on liquefied petroleum gas (LPG) to make the commodity affordable.
Ghanaian government to reduce fuel prices; COPEC disappointed
Prices of petroleum products have seen a persistent rise due to a number of factors including the cedi depreciation against the US dollar, product availability due to tensions from Eastern Europe among others.
UTM Offshore hopes to sign FEED contract for Nigerian FLNG project next month
UTM Offshore expects to sign a front-end engineering and design (FEED) contract for its floating LNG project at the Yoho offshore oilfield sometime in April.
VAALCO contracts DOF Subsea for infrastructure revamp at Etame offshore Gabon
VAALCO Energy (US) has signed a contract with DOF Subsea (Norway) for construction and installation services related to the deployment of a new floating storage and off-loading (FSO) vessel at the Etame block offshore Gabon.
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