AfrOil - Africa Oil & Gas

6 May 2022

Afroil: TotalEnergies joins other IOCs in selling Nigerian onshore assets

4 May 2022

TotalEnergies (France) intends to join other international oil companies (IOCs) in trimming its onshore portfolio in Nigeria.

Perenco declares force majeure in Gabon in response to storage tank leak

3 May 2022

Perenco (UK/France) has declared force majeure in Gabon in a bid to contain a leak at its storage facility in Cap Lopez.

NOC temporarily resumes work at Zueitina terminal following force majeure

3 May 2022

Libya’s National Oil Corp. (NOC) reported on Sunday (May 1) that it had been able to recommence work at the Zueitina export terminal following a declaration of force majeure, at least on a temporary basis.

Sungara, Afentra reveal details of acquisition of Sonangol stakes

2 May 2022

As Angola’s national oil company Sonangol continues to move forward with the partial sale of its equity holdings in six offshore blocks, two of the purchasers are revealing details of the deals.

Galp reportedly mulling sale of upstream assets in Angola

2 May 2022

Galp (Portugal) is considering the possibility of unloading its upstream assets in Angola, Bloomberg reported on Friday, April 29.

ReconAfrica, NAMCOR extend deadline for deal on Kavango basin stake purchase

2 May 2022

ReconAfrica and NAMCOR have pushed the end date of their letter of intent (LoI) on the sale of part of the latter’s stake in an onshore licence area in the Kavango basin back to June 6, 2022.

Kenya’s government notes fuel shortages, attempts to mitigate concerns

2 May 2022

Demand for petroleum products in western Kenya has increased as a result of transit consumers preferring to fuel locally due to price differential with neighbouring countries.

Brazzaville, TotalEnergies approve seven amendments to PSCs

2 May 2022

The Republic of Congo and TotalEnergies (France) have finalised and approved seven amendments to production-sharing contracts (PSCs) covering multiple offshore licence areas.

Nigeria: Pouyanné says TotalEnergies will sell its 10% stake in SPDC

2 May 2022

TotalEnergies (France) intends to trim its portfolio in Nigeria by unloading its minority stake in the Shell Petroleum Development Corp. (SPDC) joint venture.

Algeria's NOC Sonatrach completes Hassi Messaoud refinery

29 April 2022

Algeria's national oil company Sonatrach has launched a 60,000 barrel per day greenfield refinery in the eastern town of Hassi Messaoud.