AfrOil - Africa Oil & Gas

12 August 2022

NLNG’s shipping arm reportedly preparing to sell three tankers

10 August 2022

Bonny Gas Transport, the shipping arm of the Nigeria LNG (NLNG) consortium, has reportedly listed the three oldest vessels in its fleet of LNG carriers for sale.

South Africa: Central Energy Fund completes due diligence on ZAR1bn investment in Renergen’s Virginia gas project

10 August 2022

South Africa: Central Energy Fund completes due diligence on ZAR1bn investment in Renergen’s Virginia gas project

NESG: Nigeria’s economy suffers because government fails to reap benefits of high oil prices

10 August 2022

The Nigeria Economic Summit Group (NESG), a Lagos-based think tank, said on August 10 that the country’s economy was suffering because the government had failed to take full advantage of the upswing in oil prices.

Nigeria: unplanned LNG plant outages prove costly for international energy giants

10 August 2022

Traders of liquefied natural gas (LNG) have been forced to pay over the odds to fill up European storage facilities after unplanned outages around the world caused prices to spike, Mining Weekly has reported.

BW Energy secures up to $300mn in financing for Dussafu project offshore Gabon

9 August 2022

Norway’s BW Energy revealed on August 9 that it had made new financing arrangements for to help cover the costs of development at the Dussafu licence area offshore Gabon.

Aminex reports on implications of 3D seismic survey contract award offshore Tanzania

9 August 2022

Ireland’s Aminex is one step closer to acquiring extra 3D seismic data on a section of the Killiwani North Development Licence (KNDL) offshore Tanzania due to the award of a 3D seismic survey contract for Songo Songo.

Nigeria: ExxonMobil facing new obstacles in sale of MPNU stake to Seplat Energy

9 August 2022

The NUPRC has challenged President Buhari’s approval of a previously agreed deal that would transfer the US super-major’s shallow-water Nigerian portfolio to Seplat Energy.

European official says Nigerian LNG exports to Europe could double in long term

8 August 2022

Matthew Baldwin, the European Commission’s deputy director-general for energy, has said he believes Nigeria has the potential to see natural gas exports to Europe more than double in the long term.

BP, Kosmos expect GTA gas and LNG project to begin production on schedule in H2-2023

8 August 2022

BP and Kosmos Energy (US) are reportedly set to launch natural gas and LNG production at the Greater Tortue/Ahmeyim (GTA) block offshore Senegal and Mauritania on schedule in the second half of next year.

Revised NUPRC data show Nigerian oil production down 12.5% y/y in H1-2022

8 August 2022

Nigerian liquid hydrocarbon production, including crude oil and gas condensate, sank to about 1.4mn barrels per day (bpd) in the first half of 2022, down by 12.5% on the same period of last year.

Eni purchases Exmar’s Tango FLNG unit for Marine XII offshore Republic of Congo

8 August 2022

Eni (Italy) has secured a small-scale floating LNG (FLNG) vessel for installation at the Marine XII block offshore Republic of Congo.

AfrOil: Namibian court denies NGOs’ request for Kavango exploration halt

8 August 2022

The High Court of Namibia has ruled that Canada's Reconnaissance Africa (ReconAfrica) and its local partner NAMCOR may proceed with exploration work at in the Kavango basin.