AfrOil - Africa Oil & Gas

Malawi's plan to build an oil pipeline from Mozambique hampered by lack of funds

Zimbabwe implored to avoid conflict in the event of oil discovery, development

NLNG’s shipping arm reportedly preparing to sell three tankers

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.

Malawi still hunting for pipeline backing

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

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

Quanten signs Soyo deal amid Angolan refining surge

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

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

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

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.

Sound Energy seeks partner for Morocco’s Tendrara gas facility

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

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

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.

Libyan oil firms ready to increase production

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

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

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.

Suspected jihadists again attack gas-rich Mozambique province

ASX-traded hydrocarbon explorer Invictus Energy awards three carbon offset projects in Zimbabwe

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

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.

South Africa energy and petrochemicals supplier Sasol buoyed by high crude oil prices

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

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

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.