AfrOil - Africa Oil & Gas

24 February 2023

TotalEnergies preparing to launch multi-well drilling programme offshore Namibia

23 February 2023

TotalEnergies (France) will launch a multi-well deepwater drilling programme offshore Namibia to determine the extent of its discoveries at the Venus oilfield.

Chevron, Egyptian Ministry of Petroleum sign MoU on methane emissions reduction

23 February 2023

Chevron (US) has agreed to co-operate with Egypt’s Ministry of Petroleum and Mineral Resources with the goal of reducing methane emissions in the oil and gas sector.

Fossil fuel consumption subsidies in 2022 were at record high of $1 trillion

22 February 2023

According to the International Energy Agency, worldwide subsidies for fossil fuel consumption increased dramatically in 2022, surpassing $1 trillion for the first time.

Tanzania issues construction licence to EACOP Ltd

22 February 2023

Tanzania has formally authorised the construction of its section of the East Africa Crude Oil Pipeline (EACOP), which will carry petroleum from western Uganda to the shores of the Indian Ocean.

Equatorial Guinea signs PSCs covering three offshore blocks

21 February 2023

Equatorial Guinea’s Ministry of Mines and Hydrocarbons has signed new agreements with international oil companies (IOCs) for three offshore blocks.

TotalEnergies says Brulpadda, Luiperd fields hold more than 125 bcm of gas

20 February 2023

TotalEnergies (France) has said that Block 11B/12B offshore South Africa might contain as much as 4.5 trillion cubic feet (127.4bn cubic metres) of natural gas in recoverable resources.

Perenco takes FID on building LNG plant at Cap Lopez terminal in Gabon

20 February 2023

Perenco (UK/France) intends to build a natural gas liquefaction plant in Gabon as part of a wider effort to expand the capabilities of its Cap Lopez terminal.

Galp reportedly instructs Bank of America to arrange for sale of 10% stake in Rovuma LNG

17 February 2023

Portugal’s Galp is reportedly gearing up to drop a minority stake in the $30bn Rovuma LNG project from its African portfolio.

Energean plans to invest $350mn this year in Abu Qir concession, offshore Med

16 February 2023

London-headquartered oil and gas exploration and production firm Energean plans to invest $350mn this year in its Abu Qir concession in the offshore Mediterranean North of Alexandria, Bloomberg Asharq reported.