AfrOil - Africa Oil & Gas

Scirocco Energy could see contingent payouts from Tanzania deal sooner than expected

Kenya enters into bilateral credit oil import deal with UAE due to dollar shortage

Afreximbank loan deal with South Sudanese oil marketer Trinity Energy raises money laundering, bribery red flags, report claims

UOG encounters net oil pay in primary Alam El Bueib reservoir in Abu Sennan licence onshore Egypt

Saipem CEO sees Mozambique LNG consortium resuming work in July 2023

Alessandro Puliti, the CEO of the Italian oilfield services provider (OSP) Saipem, expects work on the Mozambique LNG project, led by France’s TotalEnergies, to resume in July of this year.

Kenya desperate to defer fuel import payments due to dwindling FX reserves

Italy’s energy group Eni finalises acquisition of two main Algerian concessions

Italian energy group Eni has achieved closing of the acquisition of two gas-producing concessions tied to BP's business in Algeria after getting necessary approvals.

Angola: Azule Energy awards four service contracts related to Agogo oilfield development

Four international service providers have been awarded contracts related to the development of Agogo, an oilfield located within Block 15/06 offshore Angola operated by Azule Energy, a joint venture established in August 2022 by Eni and BP.

Lukoil reportedly discussing sale of stake in Pecan oilfield offshore Ghana with Indian firms

Lukoil, Russia’s largest privately owned oil company, is reportedly in discussions with Indian firms on the possibility of selling its stake in the Pecan oilfield offshore Ghana.

Eni CEO says Africa is a key source of gas supplies to replace Russia in Europe

Eni CEO Claudio Descalzi says Africa is a vital source of natural gas for Europe as the Continent attempts to reduce its dependence on supplies from Russia.

BP and partners plan second phase expansion for Greater Tortue Ahmeyim natural gas field off West Africa

CPECC, TotalEnergies sign deal on building ground facilities for Tilenga oilfield in Uganda

China Petroleum Engineering & Construction Co. (CPECC) has signed a deal with TotalEnergies to construct ground facilities for the Tilenga oilfield in Uganda.

TechnipFMC wins $250mn contract from TotalEnergies for work offshore Angola

New York-listed TechnipFMC has secured a contract worth up to $250mn for work at Girassol, an oilfield at Block 17 offshore Angola.

ASX-listed Invictus Energy plans to drill second gas exploration well in Zimbabwe in Q3 2023

Ghana trade and industry minister nominee under fire over disbursal of proceeds from GNPC drillship sale

Lack of low-emission, low-cost oil and gas puts energy transition at risk: WoodMac

AfrOil: TotalEnergies gearing up for drilling programme offshore Namibia

TotalEnergies (France) is preparing to launch a multi-well deepwater drilling programme offshore Namibia to determine the extent of its Venus discovery in the Orange basin.

Tanzanian billionaire’s Taifa Gas enters Kenya, set to shake local LPG market

Algeria’s gas production to increase by 10bn cubic metres from 2024

Algeria’s gas production is expected to increase by 10bn cubic metres starting in 2024 as the government and state-owned group Sonatrach are reinforcing deals with foreign energy firms such as Italy’s Eni.