AfrOil - Africa Oil & Gas

$185bn investment planned for Nigeria's oil and gas industry in 2023

Algeria discovers six oil wells in Q1, says energy group Sonatrach

Six fresh oil discoveries have been made in Algeria in Q1 of this year in Amguid, Berkine and Ohanet regions, the state-owned energy firm Sonatrach said in a statement on April 12.

Floating LNG projects soar with $35bn worth of contracts to be awarded by 2027

Investment in floating liquefied natural gas production terminals is set to climb significantly in the next five years with $35bn in engineering, procurement and construction contracts expected to be doled out.

BW Energy announces first oil at Hibiscus/Ruche Phase 1 offshore Gabon

BW Energy (Norway) announced on April 10 that it had achieved first oil from the Hibiscus/Ruche Phase 1 development project at the Dussafu licence area offshore Gabon.

Tanker with Russian crude offloads in Ghana after six-weeks in limbo

CNOOC Ltd reportedly eyeing FLNG development plan for BCD-10 gas reserves offshore Gabon

CNOOC is reportedly considering using an FLNG vessel to monetise natural gas resources at Block BCD-10, located about 145 km offshore Gabon.

Nigeria's oil production down by 2% in March, first drop in six months

Kenya to build LPG bulk storage facility as part of introducing Open Tender System (OTS) for imports

Eni says FPSO for Baleine project is sailing from Dubai to Côte d'Ivoire

Italy’s Eni has confirmed that the Firenze FPSO vessel is en route to Baleine, the largest hydrocarbon field ever discovered in Côte d'Ivoire’s offshore zone.

Zimbabwe: Invictus raises funds for Mukuyu-2 appraisal drilling, Phase 2 exploration

Invictus Energy (Australia) has successfully raised funds for the next phase of its appraisal drilling and exploration programme in Zimbabwe through a private share placement.

AfrOil: QatarEnergy acquires 40% of C-10 block offshore Mauritania