AfrOil - Africa Oil & Gas

12 May 2023

Nigeria’s Seplat Energy records $951.8mn revenue in H2 2022

11 May 2023

Dual-listed Seplat Energy, a Nigerian oil and gas company, has recorded revenue of $951.8mn and a profit before tax of $204.4mn in the second half of 2022.

Kosmos Energy says GTA block is set to begin gas production by year-end as expected

11 May 2023

BP is on track to begin production at the GTA block, located offshore Mauritania and Senegal, by the end of this year as scheduled.

Afentra completes acquisitions of minority stakes in Angolan offshore blocks

10 May 2023

AIM-listed Afentra revealed on May 10 that it had completed the acquisition of minority stakes in two blocks offshore Angola from INA-Industrija of Croatia.

UK Supreme Court rules Nigerian claimants may not continue suit against Shell over 2011 tanker spill

10 May 2023

The UK Supreme Court has ruled against Nigerian claimants who sought to sue two subsidiaries of Shell over a 2011 offshore oil spill, citing the expiration of a six-year legal deadline.

Invictus confirms presence of liquid hydrocarbons and helium at Cabora Bassa site in Zimbabwe

10 May 2023

Australia’s Invictus Energy has confirmed the presence of light liquid hydrocarbons and helium in Mukuyu-1, an exploration well drilled at its 80%-owned Cabora Bassa project in Zimbabwe.

Chinese firm CPP to finance, supply pipe for $5bn East African Crude Oil Pipeline (EACOP) project

9 May 2023

China Petroleum Pipeline Engineering Co. Ltd (CPP) has stepped in to offer financing and construction line pipe for the East African Crude Oil Pipeline (EACOP) stretching from Uganda to the Tanzania coastline.

HOSCON partners with private sector to create $5bn investment fund for Nigeria's oil-producing states.

5 May 2023

The Host Communities of Nigeria Producing Oil and Gas (HOSCON) has partnered with the private sector to create a $5bn fund that will support investment in oil-producing states in Nigeria.

Libya’s crude production reaches 1.214mn bpd: NOC

5 May 2023

Libya’s National Oil Corporation (NOC) announced that crude production had reached 1.214mn barrels per day, and condensate production 18,000 bpd in the past two days, the utility’s head Farhat Bengdara said on Thursday.