AfrOil - Africa Oil & Gas
Canadian oil & gas company ReconAfrica gets permit to drill 12 additional exploration wells in Namibia
ExxonMobil's LNG project in Mozambique "on track" for approval in 2025, top executive says
US supermajor ExxonMobil has commended Mozambique’s government for stabilising the security situation in a gas-rich region in the north of the country. This has encouraged the company and its partners in a planned LNG project there to consider FID.
Canada’s AOC to raise stake in Block 3B/4B offshore South Africa
Canada’s Africa Oil Corp. (AOC) will increase its stake in Block 3B/4B, an offshore licence area in the South African section of the Orange basin, to 26.25%.
Chariot raises $15mn for onshore drilling operations in Morocco
The London-listed and Africa-focused energy group Chariot said on Monday, July 10 that it had raised $15mn for its onshore drilling operation in Morocco, according to a statement on the London Stock Exchange.
Sonatrach, TotalEnergies sign $739mn gas production deal, Algeria
Algeria’s Sonatrach and French firm TotalEnergies have signed contracts focused on boosting gas production under an existing agreement worth $740mn. The deals were signed by Sonatrach CEO Toufik Hakkar and his counterpart Patrick Pouyanne in Algiers.
Paratus, Ceragon ally to provide 'best-in-class' offshore link in Angola, Mozambique and Namibia
South Sudan pushes deadline for raising oil output to 230,000 bpd back to 2026
South Sudan has opted to push its deadline for increasing crude oil production to 230,000 barrels per day back to 2026, two years later than previously anticipated.
Nigeria aims to produce 1.7mn barrels per day by end of year
Gabriel Tanimu Aduda, Permanent Secretary at Nigeria’s Ministry of Petroleum Resources, told Energy Intelligence at the OPEC+ seminar in Vienna last week that Nigeria is aiming to raise oil production to 1.7mn barrels per day by November 2023.
Mozambique to receive $61mn IMF loan
TotalEnergies signs $740mn worth of gas contracts in Algeria
Algeria's state oil group Sonatrach and French energy firm TotalEnergies signed $740mn worth of contracts on Sunday, July 9 related to LNG purchases, energy transition and enhancement of renewable energies projects.
Chad and Cameroon reach agreement, excluding Savannah Energy from international oil link
Shell-led consortium to develop 10th phase of West Delta Deep Marine concession in offshore Mediterranean
BG Delta, a subsidiary of Shell Egypt, and its partners, composed of two Egyptian state-owned energy companies and Malaysia's Petronas, signed an agreement to develop the 10th phase of the Nile Delta offshore West Delta Deep Marine (WDDM) concession.
ASX-listed Kinetiko Energy maintains fine run in South Africa gas exploration campaign
It said in a release on July 6 that it had completed drilling its third and fourth core holes in the ER272 permit near a large oil refinery, Secunda, with wireline logging results establishing significant sandstone gas intervals in both wells.
Blockade threat puts Libya’s oil industry under pressure
Once again, Libya’s oil sector is facing the possibility of operational disruptions as a consequence of political sparring between rival regional groups – and this time, the stakes are higher because of the changes in the global oil market.
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