AfrOil - Africa Oil & Gas
Aiteo’s debt to Shell and seven Nigerian banks escalates to $2.6bn – Bloomberg
The debt owed by Nigerian domestic oil producer Aiteo Eastern E&P to Shell and seven Nigerian banks has escalated to approximately $2.6bn, Bloomberg has reported.
Nigerian petrol prices reach record high
Nigerian petrol prices have skyrocketed to a record high following the removal of a long-standing fuel subsidy by President Bola Tinubu.
Libya’s main oilfields resume production as tribal protests end
Two major Libyan oil fields resumed production on Monday, July 17, after a shutdown triggered by demonstrators from the Al-Zawi tribe who protested against the abduction of former finance minister Faraj Bumatari.
Woodside delays first oil at Sangomar block offshore Senegal
Australia’s Woodside Energy will delay the start-up of oil production at the Sangomar offshore Senegal due to the need for remedial work.
Tullow says Jubilee oilfield now producing over 100,000 bpd with launch of JSE project
Tullow Oil (UK/Ireland) has ramped up production offshore Ghana with the launch of its Jubilee South East (JSE) project, thereby raising overall output at the Jubilee oilfield to more than 100,000 bpd.
Petrofac to support operations of FPSO Espoir Ivorien offshore Côte d'Ivoire
UK-based Petrofac will provide support services for an oil development project offshore Côte d'Ivoire under a new contract with the US company CNR International (CNRI).
Shell signs 12-year LNG supply agreement with Morocco
Global energy group Shell signed an agreement with Morocco’s state power utility ONEE by which it will supply the North African country with 6bn cubic metres of liquefied natural gas over 12 years.
Protests in Libya cut crude production by 340,000 bpd: Oil minister
Production at El Feel, Sharara and several smaller sites was shut late last week as protests by the Al-Zawi tribe continue against the abduction of former finance minister Faraj Bumatari.
West African waters become key destination for tankers involved in Russian oil transfers
Africa’s western coastal zone has seen a significant uptick this year in illicit ship-to-ship (STS) transfers of crude oil from Russia.
Angola, DR Congo sign agreement on joint development of offshore Block 14
Angola and the Democratic Republic of Congo (DRC) signed an agreement on joint development of Block 14 on July 13 in Kinshasa.
Ghana’s opposition call for scrapping controversial lease of Tema Oil Refinery (TOR) to Torentco
Egypt produces first domestically manufactured drilling rig
State-owned Egyptian Drilling Company took delivery of the first made in Egypt onshore drilling rig manufactured by Egyptian Petroleum HH Rig Manufacturing in Ain Sokhna port at the mouth of the Gulf of Suez on the Red Sea.
No Tunisian hydrocarbon exploration drilling recorded in 2022 for first time since 1960
No hydrocarbon exploration drilling was documented in Tunisia in 2022, the first year without drilling operations since 1960, the Tunisian Oil and Gas Association (ATPG) reported.
Follow us online