AfrOil - Africa Oil & Gas

22 September 2023

US Chevron plans to invest $3bn over two years to develop Nargis gas field in offshore Med

21 September 2023

US oil and gas major Chevron plans to invest $3bn over two years starting in the first half (January-June) of 2024 to develop Egypt’s Nargis gas field in the offshore East Mediterranean, Bloomberg Asharq Business reported.

BG International sells 40% stake in Block 3 North East El-Amriya to KUFPEC

21 September 2023

BG International, a subsidiary of Shell, signed a farm-out agreement with KUFPEC – Egypt Ltd (KEL), a subsidiary of KUFPEC, under which KEL will acquire a 40% stake in Block 3 NorthEast El-Amriya in the offshore Egyptian Mediterranean Sea.

Moroccan government eyes partner to develop gas, green hydrogen complex

20 September 2023

Moroccan Energy Transition Minister Leila Benali said the government is currently planning to issue a tender to select a private partner to develop its gas network, infrastructure, utilities and green hydrogen facilities.

UK firm to assist Nigeria’s Innoson Oil & Gas with farm-out of Sierra Leone block

20 September 2023

UK-based Tudor Hall Energy has agreed to work with Nigeria’s Innoson Oil & Gas to facilitate the sale of a stake in SL2020A, an exploration licence offshore Sierra Leone.

Dateline Energy Services to build 4,000-tonne LPG barge for Nigerian Navy

20 September 2023

Dateline Energy Services (DES), a Nigerian oilfield services provider (OSP), has agreed to build an LPG barge for the Nigerian Navy in order to facilitate inland fuel deliveries.

NNPCL announces management shakeup

20 September 2023

Nigeria’s national oil company has initiated a shakeup in its management ranks by ordering some mandatory retirements and appointing several new executive vice presidents.

Global diesel shortage pushes prices over $1,000 per tonne

19 September 2023

Oil refineries worldwide are grappling with challenges in meeting the demand for diesel, a crucial fuel that powers various sectors of the global economy, Bloomberg reported on September 19.

Kenyan official stands by predictions of further increases in fuel prices

19 September 2023

Kenya’s Trade and Investments Cabinet Secretary Moses Kuria says he stands by his earlier prediction that petroleum product prices are likely to continue rising through February 2024.

Nigerian Air Force touts success of air raids on illegal refining sites

19 September 2023

Following the destruction of dozens of illegal refining sites over the last two months, the Nigerian Air Force is describing the air component of Operation Delta Safe, an initiative designed to curb crude oil theft, as successful.