AfrOil - Africa Oil & Gas
BW Energy begins production at Hibiscus South field offshore Gabon
BW Energy has commenced production from the Hibiscus South field in the Dussafu Licence offshore Gabon, just five months after its discovery in November 2023.
Oil-focused African Energy Bank to choose host nation in March, launch by end-June
African Energy Bank expects to launch by June 30 after selecting a host nation this month and aims to raise an initial $5bn from African signatories, international financiers and MENA states, its head said in an interview.
Polish Oil and Gas resumes exploration activities in Libya
The Polish Oil and Gas company will resume exploration activities in Libya’s Ghadames Basin from April following the lifting of the force majeure on the operations, it said following a meeting with state-oil utility the National Oil Corporation.
Eni’s Tango floating LNG project set to ship first cargo
Italian energy firm Eni is slated to deliver its first LNG cargo this week from the company’s Tango floating LNG facility located in Congolese waters, according to shipping data.
US produced more oil in 2023 than any country for sixth consecutive year
The US produced more oil than any country at any time for the past six years in a row, according to the US Energy Information Administration.
Second shipment of US WTI to arrive at Dangote Refinery in March
A second batch of US West Texas Intermediate crude oil is set to arrive at Nigeria’s 650,000 barrel per day refinery on March 13, according to Kpler data.
Nigeria-focused San Leon Energy close to securing new funding following collapse of previous deal
San Leon Energy, a key player in Nigeria's oil and gas sector, is close to a deal with two potential funding partners
Nigeria’s NNPCL asks Economic and Financial Crimes Commission for help combating crude oil theft
Côte d'Ivoire and Eni announce major oil discovery
Turkey-Somalia energy pact strengthens bilateral ties amid regional tensions
Turkey and Somalia inked an energy exploration and drilling pact on March 7, bolstering their ties following a recent defence agreement. The deal aims to tap into Somalia's onshore and offshore hydrocarbon reserves estimated to reach 30bn barrels.
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