AfrOil - Africa Oil & Gas

20 June 2024

Niger halts oil exports through Benin

19 June 2024

Niger has shut off a 1,200-mile oil pipeline operated by the China National Petroleum Corp. used to transport crude through a port in Benin, according to comments made by Niger’s Oil Minister Mahaman Moustapha Barke Bako on June 13.

Sound Energy sells Moroccan assets for $45.2mn to Managem

19 June 2024

London-listed Sound Energy sold assets in Morocco for $45.2mn to Managem, Sound Energy said in a press release on Tuesday, June 18. The sale will have an effective date of January 1, 2022.

NNPCL signs agreement for deployment of FLNG facility

19 June 2024

The Nigerian National Petroleum Co. Ltd (NNPCL) and Bermuda-based Golar LNG have signed a project development agreement for the deployment of a floating liquefied natural gas facility in Nigeria.

Nigeria adds 17 deep offshore oil blocks to 2024 licensing round

19 June 2024

Nigeria has expanded the 2024 Licensing Round for oil fields by adding 17 new deep offshore oil blocks.

Nigeria's Dangote refinery delays gasoline deliveries

19 June 2024

Nigeria’s Dangote refinery has announced that it will be delaying the start of gasoline deliveries until July 15 – with Dangote Group CEO Aliko Dangote providing little insight into reasons for the decision.

Ethiopia discovers significant natural gas reserves, eyes production by next year

18 June 2024

Ethiopia has identified substantial natural gas reserves amounting to 21.3bn cubic meters in the Ogaden region, located in the country's southeast. This announcement was made by the Ethiopian Herald, a state-owned media outlet.

Venezuela and Nigeria aim to strengthen ties in oil and gas sector

13 June 2024

Pedro Rafael Tellechea, Minister of Petroleum and president of PDVSA, led the Venezuelan delegation in a meeting with Nigerian Prince Arthur Eze, who also serves as director of Atlas Oranto Petroleum.

SBM Offshore buys stakes in Angolan FPSOs

13 June 2024

SBM Offshore has realigned its business in Angola by acquiring shares in the lease and operating entities of FPSOs from Sonangol, while simultaneously divesting its stake in the Paenal shipyard to a Sonangol subsidiary.