AfrOil - Africa Oil & Gas
Australian oil company 88 Energy completes 2D seismic data collection over Namibian asset
88 Energy Limited (88 Energy) of Australia has announced the completion of 2D seismic acquisition over its oil prospect in Namibia.
Ghana’s LPG Marketers Association says it does not oppose CRM
Ghana’s Liquefied Petroleum Gas (LPG) Marketing Companies Association has said that it is not opposed to the implementation of the National Petroleum Authority’s (NPA) Cylinder Recirculation Model (CRM).
US oil group Apache discusses expanding investments in Egypt
President Abdel Fattah El-Sisi met with a delegation from Apache Corporation led by the Chief Executive Officer John Christman, discussing plans to expand and increase the US firm's operation and research in oil and gas production.
Naturgy strikes Algerian gas deal, predicts strong results this year
Spanish energy group Naturgy announced on July 23 it had reached a deal with Algeria’s national oil and gas company Sonatrach setting prices for gas deliveries in 2024.
Europa Oil&Gas updates prospective resources on EG-08 block offshore Equatorial Guinea
AIM-listed exploration, development and production company Europa Oil & Gas has announced an increase in its prospective resources on EG-08 block in the Doula Basin offshore Equatorial Guinea.
TotalEnergies-led group could need $4bn more to build a liquefied natural gas project in Mozambique
An Indian company, Bharat Petroleum Corporation, with a 10% stake in a $16bn liquefied natural gas project in northern Mozambique has said costs of developing the project could rise by $4bn.
Turkey and Somalia sign hydrocarbon exploration deal
Turkey and Somalia signed an agreement on July 18 for hydrocarbon exploration and production in Somali waters, Turkish Energy Minister Alparslan Bayraktar said.
Nigeria's Dangote Refinery turns to Libya for crude oil amid domestic supply challenges
The plant, located in the Lekki Free Zone near Lagos, currently produces about 50% of its 650,000 bpd installed capacity and is looking to reach the 60% mark by September and 85% mark before 2025.
Africa draws attention of global oil and gas explorers, says Rystad Energy
In oil and gas exploration, Guyana and Namibia currently dominate the scene owing to recent discoveries within the Guyana Basin and Namibia’s sector of the Orange Basin.
Saipem secures contract to monitor GreenStream gas pipeline connecting Libya and Italy
Italian energy infrastructure services firm Saipem has secured a multi-year contract to monitor the vital gas pipeline GreenStream connecting Libya and Italy.
Ex-Goldman Sachs banker extradited to US in Ghana bribery case around Tema Oil Refinery
Logistic costs to make petrol more expensive in Uganda than Kenya.
In a significant development affecting fuel pricing dynamics between Uganda and Kenya, discrepancies in pipeline and logistics costs have emerged, complicating Uganda's efforts to achieve cheaper oil imports by bypassing Kenya.
Fuel prices in Ghana by 4%, impacting transportation and food costs
Fuel prices in Ghana have increased by 4% as the second pricing window begins.
Chappal Energies acquires stake in Shell Petroleum Development Company
Chappal Energies has finalised a sale and purchase agreement to acquire a 10% non-operated interest from TotalEnergies Exploration and Production Nigeria in the Shell Petroleum Development Company (SPDC).
Tetracore Energy to launch Ghana's first virtual gas pipeline network
Tetracore Energy Group is set to launch Ghana's first virtual gas pipeline network and compressed natural gas (CNG) mother station this year, having secured all licences to supply natural gas through the West African Gas Pipeline (WAGP) network.
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