AfrOil - Africa Oil & Gas

AREWA Christians call on Nigerian president to reinstate Warri and Kaduna refineries

The Arewa Christians and Indigenous Pastors (ACIPA) have called on Nigerian President Bola Tinubu to expedite the rehabilitation of the moribund 125,000 barrels per day (bpd) Warri and 110,000 bpd Kaduna refineries.

TotalEnergies Kenya projects over 25% drop in 2024 net profit

TotalEnergies Kenya, a subsidiary of the French multinational oil and gas company TotalEnergies, has projected a more than 25% decline in its net profit for the year ending December 2024

Egyptian cabinet approves two petroleum commitment agreements worth $133.8mn

Nigeria's leading energy supplier Seplat to finalise $800mn acquisition of MPNU

ASX-listed 88 Energy reports progress at joint venture oil project in Namibia

88 Energy of Australia has said initial processing and interpretation of seismic data for the jointly-owned petroleum exploration licence 93 (PEL 93) in Namibia has confirmed 10 significant independent leads.

Equinor exits Azerbaijan and Nigeria in deals worth $2bn

Norway’s state oil company Equinor has completed its exit from upstream operations in Azerbaijan and Nigeria, finalising transactions valued at up to $2bn.

AfrOil: Eni secures exploration rights for four Ivory Coast offshore blocks

Chappal Energies finalises $1.2bn deal for Equinor Nigeria assets

Dangote Refinery, PETROAN sign direct distribution deal to ensure fuel supply over festive period

OPEC+ extends delay to easing restrictions

OPEC+ has further delayed its plan to ease oil production quotas

Germany’s SEFE agrees to supply deal with Angola LNG

Berlin-headquartered gas importer Securing Energy for Europe (SEFE) has agreed to purchase 0.5mn of supply from Angola LNG on a medium-term contract.

Egypt signs ten-year agreement with New Fortress to lease floating gas unit

The Egyptian Natural Gas Holding Company (EGAS) has signed a ten-year agreement with New Fortress Energy (NFE) to lease a floating storage and regasification unit.

ExxonMobil starts drilling in Egypt’s North Marakia concession on December 15

Japanese trading giant Mitsui, TotalEnergies aim to resume construction of $20bn LNG project in Mozambique

Libya to launch new round of gas exploration bids shortly

Libya’s National Oil Corporation plans to launch a new round of oil and gas exploration bids before the end of 2024, its head, Farhat Bin Qadara, said on December 3.

Namibia’s cabinet approves National Upstream Local Content Policy aimed at fostering energy independence

Namibia’s cabinet has approved the National Upstream Local Content Policy, a forward-looking initiative aimed at reducing reliance on foreign expertise by enhancing local capacity in the oil and gas sector