AfrOil - Africa Oil & Gas
Nigerian oil and gas firms expand abroad as Western majors retreat from onshore fields
Nigeria’s oil and gas industry is undergoing a shift as major international oil companies (IOCs) retreat from riskier onshore and shallow-water operations to focus on deep offshore developments.
Seplat completes first domestic LPG supply from Bonny River Terminal
Seplat Energy has completed its first domestic supply of liquefied petroleum gas (LPG) from the Bonny River Terminal in Rivers State, delivering 12,600 metric tonnes of butane to the Nigerian market in partnership with Nigerian National Petroleum Co.
Energy firms Eni and Apache plan gas output boost in Egypt
Italy's Eni aims to produce around 120mn cubic feet per day of natural gas from two new wells at Egypt’s Zohr field in the Mediterranean by November. US-based Apache Corp. plans to boost its natural gas production in Egypt.
Africa-focused Tullow Oil scrambles to refinance $1.3bn bond as debt pressures mount
Africa-focused Tullow Oil is in talks to refinance a $1.3bn bond maturing in 2026, as the heavily indebted explorer faces mounting pressure from weakening performance and ratings downgrades.
Libya’s oil production hits 1.38mn barrels per day
Libya’s National Oil Corporation (NOC) announced on August 19 that crude oil production had in the previous 24 hours exceeded 1.38mn barrels, alongside an additional 50,000 barrels of condensates
Nigerian's NNPCL and joint venture partner Sahara Group commission new LPG carrier
The Nigerian National Petroleum Co. Ltd. (NNPCL) has expanded its liquefied petroleum gas (LPG) fleet with JV partner Sahara Group, commissioning a new ship to be constructed in Ulsan, South Korea.
Algeria signs deals with US Occidental Petroleum to assess oil potential
Algeria’s national agency of hydrocarbons ALNAFT, and US-based Occidental Petroleum announced the signing of two agreements to conduct studies evaluating the hydrocarbon potential of two regions.
Nigerian civil group sues NNPCL finance chief over alleged $92mn misappropriation
A Nigerian civil society organisation has filed a lawsuit against NNPCL Chief Financial Officer Adedapo Segun, seeking recovery of $92mn allegedly misappropriated in the state oil firm's acquisition of OVH Energy and related refinery projects.
Ghana’s oil output falls to five-year low as watchdog warns of waning investment
Ghana’s crude oil production has slumped to its lowest level in five years, a public oversight body said, warning that weak investment and regulatory bottlenecks are undermining the West African nation’s once-promising upstream sector.
Nigeria’s NNPCL and NLNG boost gas sector investment to strengthen energy stability
The Nigerian National Petroleum Company Ltd. (NNPCL) and Nigeria LNG Limited (NLNG) have intensified collaborative efforts to secure critical infrastructure, increase gas supply, and attract upstream investment to stabilise Nigeria’s energy sector.
Azule Energy and partners plan to fast-track production from Namibian oil discovery
Azule Energy, a 50:50 joint venture between oil and gas giants BP (UK) and Eni (Italy), is fast-tracking its oil operations in Namibia’s Orange Basin as it competes with other companies to be among the first to produce Namibian crude.
Rabat showcases $25bn Nigeria-Morocco Gas Pipeline (NMGP) project to US investors
Rabat presented the ambitious $25bn Nigeria-Morocco Gas Pipeline (NMGP) project to key American investors at the US-Africa Energy Forum in Houston earlier this month, amid rising interest among investors and institutions there to back projects.
Kenya Pipeline Company privatisation via IPO temporarily blocked by High Court in Nairobi
The High Court in Nairobi has temporarily halted the government’s plan to privatise the KPC by selling up to a 65% stake in the pipeline company - without what a consumer group calls "proper" public participation.
Natural gas production in Egypt drops 3% q/q in Q2 2025
Natural gas production in Egypt dropped by 3% quarter-on-quarter (q/q) in Q2 2025, averaging 4.16bn cubic feet per day (bcf/d), down from 4.30 bcf/d in Q1
Algeria nears landmark gas deal with ExxonMobil and Chevron
Algeria is close to finalising a historic agreement with US energy majors ExxonMobil and Chevron to tap into its vast natural gas reserves, including shale gas, in what would be the first deal of its kind for the North African country.
Uganda, Tanzania appoint consultant for feasibility study on gas pipeline
Uganda and Tanzania have appointed a consultant to conduct a feasibility study for a proposed gas pipeline connecting the two countries, which will follow a separate route than the EACOP crude oil pipeline.
Nigeria’s NUPRC unveils strategy to attract 40% of Africa’s upstream oil investments
Nigeria’s petroleum regulator has launched a comprehensive strategy aimed at increasing the country’s share of Africa’s upstream oil investments to 40%
Western Cape High Court revokes TotalEnergies environmental authorisation to drill for oil offshore South Africa
The Western Cape High Court has rescinded the environmental authorisation granted to energy supermajors TotalEnergies (France) and Shell (UK) to drill for oil a deepwater block in Outeniqua Basin offshore South Africa.
Nigeria’s FIRS meets oil and gas revenue target for first time in years
Nigeria’s Federal Inland Revenue Service (FIRS) has met its oil and gas revenue target for 2025, marking the first time in several years the agency has achieved the benchmark.
Port Harcourt designated as Nigeria’s ‘premiere energy city’ despite refinery woes
Nigeria’s Rivers State administrator Vice Admiral Ibok-Ete Ekwe Ibas designated Port Harcourt as Nigeria’s premier energy city this week as part of a bid to renew membership in the World Energy Cities Partnership (WECP), according to Leadership.
Ghana think tank demands answers over minister, central bank rift on gold-for-oil scheme
Ghana’s flagship Gold-for-Oil (G4O) scheme, which aimed to cut demand for US dollars to import fuel, was launched in response to a spiralling foreign exchange crisis and surging inflation.
Canadian independent Meren Energy announces Q2 2025 results, provides Africa operations update
Canadian-based independent oil and gas company Meren Energy (formerly trading as Africa Oil Corporation) has published its financial and operating results for the three and six months ended June 30, 2025.
Kenya lawmakers grill plan to sell majority stake in state fuel transporter KPC
Kenya’s lawmakers intensified scrutiny of the government’s proposal to sell a controlling stake in Kenya Pipeline Company (KPC)at a second day of parliamentary group meeting on Public Debt, Energy and Privatisation.
France’s supermajor TotalEnergies advances plans to drill offshore South Africa
French oil and gas giant TotalEnergies is planning to embark on a significant offshore drilling campaign in South Africa. The campaign will target areas of the Deep Western Orange Basin (DWOB) near TotalEnergies’ major oil discoveries in Namibia.
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