AfrOil - Africa Oil & Gas
TotalEnergies to take 40% stake and operatorship of Namibia’s PEL 83 in deal with Galp
TotalEnergies has agreed to acquire a 40% stake and operatorship of Namibia’s PEL 83 from Galp Energia, joining NAMCOR, Custos Energy and Sintana in one of the Orange Basin’s most closely watched licences.
Morocco launches FSRU and pipeline tenders as it targets 2027 LNG import start
Morocco has issued international tenders to procure an FSRU and build a national gas pipeline network as it works toward commissioning its first LNG import terminal by 2027.
Senegal to start domestic gas pipeline construction in 2025 as MSGBC states deepen regional cooperation
Senegal plans to begin construction of its domestic gas pipeline network before end-2025, Energy Minister Birame Soulèye Diop said, positioning domestic supply as a core pillar of the country’s gas-to-power and industrial strategy.
Nigeria’s NNPCL receives $185mn from frontier exploration fund, says NUPRC
Nigeria’s upstream regulator has confirmed that NNPCL has received more than $185mn and NGN14.9bn ($17.2mn) from the Frontier Exploration Fund, following public speculation about alleged withheld payments
Heirs Energies, NNPCL advance gas commercialisation at OML 17 in Nigeria
The Nigerian National Petroleum Company Limited (NNPCL) and Heirs Energies have signed flare-gas commercialisation agreements under the Nigerian Gas Flare Commercialisation Programme (NGFCP) and approved Non-NGFCP frameworks.
Nigeria advances deepwater push as NUPRC targets up to 810,000 bpd through cluster model
Nigeria aims to unlock up to 810,000bpd of potential incremental output from 6.8bn barrels of deepwater reserves as NUPRC works with IOCs on a cluster-development model to lower costs, improve project economics and revive stalled offshore investment.
Senegal approves payment into African Energy Bank as APPO targets $120bn capital build-out
Senegal will pay its AEB contribution in December, strengthening African Petroleum Producers’ Organization and Afreximbank’s $5bn capitalisation drive for the lender, which targets a $120bn scale-up to finance hydrocarbons & renewable projects
The State of African Energy 2026 Outlook forecasts $41bn upstream spending
The African Energy Chamber has released its latest report titled The State of African Energy 2026 Outlook. One of the main features of the report is its emphasis on Africa’s upstream sector.
Israel reaches $35bn gas export deal with Egypt
Israel's Leviathan partners reach $35bn gas export deal with Egypt as Netanyahu rushes approval before Trump meeting, with senior US officials involved in resolving impasse over agreement.
TotalEnergies acquires 40% stake in Galp’s Namibia oil discovery via swap, not cash
TotalEnergies has agreed to acquire a 40% stake in Galp’s Mopane discovery in Namibia’s Orange Basin through a swap involving interests in nearby blocks, surprising investors and contributing to a sharp drop in Galp’s share price.
Libya seeks bigger role in supplying gas to Europe, says minister
Libya’s strategic position between Africa and Europe, he noted, places it in a strong position to become a regional hub for collecting and exporting African gas to the EU, said the Libyan oil minister. It's looking for a bigger supply role.
Renaissance launches flare reduction project in Nigeria
Renaissance Africa Energy Company Limited has launched the Southern Swamp Associated Gas Solutions project in Delta State, adding 100mn standard cubic feet per day of gas to Nigeria’s domestic supply and advancing national flaring-reduction efforts
Egypt brings new gas well online with 10mn cubic feet/day output
Egypt’s Ministry of Petroleum and Mineral Resources announced that it is currently finalising procedures to bring a new natural gas well into production, with an expected output of around 10mn cubic feet per day
Kenya weighs Gulf Energy’s rail plan as alternative to costly Lokichar pipeline
Gulf Energy has proposed that the Kenyan government extend the metre-gauge railway (MGR) to Lokichar in Turkana County by 2030 to move crude to Mombasa, contrary to the State’s preference for an export pipeline.
Ghanaian energy firm set for offshore Guyana oil deal
Ghanaian-owned Cybele Energy Ltd is poised to enter the international oil arena with an agreement to explore for hydrocarbons in Guyana’s shallow waters, Guyana’s natural resources minister said.
Egypt plans to launch $5.4bn LNG tender for 2026 supply
The Egyptian government is preparing to launch a global tender in March 2026 to import around 100 shipments of Liquefied Natural Gas (LNG) throughout the year, with an initial estimated value of $5.4bn.
Shell and Petronas seek 20% gas price increase for Egypt’s West Delta marine phase
UK energy major Shell and Malaysia's national oil and gas company Petronas asked the Egyptian Natural Gas Holding Company (EGAS) to raise the gas price for the upcoming Phase 12 development of the West Delta Deep Marine fields by 20%
Nigeria’s NNPCL repays $3bn loan with $1.3bn worth of crude under Project Gazelle
Nigerian National Petroleum Company Limited (NNPCL) repaid part of its $3bn loan from the African Export-Import Bank in 2024 through the delivery of NGN991bn ($1.3bn) worth of crude oil under a forward sale arrangement
Nigeria’s CNG sector attracts $2bn investment, targets $5bn by 2027
Nigeria’s compressed natural gas (CNG) sector has attracted $2bn in private investment within two years, with the government targeting $5bn by 2027 and projecting large-scale job creation across the industry
Canadian group Eco Atlantic inks deal for Navitas Petroleum to acquire 47.5% interest in its South African oil block
Cairn Petroleum secures $30mn oil exploration deal in Egypt's Gulf of Suez
The Egyptian General Petroleum Corporation (EGPC) has signed a new agreement for oil exploration and production in the Gulf of Suez, with investments worth $30mn
Canadian group ReconAfrica discovers hydrocarbons in Namibia
Reconnaissance Energy Africa has announced a hydrocarbon discovery at its onshore petroleum exploration licence 73 in Namibia.
South Africa's Sasol inaugurates $1bn gas processing plant in Mozambique
Mozambique has launched its first liquefied petroleum gas (LPG) production facility, which is expected to reduce imports of the product by 75%.
TotalEnergies clarifies financing changes for Mozambique LNG project after UK, Dutch agencies withdraw
TotalEnergies has issued a statement with a clarification on the financing of the Mozambique liquefied natural gas (LNG) project.
Africa-focused Meren Energy launches new $35mn share buy-back approved by TSX
Meren Energy has secured TSX approval for a new $35mn normal course issuer bid authorising repurchases of up to 21.64mn shares across the TSX, Nasdaq Stockholm and Canadian trading systems from December 2025 to December 2026.
Nigeria to host new Africa-wide petroleum regulators forum amid push for harmonised standards
Africa’s petroleum regulators have unanimously selected Nigeria as the headquarters of AFRIPERF and elected NUPRC chief executive Gbenga Komolafe as chair.
Egypt’s EGAS plans to export four LNG cargoes in December
Egyptian Natural Gas Holding Company (EGAS) is preparing to export four liquefied natural gas (LNG) cargoes in December 2025, with total volumes of around 550,000 cubic metres. Revenue from sales will be directed toward settling part of the arrears
Libya to launch bid for 22 oil blocks, largest round in 18 years
Libya plans to launch a historic oil exploration bidding round covering 22 blocks (11 offshore and 11 onshore) in the country’s largest initiative of its kind since 2007
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