AfrOil - Africa Oil & Gas

Egypt approves four oil and gas exploration agreements to increase energy output

Egypt’s House of Representatives has approved four oil and natural gas exploration and development agreements, including an onshore project in North Sinai involving French-British independent producer Perenco

Nigeria names preferred bidders for 37 oil and gas blocks

Nigeria has selected 31 companies as preferred bidders for 37 oil and gas blocks offered under its 2025 Licensing Round, concluding the commercial bidding stage of an eight-month process intended to attract investment and boost hydrocarbon production

UK lawsuit against EACOP threatens Uganda's energy future, AEC says

The African Energy Chamber has criticised a legal challenge against the East African Crude Oil Pipeline in the UK High Court, arguing that Uganda’s energy future should be decided by its own institutions rather than foreign courts.

Afreximbank approves $200mn facility for Algeria’s Hassi Bir Rekaiz oil project

African Export-Import Bank (Afreximbank) has approved a $200mn revolving facility for Shoreline Power Company and its co-borrowers to support work on the $980mn Hassi Bir Rekaiz oilfield expansion in Algeria.

Egyptian Gupco crude oil production reaches its highest level since 2019

Egypt’s Gulf of Suez Petroleum Company (GUPCO) has increased its crude oil production to 71,250 barrels per day (bpd) in July, up from approximately 65,000 bpd at the start of the year

Egypt holds talks with global energy majors to secure long-term LNG supplies

Egypt is currently in talks with leading international energy companies to purchase between 15 and 18 shipments of liquefied natural gas (LNG) per month under agreements spanning three to five years

Nigeria returns 13 oil blocks to licensing pool after failed bids

Nigeria will return 13 oil and gas blocks to its licensing pool after they failed to attract bids in the country’s 2025 upstream licensing round, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said.

Halliburton commits $15mn to train Ghana's future oil engineers

Halliburton Ghana Operations Limited has pledged an estimated $15mn in software, training and academic support to build up Ghana's petroleum engineering talent, under a new partnership with the Petroleum Commission and KNUST.

Nigeria stays on track for 3mn bpd oil output target by 2030

Nigeria remains on course to increase crude oil production to 3mn barrels per day by 2030 as regulatory reforms, faster approvals and renewed investment continue to support a recovery in upstream activity

Oregen Energy appoints Michael Simpson to board as it advances Namibia exploration strategy

Canadian oil and gas investor Oregen Energy has appointed energy policy and regulatory specialist Michael Simpson to its board of directors as the company advances its offshore exploration interests in Namibia's Orange Basin.

ECOWAS countries sign intergovernmental accord for $25bn Nigeria–Morocco gas pipeline

Member countries of the Economic Community of West African States (ECOWAS) have signed an intergovernmental agreement governing the development of the 6,900km Nigeria–Morocco African Atlantic Gas Pipeline (AAGP)

Canadian firm ReconAfrica reports first onshore hydrocarbon flow in Namibia

Reconnaissance Energy Africa has produced hydrocarbons to the surface during production testing at its Kavango West 1X discovery well, marking what the company described as the first successful onshore hydrocarbon flow in Namibia.

Nigeria warns new oil licence holders to develop blocks or risk forfeiture

Nigeria’s upstream regulator has told companies awarded oil licences in recent bidding rounds to begin exploration and development or risk forfeiting undeveloped blocks under the country’s “drill or drop” rules.

South Sudan seeks fresh investment as reforms target oil sector growth

The African Energy Chamber has conducted a working visit to Juba, South Sudan, to identify opportunities for attracting foreign investment as the country strives to revive its oil industry and pursue reform across the energy sector.

West African leaders back $25bn Nigeria-Morocco gas pipeline

West African leaders have endorsed the planned $25bn Nigeria-Morocco gas pipeline, advancing a 6,800-kilometre project designed to connect 13 African countries and potentially supply gas to Europe.

OPEC reflects on its superpower era

War‑time disruption, sanctions and the UAE’s exit have exposed the limits of OPEC’s market power, leaving the cartel more constrained, more reactive and less central to price formation

Libya approves development of 195mn-barrel Cyclone Oil Field in Sirte Basin

Libya’s National Oil Corporation (NOC) has declared the commercial viability of the Cyclone Oil discovery in Concession 103 within the Sirte Basin, clearing it for immediate development

Algeria’s energy major Sonatrach signs gas supply deal with Germany’s VNG

Algeria’s state-owned energy major Sonatrach and German energy firm VNG have signed a new natural gas supply agreement to expand gas volumes and secure energy infrastructure ties

OPEC takes aim at the IEA over oil and gas forecasts

OPEC warns that pessimistic demand forecasts and financing restrictions risk deterring oil and gas investment.

Shell awards $518mn contracts to 123 Nigerian firms in 2025

Shell (LSE: SHEL, NYSE: SHEL) awarded contracts worth $518mn to 123 indigenous companies in Nigeria in 2025, as the company expanded local participation across its oil and gas operations and supply chain

Italian oil giant Eni urges Mozambican firms to boost competitiveness for gas contracts

Italian energy company Eni has urged Mozambican businesses to strengthen their competitiveness rather than rely on local content regulations if they are to secure contracts linked to the country's liquefied natural gas (LNG) projects.

Nigeria approves enhanced tax credit for Shell's $20bn Bonga deepwater project

Africa's LNG ambitions gather pace amid record global trade, says IGU report

Africa is steadily carving out a more prominent role in the global LNG industry.

Kenya's planned Dangote refinery faces early opposition over environmental concerns

Plans by Dangote Industries to build what would be East Africa's largest oil refinery in Kenya's coastal Lamu County are facing early resistance from environmental organisations and sections of the local community, raising fresh questions