AfrOil - Africa Oil & Gas

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Oil & Gas

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Overview

AfrOil has always been at the forefront of news and analysis on political change in Africa. Leading commentaries in recent years have covered the Arab Spring in North Africa, the splitting of Sudan, and regional political divides in Nigeria and other countries. AfrOil not only provides analysis of what is happening on the political landscape, but gives insights in to what effects this may have on the oil & gas industry in these regions.

 AfrOil highlights company activity throughout Africa, from planning and investment to production and results. Through its coverage of new projects and developments, as well as contracts or tenders being announced and won, AfrOil has allowed our customers to keep ahead of their competition and look for new opportunities across the continent.

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Brazil’s Petrobras expands Africa push with new Mozambique ENH agreement

24 September 2026

Petrobras and Mozambique’s state-owned ENH have signed a two-year MoU to explore oil and gas cooperation as Maputo seeks fresh energy investment.

Djibouti expands fuel corridor with rail-linked terminal for direct shipments to Ethiopia

24 September 2026

A new petroleum terminal at Djibouti’s Doraleh port will add 288,000 cubic metres of storage and enable direct rail loading of Ethiopia-bound fuel from 2027.

Egypt urges Eni to accelerate development of Denise gas field

24 September 2026

Egypt’s Petroleum and Mineral Resources minister has pressed Italian energy major Eni to expedite development drilling at the offshore Denise gas field in the Mediterranean Sea and bring new production volumes online as soon as possible.

Bounty Oil & Gas agrees PetroQuest acquisition to pursue Liberia’s LB-32

24 September 2026

Australian oil and gas explorer and producer Bounty Oil & Gas NL (ASX: BUY) said in a 22 September ASX announcement that it had signed a binding share sale agreement to acquire 100% of PetroQuest Liberia Deep Water LLC.

TotalEnergies, AMNI take FID on Nigerian Ima gas project supplying NLNG Train 7

23 September 2026

TotalEnergies and AMNI have taken FID on the offshore Ima gas project, expected to start in 2028 and supply around one-third of the gas needed for Nigeria LNG’s Train 7 expansion.

Saipem, Petrofund launch Namibia upstream skills partnership

23 September 2026

Italian group Saipem (BIT: SPM) and Namibia’s Petroleum Training and Education Fund (Petrofund) have signed a memorandum of understanding to expand technical training and develop local skills for the country’s emerging upstream hydrocarbon sector.

Kenya prepares September 30 groundbreaking for $15bn-$16bn Lamu refinery

23 September 2026

Kenya is preparing to break ground on a planned 700,000-barrel-per-day refinery in Lamu on September 30, with project costs estimated at $15bn-$16bn and major financing and crude-supply risks still unresolved.

Tanzania’s $42bn LNG project enters final legal stage ahead of approvals

23 September 2026

Tanzania’s $42bn LNG project has entered final legal negotiations, with Host Government Agreements and LNG legislation still requiring state and parliamentary approvals before FID.

DRC to present oil and gas investment opportunities at AEW 2026

23 September 2026

The Democratic Republic of the Congo (DRC) is seeking to accelerate development of its hydrocarbons industry, with Minister of State for Hydrocarbons due to present the country's oil and gas agenda at African Energy Week in Cape Town.

Dangote hires Engineers India for $450mn work on planned Kenya refinery, but key hurdles remain

23 September 2026

Financing, crude supply, port infrastructure and permitting remain key execution tests for the Nigerian group's planned 700,000-bpd Lamu refinery.

Eco completes South Africa offshore farm-down to Navitas

22 September 2026

Eco (Atlantic) Oil & Gas (AIM: ECO; TSXV: EOG) has completed the farm-down of a 37.5% working interest in Block 1 CBK offshore South Africa to Navitas Petroleum, transferring operatorship after receiving regulatory approvals.

Nigeria's Dangote outlines plan for more than $10bn African power investment

22 September 2026

Dangote Industries plans to invest more than $10bn in African power over the next three to four years, although no specific projects, financing packages or final investment decisions have yet been disclosed.

Mozambique seeks Brazilian gas investment, plans licensing round

22 September 2026

Mozambican President Daniel Chapo has invited Brazilian companies to invest in the country’s oil and gas sector and said Mozambique was preparing a new hydrocarbon licensing round as it seeks to expand domestic mineral processing.

Oman's OQ explores Angola energy investments with Sonangol

22 September 2026

Oman’s OQ and Angola’s Sonangol have agreed to explore cooperation across upstream oil and gas, LNG, fertilisers, petrochemicals and commodity trading, alongside a separate 500-MW renewable energy plan.

Belgium's EXMAR to lease out FSRU to Côte d’Ivoire for 10 years

22 September 2026

Belgium’s EXMAR has signed agreements to provide a floating storage and regasification unit to Côte d’Ivoire under a 10-year lease expected to generate around $21.3mn in annual EBITDA.

Armed group shuts pipeline from Libya’s Sharara oilfield

22 September 2026

An armed group has shut a valve on a pipeline linking Libya’s major Sharara oilfield to the Zawiya export port, causing production rates to fall

Egypt plans $1.36bn strategic crude stockpile with Libya, Iraq supplies

22 September 2026

The Egyptian government is currently planning to build a strategic crude oil stockpile of around 16mn barrels through new supply agreements with Libya and Iraq

Chevron, TotalEnergies back Namibia oil-contract negotiation training

22 September 2026

Chevron (NYSE: CVX) and TotalEnergies (Paris: TTE, LSE: TTE, NYSE: TTE) have supported training to strengthen the Namibian government’s capacity to negotiate and administer international oil and gas agreements as offshore exploration intensifies.

South Africa’s PetroSA contests $37mn liquidation application over disputed fuel debt

21 September 2026

South Africa’s state-owned oil company PetroSA is opposing an application by fuel trader Nako Energy to place it under provisional liquidation over a disputed ZAR605.5mn ($37.2mn) claim, saying it has a substantive defence and remains operational.

Uganda’s nearly built $5.6bn EACOP will open a route to oil markets, but a wider East African payoff remains uncertain

21 September 2026

The East African Crude Oil Pipeline (EACOP) is nearing completion, opening a Ugandan crude-export route through Tanzania. But questions remain over financing, fuel security and wider economic gains.

Indonesia’s Pertamina eyes Nigeria’s 2026 oil licensing round as investment talks open

21 September 2026

Pertamina is seeking producing and near-production oil assets abroad, VP for upstream business development Toriq Abdat said following talks with Nigeria’s upstream regulator.

Senegal and Zimbabwe test energy sovereignty against financing constraints

21 September 2026

Senegal wants to use oil and gas revenues to reduce power costs, expand electricity access and support domestic industry, while Zimbabwe seeks investment in generation and grid upgrades.

Uganda expects first oil revenues to ease borrowing, bolster forex reserves

21 September 2026

Uganda expects about UGX1.5 trillion ($388mn) in initial oil revenue in FY2026/27 as Kingfisher, Tilenga fields move towards first production and exports via the East African Crude Oil Pipeline (EACOP).

Tinubu urges Nigerian states to accelerate CNG, electric transport rollout, amid drive to cut fares

21 September 2026

Nigerian President Bola Tinubu has urged the country's 36 state governments to accelerate compressed natural gas (CNG) and electric transport programmes

Ghana prepares exploratory well in Voltaian Basin, eyes fresh commercial oil and gas investment

21 September 2026

Ghana is preparing to drill a key exploratory well in the Voltaian Basin, a step that could help determine whether the country’s largest sedimentary basin can attract commercial oil and gas investment.

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Edited by

Jennifer deLay

Editor

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