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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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Indian group Vulcan invests $160mn to electrify Mozambique coal mine
Miner Vulcan has invested about $160mn to electrify its Moatize coal mine in Mozambique, a move aimed at cutting diesel consumption, improving operational efficiency and reducing the environmental footprint of one of Africa's largest coal operations.
Nigeria’s 2025 oil licensing round triggers multi-million-dollar tie-breakers
Nigeria’s 2025 oil and gas licensing round produced several tie-breaker contests, with companies raising signature bonus offers by millions of dollars to secure preferred or reserve positions for upstream assets.
Germany launches programme to commercialise Nigeria’s flared gas
Germany has launched a programme to help Nigeria recover value from gas flaring, which costs the country an estimated $1.5bn annually while contributing to greenhouse gas emissions
Capstone Energy+ to deploy flare gas recovery turbine at Gabon oilfield
Capstone Energy+ has signed a 36-month lease with Maurel & Prom to supply a 600-kilowatt microturbine for flare gas recovery at an onshore oilfield in Gabon.
Eco Atlantic advances Namibia, Guyana and South Africa exploration partnerships
Eco (Atlantic) Oil & Gas said it made significant progress across its Atlantic Margin exploration portfolio during the financial year ended March 31, as agreements with BP and Navitas Petroleum advanced projects in Namibia, Guyana and South Africa.
US-based Quantum Capital eyes long-term energy portfolio in Egypt
US energy investment firm Quantum Capital Group is exploring investment opportunities across Egypt’s oil and gas sector with plans to build a long-term investment portfolio
Mozambique eyes over $50bn energy investment to drive industrialisation
Energy projects under development in Mozambique's Rovuma Basin represent investments exceeding $50bn, with the government seeking to use the developments to accelerate industrialisation, create jobs and strengthen local businesses, AIM reports.
Brent tops $100 as Houthi strikes on Saudi tankers threaten Red Sea route
Brent crude broke $100 a barrel on July 23 for the first time since May 26 after Houthi forces struck two Saudi tankers in the Red Sea, threatening the export route Riyadh has used to bypass the closed Strait of Hormuz.
D3 Energy starts two-well helium drilling programme in South Africa
Australian helium and natural gas explorer D3 Energy (ASX:D3E) has started a two-well drilling programme at the Nooitgedacht area of its wholly owned ER315 permit in South Africa’s Free State province.
TGS, Ghana launch seismic imaging project for underexplored Keta Basin
Norwegian energy data group TGS (OSE:TGS) has signed an agreement with Ghana’s Petroleum Commission to create a unified 3D seismic volume over the offshore Keta Basin, as the country seeks to revive exploration and reverse declining oil production.
Saipem wins $260m Eni drilling contract in Côte d’Ivoire
Saipem has secured a contract worth about $260m from Eni (BIT: ENI) to provide offshore drilling services in Ivory Coast, with operations expected to begin in early 2027
Madagascar fuel import reform raises Russian oil sanctions concerns
Fuel distributors warn that Madagascar’s proposed expansion of state control over petroleum imports could expose companies and customers to products supplied by sanctioned entities, particularly if the country deepens energy ties with Russia.
Aminex seeks resolution after operator proposes work programme changes to Tanzania gas project
Tanzania-focused upstream oil and gas company Aminex is in talks with its partners to resolve a dispute over the development of Tanzania’s Ntorya gas field after the project’s operator proposed cutting this year’s work programme.
Tanzania’s Taifa Gas nears completion of $124mn Mombasa LPG terminal to challenge Kenya import duopoly
Taifa Gas, Tanzania's largest LPG distributor, controlled by billionaire Rostam Aziz, is nearing completion of a $124mn import and storage terminal in Kenya's port city of Mombasa, a project that will introduce a third major
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)
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