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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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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
Eni starts Phase 2 of Congo LNG project ahead of schedule with new FLNG capacity
Eni has begun Phase 2 of its Congo LNG project ahead of schedule, bringing the Nguya FLNG unit online and lifting combined capacity with the Tango FLNG to about 1.4mn t/yr.
TotalEnergies reportedly leading bidder for 40% stake in Galp’s Mopane discovery offshore Namibia
TotalEnergies is the top bidder for a 40% stake in Galp Energia’s Mopane discovery offshore Namibia, Bloomberg reports. Galp expects to finalise a partner this yer, with UBS valuing the stake at about €200mn plus roughly €3bn in carried costs.
ABL and Egypt’s PMS launch integrated rig-moving service for Red Sea and Gulf of Suez
Global marine and energy consultancy ABL and Egypt’s Petroleum Marine Services Co. (PMS) have announced an integrated rig-moving service for offshore operators in the Red Sea and Gulf of Suez.
Sam Nwanze of Nigeria’s Heirs Energies named CFO of the Year at All Africa Business Leaders Award
Samuel O. Nwanze, Chief Financial Officer (CFO) of Heirs Energies, one of Africa’s fastest-growing indigenous integrated energy companies, has been named CFO of the Year at the All Africa Business Leaders Award.
Nigeria opens bidding for 50 oil blocks as government targets $10bn in investment
Nigeria has opened its 2025 oil licensing round, offering 50 blocks as the federal government targets $10bn in new investments and seeks to raise daily output by 400,000 barrels.
Nigeria launches $100mn equity scheme to boost local oil firms
Nigeria has launched a $100mn equity investment scheme to strengthen indigenous oil and gas service companies and expand local participation in the sector
African Energy Chamber condemns UK's withdrawal of funding for Mozambique LNG project
The African Energy Chamber (AEC) has strongly criticised the UK government’s decision to withdraw financial support from the Mozambique liquefied natural gas (LNG) project.
Libya and Algeria eye expanding technical energy cooperation in refinery, pipeline and solar projects
Libya’s Ministry of Oil and Gas and Algeria’s Sonatrach are looking to collaborate on refinery-rehabilitation studies, pipeline options, solar-energy projects and laboratory research.
Perenco completes 12-well drilling campaign at Chad’s Badila field as output rises above 18,000bpd
Perenco’s subsidiary PetroChad Mangara has completed a 12-well drilling campaign at the Badila field in southern Chad, lifting combined output from the Badila and Mangara fields above 18,000bpd.
Nigeria’s NNPCL records $5.6bn in intra-group refinery balances
The Nigerian National Petroleum Company Limited (NNPCL) has recorded about $5.6bn in related-party balances with its refinery subsidiaries, according to an analysis of its December 2024 financial statements.
TotalEnergies sells 40% of Nigerian offshore licences to Chevron, keeps operator role
TotalEnergies will transfer a 40% stake in two Nigerian offshore exploration licences in the West Delta basin (PPL 2000 and PPL 2001) to Chevron while retaining operatorship.
Egypt to retire Aqaba-based floating unit as gas imports from Israel stabilise
Egypt has decided to discontinue the use of the Energeous Force floating storage and regasification unit (FSRU), currently stationed at Jordan’s Aqaba port, by the end of December 2025
Kenya grants tax breaks to Gulf Energy for $6.1bn South Lokichar oil project
Kenya has approved tax exemptions and higher cost-recovery limits for Gulf Energy Ltd., the Nairobi-based energy trading firm that acquired Tullow Oil Plc’s exploration blocks in the South Lokichar basin
Stena Drilling presses Ghana over debts as state moves on oil asset
Swedish offshore contractor Stena Drilling has written to Ghana’s energy minister seeking protection for debts owed by embattled local operator Springfield E&P as the government moves to acquire a key offshore oil block.
Egypt secures petroleum product supply amid economic challenges, says central bank governor
The Governor of the Central Bank of Egypt, Hassan Abdallah, said that the necessary foreign currency has been provided to secure the supply of petroleum products over the next period despite economic challenges.
Libya’s NOC reviews Polish firm PUNA’s exploration plans for 2025–26 in Murzuq Basin
Libya’s NOC held a technical meeting on November 27 with PGNiG Upstream North Africa B.V. to review the Polish firm’s exploration activities for 2025 and its planned programmes for 2026 in the Murzuq Basin.
Libya’s NOC adds 1,100bpd from new Amal Field production well
Libya’s state-owned National Oil Corporation (NOC) said it has brought a new production well online at the Amal Field, adding 1,100 bpd of output as part of efforts to stabilise and expand crude supply across key onshore assets.
TGS expands Comoros offshore data portfolio with new licensing agreement
TGS has expanded its multi-client seismic portfolio in East Africa after securing rights to market and license geophysical data from the Comoros’ offshore basins, strengthening its coverage of frontier acreage adjacent to Mozambique’s Rovuma.
Crude shortages cut Nigeria’s refinery utilisation to 62% despite $20bn in private investment
Nigeria’s refining sector is operating at only 61.6% of its 1.125mn barrels per day (bpd) capacity due to persistent crude supply constraints
Egyptian oil services firm Petrojet plans to build manufacturing complex in Algeria
Egypt’s oil services firm Petrojet and Algeria’s state-owned energy major Sonatrach are studying the establishment of a joint manufacturing complex in Algeria to produce equipment for oil and gas field operations
Ghana pushes $60bn West Africa energy hub with mega refineries and petrochemicals
Ghana is pressing ahead with plans to build a massive Petroleum and Petrochemical Hub aimed at transforming the country into a regional energy powerhouse, an official has said.
South Africa’s industrial gas users launch GasHub to address looming supply gap
Twenty-two major industrial gas users from South Africa’s mining, glass, metals, chemicals and food manufacturing sectors have formally launched GasHub, a gas demand aggregator.
Nigeria’s crude output rises to 1.40mbpd in October but stays below OPEC+ quota
Nigeria’s crude oil production inched up to 1.40mbpd in October, according to the NUPRC, but remained below its 1.5mbpd OPEC+ quota for the third straight month.
Angola opens $4bn Soyo gas plant with 400mmcfd capacity under NCG consortium
Angola has opened a $4bn gas processing plant in Soyo with a capacity of around 400mmcfd built by the Novo Consórcio de Gás, which includes Azule Energy, Chevron and TotalEnergies.
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