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.

 AfrOil is fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.

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Tanzanian energy ministry delegation inspects EACOP progress in Tanga

27 February 2026

Civil servants from Tanzania’s Ministry of Energy have conducted an inspection visit to Chongoleani in the Tanga Region to review the progress of the East African Crude Oil Pipeline (EACOP).

Nigeria’s NNPCL faces liquidity squeeze after Tinubu orders direct oil revenue remittance

27 February 2026

The Nigerian National Petroleum Company Limited (NNPCL) could face cashflow pressure and reduced operational flexibility after President Bola Tinubu ordered oil and gas revenues to be paid directly into the Federation Account.

Angola releases list of companies to be privatised, oil giant Sonangol not included

27 February 2026

Angola’s government has released a new list of companies that would be privatised under the Privatisation Programme (Propriv), Ver Angola reported on February 25.

Cameroon opens oil and gas licensing round across Rio del Rey and Douala basins

26 February 2026

Cameroon has launched a new oil and gas licensing round offering nine blocks, aiming to attract upstream investment and stabilise production as mature fields decline.

Angola’s Sonangol continues IPO preparations despite Propriv exclusion

26 February 2026

Sonangol is continuing preparations for a potential IPO despite its removal from Angola’s privatisation programme, amid the government’s longer-term push to reform the oil sector and attract investment even as timelines slip.

Nigeria gas output dips as exports rise amid associated gas decline

26 February 2026

Nigeria’s gas production fell slightly in January 2026 as associated output declined, while exports rose sharply and domestic sales weakened, highlighting a shift toward export-driven gas monetisation.

Displaced communities in Uganda express concern over lacklustre support from EACOP

26 February 2026

A study released by the Africa Institute for Energy Governance (AFIEGO) this week has shown that many households displaced by the East African Crude Oil Pipeline (EACOP) project regard its Livelihood Restoration Programme (LRP) to be inadequate.

UK Capricorn Energy aims to double oil operations in Egypt

26 February 2026

UK energy services firm Capricorn Energy is looking to double its operations in Egypt's oil sector and to support energy infrastructure and skilled workforce

Kenya Pipeline IPO oversubscribed as Uganda secures stake

26 February 2026

Kenya’s state-owned oil transport firm, Kenya Pipeline Company (KPC), has attracted strong demand in its initial public offering (IPO), the lead transaction adviser said on February 25, countering reports of investor apathy

Nigeria seeks global funding to connect 5mn homes to LPG by 2030

26 February 2026

Nigeria is seeking international financing to expand liquefied petroleum gas (LPG) access to five million households by 2030 as part of a broader clean cooking and energy reform drive

Africa–Venezuela energy cooperation strengthened through high-level AEC visit

25 February 2026

A delegation from the African Energy Chamber (AEC) has visited Venezuela to advance a structured cooperation programme in the hydrocarbon sector and establish technical training partnerships.

Nigeria's NNPCL visits Dangote Refinery to renew strategic alliance

25 February 2026

The Nigerian National Petroleum Co. Ltd. (NNPCL) and 650,000 barrel per day (bpd) Dangote Refinery have agreed to work together to improve energy security, drive economic prosperity, and grow domestic refining capacity.

French engineering group Technip Energies wins Coral Norte FLNG contract offshore Mozambique

25 February 2026

Technip Energies NV (EPA:TE) has secured a contract from Mozambique Rovuma Venture (MRV) to advance the Coral Norte floating liquefied natural gas (FLNG) project, marking progress on the country’s second such development.

Gabon and Côte d’Ivoire drive Vaalco growth with new oil output and project stake

25 February 2026

Vaalco Energy is expanding its West African footprint with new production in Gabon and operatorship of a major offshore project in Côte d’Ivoire, supporting future output growth.

Kenya raises $824mn from pipeline operator IPO as Uganda takes strategic 20.15% stake

25 February 2026

Kenya Pipeline Company's (KPC) inital public offering has raised $824mn, with Uganda taking a 20.15% stake and securing veto rights over senior management decisions.

Petrobel brings new oil well into production in Egypt’s Sinai

25 February 2026

Petrobel, a joint venture between the state-owned Egyptian General Petroleum Corporation (EGPC) and Italian oil major Eni, has brought the Balaim Offshore 133 well into production in the Sinai fields

Egypt accelerates upstream, LNG and renewables drive under 2026 energy strategy

24 February 2026

Following recent gas supply shortages, Egypt is accelerating exploration, expanding LNG capacity, upgrading infrastructure and increasing renewable energy to rebuild surplus production and strengthen its role as a regional energy hub.

Egyptian oil firm GUPCO invests $516mn in exploration and infrastructure upgrades

24 February 2026

Egyptian Gulf of Suez Petroleum Company (GUPCO) plans to invest $516.5mn during FY 2026/27 in exploration, development activities and operating expenditure, alongside key infrastructure upgrades

Nigeria’s Tinubu defends executive order on oil revenues as constitutional safeguard

24 February 2026

Nigeria’s presidency has defended Executive Order 9 (EO9) as a constitutional measure to protect federation oil and gas revenues

Gulf Energy secures UAE rig as Kenya’s Lokichar oil project targets first production

24 February 2026

Gulf Energy, the Kenyan oil company that took over the Turkana oil project last year, has leased a $15mn oil rig from the United Arab Emirates to drill wells in the South Lokichar Basin

Egyptian General Petroleum plans to drill 66 wells with $167.5mn investment in 2026/27

24 February 2026

Egypt’s General Petroleum Company (EGPC) plans to drill 66 wells, including 8 exploratory wells, with a total investment exceeding EGP 8bn ($167.5mn) as part of its strategy for FY 2026/27

Mozambique's government says sovereign wealth fund will make economy more resilient

24 February 2026

Mozambique’s natural gas-backed sovereign wealth fund has accumulated about $116.8mn as of February 10, following initial deposits made late in 2025.

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Edited by

Jennifer deLay

Editor

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