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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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Libya recovers drilling vessel Misrata from Malta after decade of inactivity
Libya has successfully recovered the drilling vessel Misrata after more than a decade of inactivity. The vessel was officially received at Al-Shaab Port in Tripoli.
Africa-focused oil company Tullow Oil to resume drilling in Ghana after tax dispute resolution
ReconAfrica reports results of first Damara Fold exploration well on PEL73 in Namibia
Canadian oil and gas company, Reconnaissance Energy Africa, has announced the results of the Naingopo exploration well within the Damara Fold Belt on PEL73 onshore Namibia.
Canadian explorer ReconAfrica completes farm-down with BW Energy for PEL73 in Namibia
Africa-focused Canadian oil and gas explorer Reconnaissance Energy Africa has completed a farm-down agreement with Oslo-listed E&P firm BW Energy for PEL73 in Namibia.
TotalEnergies and Mozambique hold talks on stalled LNG project
TotalEnergies’ CEO Patrick Pouyanne and Mozambique’s President Daniel Chapo held talks on the long-delayed Mozambique LNG project during an energy conference on January 28.
Household gas cylinder shortage crisis intensifies in Tunisia despite Algerian support
Several Tunisian regions are still experiencing a shortage of household gas cylinders despite recent Algerian gas shipments. An Algerian shipment of 5,200 tonnes of LNG arrived at the port of Bizerte in Tunisia recently to help meet increased demand.
Libya’s NOC new head urges increasing oil productivity, improving transparency
The newly appointed chairman of Libya’s state oil utility the National Oil Corporation Masoud Suleiman said his two main priorities for the country’s oil sector are increasing oil production and improving transparency
Nigeria’s LNG exports drop 20% due to pipeline vandalism
Shell reportedly close to dispute resolution with South African Thebe Investment Corp over $1bn asset
Energy supermajor Shell and its South African partner, Thebe Investment Corporation, are nearing a valuation dispute resolution over Shell’s downstream operations in South Africa.
Algeria and Mauritania ink deal on oil exploration
Algerian state energy utility Sonatrach and Mauritania’s fuel company Société Mauritanienne daes Hydrocarbures signed a Memorandum of Understanding to enhance cooperation in oil exploration and production both onshore and offshore in Mauritania.
Ghana’s oil revenues hit $517mn in second half of 2024
Africa-focused Tullow Oil mulls non-core asset sales, aims to “refinance and simplify” debt
Warri, Port Harcourt set to boost Nigerian self-sufficiency
The Nigeria Extractive Industries Transparency Initiative (NEITI) released a statement on January 26 praising the newly commissioned 210,000 barrel per day Port Harcourt refinery and 150,000 bpd Warri refinery.
Nigeria to construct five mini-LNG plants
The Nigerian National Petroleum Co. Ltd (NNPCL) has approved plans to construct five mini-liquefied natural gas plants in Ajaokuta, Kogi State, with a groundbreaking ceremony set to take place on February 6.
South Africa: ACSA urges government to secure strategic jet fuel reserves amid ongoing refinery crisis
South Africa's state-run Airports Company South Africa (ACSA) has urged the government to establish a policy for maintaining strategic jet fuel reserves, particularly in light of the count.
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