AfrOil - Africa Oil & Gas

Category
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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Kenyan insurer withdraws from EACOP consortium, citing concerns about IFC criteria

30 November 2022

Nairobi-listed Britam Holdings has withdrawn from a consortium of East African insurers providing coverage for the EACOP oil pipeline and related upstream projects.

ExxonMobil said to be gearing up for exit from Equatorial Guinea

29 November 2022

ExxonMobil has reportedly started ramping down oil production at Block B, located offshore Equatorial Guinea, and aims to exit the country once its licence for the site expires in 2026.

Head of Sonangol comments on timeline for IPO

29 November 2022

Angola’s national oil company (NOC) Sonangol will only move ahead with an initial public offering (IPO) of 30% of its stock after meeting certain milestones over the next five years.

DMEA: Israel eyes new gas export route to Europe

29 November 2022

NewMed Energy (Israel) has indicated that it does not want Egypt’s LNG plants to be the sole export outlet for natural gas from the Leviathan field.

AfrOil: Eco Atlantic strikes out at Gazania-1

29 November 2022

UK-based Eco (Atlantic) Oil & Gas said it had not found any crude oil or natural gas in the Gazania-1 exploration well at Block 2B offshore South Africa in the Orange basin.

Ruvuma (Tanzania) PSA revised to facilitate faster gas development

29 November 2022

Shareholders in the Ruvuma licence area in southern Tanzania have revised their production-sharing agreement (PSA) with the aim of accelerating the development of their natural gas resources.

Eni, Rwanda sign four agreements on creation of energy transition hub

29 November 2022

Eni (Italy) said on November 24 that it had signed a package of four agreements with the government of Rwanda to facilitate the creation of an energy transition hub in that country.

Eco Atlantic reports disappointment at Gazania-1

27 November 2022

UK-based Eco (Atlantic) Oil & Gas has not found any crude oil or natural gas in the Gazania-1 exploration well drilled at Block 2B offshore South Africa.

Invictus deepens Mukuyu-1 exploration well to 3,923 metres

27 November 2022

Australia’s Invictus Energy had succeeded in bringing Mukuyu-1, its first exploration well at the SG 4571 licence area in Zimbabwe, to a measured depth of 3,923 metres.

Nigeria to drill for oil in north-east for first time

23 November 2022

Nigeria has started drilling in the country’s north-east for the first-ever time, following a decline in production in the south of the country.

AfrOil: Eni, CNOOC submit bids for six blocks offshore Mozambique

23 November 2022

Mozambique’s sixth licensing round has attracted a total of six bids, with Italy's Eni and China's CNOOC the only participants.

COP27: Africa lobbies to retain gas use despite pollution dangers

20 November 2022

African nations are lobbying to be allowed to use their natural gas reserves to lift up to 600mn people out of energy poverty and to connect them to modern electricity supplies.

Edited by

Jennifer deLay

Editor

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