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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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Cameroon taps Ghana’s Sunon Asogli, China Energy for $312mn gas power plant
Cameroon has awarded Ghana’s Sunon Asogli Power and China Energy Engineering Corporation a contract to build a $312mn gas-fired power plant in the southwest city of Limbe, ending more than a decade of stalled negotiations with potential investors.
Ghana’s oil revenues surge despite falling output, watchdog says
Ghana’s petroleum revenues jumped nearly 28% in 2024 to hit $1.36bn, the second-highest annual take since commercial oil production began, despite a continued decline in crude output, an oversight body said.
Ghana and Nigeria eye energy swap to power West Africa
Ghana is in talks with Nigeria over a barter deal that would see West Africa’s biggest gas producer supply fuel in exchange for electricity, Energy and Green Transition Minister John Jinapor said.
Etu Energias accelerates growth in Angola with new assets, IPO plans and 80,000 bpd target
Angola’s integrated energy company Etu Energias is ramping up new onshore exploration and offshore development projects as it works towards its goal of lifting crude output to 80,000 barrels per day (bpd) by 2030.
South Africa imports bulk of its oil from Nigeria
South Africa is now importing more than 70% of its oil from Nigeria, and is also becoming an increasingly important distribution hub for the wider region, a diplomat from the continent's most industrialised country says.
Nigeria’s oil production rises to 1.71mn bpd in July
Nigeria’s oil production averaged 1.71mn barrels per day (bpd) in July, reflecting a 9.9% increase year on year and a 0.89% rise month on month
Tinubu urges Petrobras to return to Nigeria’s energy sector, seeks deeper Brazil ties
Nigerian President Bola Tinubu has called on Brazil’s state-owned oil company, Petrobras, to return to the West African country and contribute to unlocking its substantial gas reserves.
Nigeria’s crude pipeline and terminal receipts near 100% amid tightened security against oil theft
Nigeria’s state oil company chief says crude oil receipts at pipelines and export terminals are now “close to 100%,” a significant recovery from previous levels as low as 30% during a period of widespread theft in the Niger Delta.
Seadrill announces two drilling contracts for its JV with Sonangol offshore Angola
Seadrill Limited, a Bermuda-headquartered offshore drilling contractor, has announced that Sonadrill, its JV with Angola’s NOC Sonangol, has secured two new drilling contracts offshore Angola.
South Africa's Sasol reports 75% surge in free cash flow to $714mn in year to June 2025
Egypt receives new floating regasification unit amid limited domestic LNG output
Egypt has received the floating storage and regasification unit (FSRU) Energos Winter at Ain Sokhna port
Nigeria's NNPCL sets new November target date for AKK gas pipeline completion after delays
The NNPCL has set November 2025 for the mechanical completion of the Ajaokuta–Kaduna–Kano (AKK) gas pipeline, stating that the project is 86% finished and that additional subcontractors have been engaged to accelerate mainline works.
Shell set to secure rights to Egypt’s Rahmat offshore gas field
Global energy major Shell is close to securing the development licence for the Rahmat offshore natural gas field in the deep waters of the Mediterranean northeast of Egypt’s coast, a government official said.
India’s BPCL secures marketing rights as Mozambique LNG sets to resume construction
India’s state-run Bharat Petroleum Corporation Ltd has secured marketing rights from TotalEnergies’ long-delayed Mozambique LNG project.
Israel signs off on Leviathan expansion following Egypt deal
Following a major recent gas deal, Israel has signed off on a major expansion phase at its largest gas field
Turkey close to concluding gas exploration pact with eastern Libyan authority
Turkey is on the verge of securing a major energy exploration deal with Libya's eastern authorities in a major shift in regional geopolitics and a warming of relations between Ankara and the once-hostile camp led by military commander Khalifa Haftar.
Angola’s crude output falls below 1mn bpd amid investment drive and mature field decline
Angola’s oil output has fallen below one million barrels per day (bpd) for the first time since the southwestern African country left OPEC two years ago.
East African capital markets expect Kenya Pipeline Company listing to boost liquidity regionally
Nigeria’s NLNG signs 20-year gas deals to stabilise Bonny Island plant and boost exports
Nigeria LNG Limited (NLNG) has signed six long-term gas supply agreements totalling 1,290 million standard cubic feet per day (mmscf/d) to stabilise operations at its Bonny Island plant and expand liquefied natural gas (LNG) export capacity
Libya bets on multibillion-dollar gas project to develop industry
Libya is banking on a multibillion-dollar gas project to strengthen its global market position, alongside several other promising developments now underway.
Nigeria LNG signs handful of 20-year supply deals
Nigeria LNG (NLNG) has signed 20-year supply contracts with state-run Nigeria National Petroleum Company (NNPC), Shell, Oando Group, First E&P, and Aradel Holdings.
Tunisia’s oil production contracts 9% y/y in H1 2025, demand inches up
Tunisia’s crude oil output slipped 9% year-on-year (y/y) in H1 2025, totalling 629 kilotonnes (kt) by the end of June compared with 692 kt a year earlier
Senegal and Mauritania ramp up cooperation on Grand Tortue Ahmeyim gas project
Senegal and Mauritania are intensifying cooperation on the Grand Tortue Ahmeyim (GTA) gas project through high-level meetings aimed at accelerating development and enhancing regional energy integration.
South Africa’s energy regulator signs MoU with ports authority for sustainable energy cooperation
Transnet National Ports Authority (TNPA) and the National Energy Regulator of South Africa (NERSA) have signed a Memorandum of Understanding (MoU) to strengthen collaboration in promoting sustainable energy supply.
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