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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Sonangol awards Lobito project management deal to KBR

20 March 2024

US-based engineering company KBR announced in a March 14 press release that it had been awarded a project management contract by Sonagol for the design and construction of Angola’s planned 200,000 barrels per day (bpd) Lobito refinery in Benguela.

UTM offshore delays FID to second quarter for Nigeria’s first floating LNG project

20 March 2024

Nigeria’s UTM Offshore has again been forced to push back taking a final investment decision on the country's first floating LNG project.

Nigeria is largest importer of European refined petrol in Africa – S&P

19 March 2024

S&P Global Commodity Insights analysts have said that Nigeria has become Africa’s largest importer of European refined petrol as shipments from the continent to Africa increase.

BW Energy begins production at Hibiscus South field offshore Gabon

14 March 2024

BW Energy has commenced production from the Hibiscus South field in the Dussafu Licence offshore Gabon, just five months after its discovery in November 2023.

Oil-focused African Energy Bank to choose host nation in March, launch by end-June

14 March 2024

African Energy Bank expects to launch by June 30 after selecting a host nation this month and aims to raise an initial $5bn from African signatories, international financiers and MENA states, its head said in an interview.

Polish Oil and Gas resumes exploration activities in Libya

14 March 2024

The Polish Oil and Gas company will resume exploration activities in Libya’s Ghadames Basin from April following the lifting of the force majeure on the operations, it said following a meeting with state-oil utility the National Oil Corporation.

Eni’s Tango floating LNG project set to ship first cargo

14 March 2024

Italian energy firm Eni is slated to deliver its first LNG cargo this week from the company’s Tango floating LNG facility located in Congolese waters, according to shipping data.

US produced more oil in 2023 than any country for sixth consecutive year

14 March 2024

The US produced more oil than any country at any time for the past six years in a row, according to the US Energy Information Administration.

Second shipment of US WTI to arrive at Dangote Refinery in March

13 March 2024

A second batch of US West Texas Intermediate crude oil is set to arrive at Nigeria’s 650,000 barrel per day refinery on March 13, according to Kpler data.

Nigeria-focused San Leon Energy close to securing new funding following collapse of previous deal

13 March 2024

San Leon Energy, a key player in Nigeria's oil and gas sector, is close to a deal with two potential funding partners

Turkey-Somalia energy pact strengthens bilateral ties amid regional tensions

8 March 2024

Turkey and Somalia inked an energy exploration and drilling pact on March 7, bolstering their ties following a recent defence agreement. The deal aims to tap into Somalia's onshore and offshore hydrocarbon reserves estimated to reach 30bn barrels.

Edited by

Jennifer deLay

Editor

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