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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Libya’s Sharara oilfield resumes production at 260,000 bpd in few days, says Repsol

15 February 2024

Libya’s Sharara oilfield is expected to reach around 76% of its full capacity or 260,000 bpd shortly, an indicator of a gradual recovery in the production of the main income-generating oilfield, according to a statement from the Spanish energy group.

Nigeria's Dangote oil refinery issues tender for first fuel cargo export

15 February 2024

This is a significant milestone for the refinery, which was inaugurated in 2023. It began buying crude in December last year.

Shell seeks to extend lifespan of Bonga FPSO

15 February 2024

The Bonga project, which commenced operations in November 2005, holds historical significance as Nigeria's inaugural deepwater development. Shell's proposal, if agreed by the government, would extend its operational tenure by another 15 years.

Pertamina teams up with ENI and Petronas to expand oil & gas exploration abroad

15 February 2024

PT Pertamina Hulu Energi, a subsidiary of Indonesia's state-owned oil and gas giant Pertamina, is partnering with major players ENI and Petronas to explore potential oil and gas blocks in Africa and South America

BP, ADNOC form joint venture for natural gas exploration in Egypt

14 February 2024

UK energy group BP and the UAE’s ADNOC have agreed to form a new joint venture in Egypt to focus on natural gas exploration and production resources.

Algeria’s Sonatrach to invest $442mn in energy projects in neighbouring countries

14 February 2024

Algeria’s state-owned energy group Sonatrach plans to invest $442mn (€411.3mn) in energy projects in neighbouring countries, including Libya, Niger and Mali, the country’s energy minister Mohamed Arkab told El-Djeich Review magazine.

Tanzania doubles stake in French-operated Mnazi Bay gas project to 40%

13 February 2024

The Tanzanian government has doubled its shareholding in the Mnazi Bay natural gas project in a deal worth $23.6mn in line with plans by the East African country to increase government participation in strategic projects.

TotalEnergies hopeful of construction restart of Mozambique LNG by summer

12 February 2024

French oil supermajor TotalEnergies has revealed it is hopeful that its megaproject Mozambique LNG will be restarted by mid-2024.

Oil and gas companies to invest over $1 trillion in the next decade expanding production

12 February 2024

A report from climate campaign group Global Witness reveals that the fossil fuel sector is anticipated to allocate more than $1 trillion worldwide over the next decade for the expansion of natural gas production.

Egypt extends $120mn contract for Saudi ADES to develop three offshore platforms

9 February 2024

The Egyptian General Petroleum Corporation (EGPC) has extended contracts with Saudi Advanced Energy System (ADES) for the construction of three offshore platforms worth a combined $120mn.

Edited by

Jennifer deLay

Editor

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