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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Mozambique's sovereign wealth fund to receive $33mn annual funding boost from gas projects

24 June 2024

Mozambique plans to transfer the equivalent of $32.9mn yearly on average to the country's sovereign wealth fund from liquefied natural gas (LNG) revenues until 2027.

TGS lands major data deal with Tanzania’s PURA ahead of deepwater licensing round

21 June 2024

Houston-based TGS has clinched a major deal with Tanzania’s Petroleum Upstream Regulatory Authority (PURA) to manage & licence seismic data from offshore the East African country, where a deepwater licensing round is due to be revealed in 2025.

Energean cashes in €883mn from Croatia, Egypt and Italy asset sale

21 June 2024

Energean will offload assets in Croatia, Egypt and Italy as part of a strategy to focus on core gas development projects.

Mozambique extends Matola Gas pipeline concession 15 years

20 June 2024

Mozambique has extended a pipeline concession held by the Matola Gas Company (MGC) for the transport of gas from the administrative post of Ressano Garcia, on the border with South Africa.

Niger halts oil exports through Benin

19 June 2024

Niger has shut off a 1,200-mile oil pipeline operated by the China National Petroleum Corp. used to transport crude through a port in Benin, according to comments made by Niger’s Oil Minister Mahaman Moustapha Barke Bako on June 13.

Sound Energy sells Moroccan assets for $45.2mn to Managem

19 June 2024

London-listed Sound Energy sold assets in Morocco for $45.2mn to Managem, Sound Energy said in a press release on Tuesday, June 18. The sale will have an effective date of January 1, 2022.

NNPCL signs agreement for deployment of FLNG facility

19 June 2024

The Nigerian National Petroleum Co. Ltd (NNPCL) and Bermuda-based Golar LNG have signed a project development agreement for the deployment of a floating liquefied natural gas facility in Nigeria.

Nigeria adds 17 deep offshore oil blocks to 2024 licensing round

19 June 2024

Nigeria has expanded the 2024 Licensing Round for oil fields by adding 17 new deep offshore oil blocks.

Nigeria's Dangote refinery delays gasoline deliveries

19 June 2024

Nigeria’s Dangote refinery has announced that it will be delaying the start of gasoline deliveries until July 15 – with Dangote Group CEO Aliko Dangote providing little insight into reasons for the decision.

Ethiopia discovers significant natural gas reserves, eyes production by next year

18 June 2024

Ethiopia has identified substantial natural gas reserves amounting to 21.3bn cubic meters in the Ogaden region, located in the country's southeast. This announcement was made by the Ethiopian Herald, a state-owned media outlet.

Edited by

Jennifer deLay

Editor

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