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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NNPC names four suppliers of contaminated gasoline

10 February 2022

Nigerian National Petroleum Corp. (NNPC) issued a statement on February 10 naming four of the companies that supplied the contaminated gasoline that is being blamed for recent shortages.

News out of Namibia

9 February 2022

Shell’s discovery at Graff-1 has inspired excitement about the potential of Namibia’s offshore zone.

The Gambia seeks bids for Block A1

9 February 2022

The Ministry of Petroleum and Energy of The Gambia has launched a new licensing round covering only one offshore site, known as Block A1.

Namibia to fast-track development of offshore oil discovery at Graff-1

9 February 2022

Early analysis of the exploratory drilling estimates that the Graff-1 well could net Namibia 250-300mn barrels of oil and gas.

Nigerian gasoline shortages attributed to fuel contamination

9 February 2022

Nigerian petroleum product distributors and other downstream stakeholders are attributing recent gasoline shortages to government efforts to keep contaminated fuel off the market.

AfrOil: NAMCOR confirms oil find at Graff-1

8 February 2022

Namibia’s national oil company has issued a statement confirming the discovery of light crude oil in Graff-1, an exploration well drilled at the deepwater PEL 39 block offshore Namibia.

IMF reiterates call for elimination of Nigerian gasoline subsidy

8 February 2022

The International Monetary Fund has once again urged Nigeria’s federal government to eliminate its long-standing subsidy for domestic gasoline prices.

Ghana transport operators to demand 30% fare hike

8 February 2022

This decision came after 16 member transport unions including Ghana Private Roads Transport Union (GPRTU), Concerned Drivers Association, among others met on Thursday February 3, 2022.

SEPCOL reports three Trinity Spirit FPSO crew members are alive

7 February 2022

Three crew members from the Trinity Spirit FPSO have been found alive, according to the vessel’s owner, Shebah Exploration and Production Co. Ltd (SEPCOL) of Nigeria.

Mozambique: Eni says Coral Sul FLNG installation proceeding on schedule

7 February 2022

The Italian major Eni has said that work on the Coral South LNG project offshore Mozambique is proceeding on schedule.

Global crude oil prices rise driving inflationary pressure in Kenya – EFG Hermes

7 February 2022

EFG Hermes Kenya Ltd expects Kenya to experience inflationary pressure in 2022 as a result of increase of global crude oil prices

NAMCOR confirms oil find at Graff-1

7 February 2022

Namibia’s national oil company has issued a statement confirming the discovery of light crude oil in Graff-1, an exploration well drilled at the deepwater PEL 39 block offshore Namibia.

Nigerian CEO calls for elimination of gasoline subsidy

7 February 2022

George Onafowokan, the CEO of Nigeria’s Coleman Wires and Cables, has said he believes that the elimination of the government’s long-standing gasoline subsidy is likely to have a positive long-term impact on the national oil and gas industry.

Afentra still in negotiations with Sonangol for two offshore blocks

7 February 2022

AIM-listed Afentra has reported that it is still in negotiations with Angola’s national oil company Sonangol on the acquisition of stakes in two offshore assets known as Block 3/05 and Block 23.

Sonatrach, DEPA extend LNG supply deal

7 February 2022

Algeria’s national oil company Sonatrach and Greece’s state-owned natural gas company DEPA confirmed on February 4 that they had extended their long-term LNG supply contract the day before.

Government seeks strategic investors for TOR – Public Enterprises Minister

4 February 2022

The strategic investor is expected to bring in the needed capital to revive the Refinery.

NUPRC says it is investigating FPSO explosion

4 February 2022

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced on February 3 that it had begun an investigation of the explosion that caused a FPSO to sink near Escravos.

Shell reportedly set to delay Bonga Southwest Aparo by another two years

3 February 2022

Sources at Nigerian National Petroleum Corp. (NNPC) and Shell (UK) have told S&P Global Platts that the start date for the Bonga Southwest Aparo project had been pushed back by another two years.

Edited by

Jennifer deLay

Editor

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