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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.
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Wentworth Resources says new CPR confirms long-term potential of Tanzania gas project
BP, Shell put Sapref refinery on indefinite hold
BP (UK) and Shell (UK) have announced plans to suspend operations at the Sapref refinery indefinitely.
Fuel contamination concerns lead NNPC to turn two gasoline tankers away
NNPC has reportedly prevented two tankers that loaded up with gasoline in Antwerp from discharging in Lagos, citing concerns about the possibility that they might be carrying contaminated fuel.
Pouyanné says Mozambique LNG restart may take more than a year
Patrick Pouyanné, the CEO of TotalEnergies (France), has qualified his recent statements about the possibility that work on the Mozambique LNG project may resume before the end of this year.
Algeria’s Sonatrach signs deal for oil production in Niger
NCDMB begins training local oilfield service providers in offshore operations
The Nigerian Content Development and Monitoring Board (NCDMB) has launched a training programme for oilfield service providers (OSPs) seeking to expand their capacity to operate in the country’s offshore zone.
NNPC, Sahara Group subsidiary, Edo state build road to serve oil communities
Nigerian National Petroleum Corp. (NNPC) has teamed up with the administration of Edo state and a subsidiary of Sahara Group to build a 16.7-km section of road between Ikpako and Ajoki.
Invictus preparing to sign well services contract with Baker Hughes for Cabora Bassa
Australia’s Invictus Energy is gearing up to sign an integrated well services contract with Baker Hughes (US) related to its Cabora Bassa project in Zimbabwe.
Head of Nigerian fuel truck drivers’ union threatens nationwide strike
The head of the Petroleum Tanker Drivers (PTD) labour union in Nigeria has threatened to call a national strike unless the federal government commits to the rehabilitation of 21 critical roadways.
NNPC names four suppliers of contaminated gasoline
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
Shell’s discovery at Graff-1 has inspired excitement about the potential of Namibia’s offshore zone.
The Gambia seeks bids for Block A1
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
Early analysis of the exploratory drilling estimates that the Graff-1 well could net Namibia 250-300mn barrels of oil and gas.
Egypt’s WEPCO plans to invest $28mn in fiscal 2022/2023 to increase crude output by 120%
Nigerian gasoline shortages attributed to fuel contamination
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
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
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
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.
Ugandan minister holds talks with refinery developers
Ghana seeks investment for Tema refinery repairs
SEPCOL reports three Trinity Spirit FPSO crew members are alive
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
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
EFG Hermes Kenya Ltd expects Kenya to experience inflationary pressure in 2022 as a result of increase of global crude oil prices
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