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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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.

Germany strikes gas pipeline deal with Algeria

8 February 2024

German energy utility VNG has signed the country’s first pipeline gas deal with Algeria, with the latter’s state-owned oil and gas company Sonatrach.

NNPCL partners with US, Deloitte to achieve net-zero targets

8 February 2024

The Nigerian National Petroleum Company (NNPC) Ltd. has stated that it will be working with the US Department of State and international management consultancy firm Deloitte in a bid to achieve net-zero carbon targets.

Oil India plans to return to Libya to explore two new blocks

7 February 2024

Oil India has expressed renewed interest in returning to operate in Libya and it is currently in talks with the Libyan National Oil Corporation to explore two new blocks in the North African country

Moody’s expects Red Sea disruptions to cause oil price volatility

6 February 2024

Ongoing tensions in the Red Sea may lead to volatility of oil prices amid trade disruptions in the area and elevated shipping, insurance and freight costs.

Predator Oil & Gas secures extension rig contract for MOU-5 well drilling

6 February 2024

Predator Oil & Gas, a London-listed company with near-term gas operations focused on Morocco, signed an extension rig contract that will allow drilling of the proposed MOU-5 well between April and May this year.

Edited by

Jennifer deLay

Editor

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