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.

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Nigeria approves deal with Portland Gas to build CNG conversion sites

27 November 2023

The Federal Government of Nigeria has announced a strategic partnership with Portland Gas to construct compressed natural gas (CNG) conversion sites across the country, Nairametrics has reported.

$20bn Dangote Petroleum Refinery to list on Nigerian Exchange

27 November 2023

Speaking to the Financial Times, Dangote revealed that the refinery would be floated on the NGX as a separate company, in what will be a significant development for the Nigerian bourse.

Angola set to remain in OPEC+ despite spat over quotas, official says

26 November 2023

Angola, Africa’s second-biggest crude producer, has no plans to leave the 23-nation OPEC+ coalition, an official said, following a wider dispute over output quotas that delayed the group’s meeting.

Shell faces legal showdown in London as Nigerian communities seek justice for alleged environmental damage

24 November 2023

The High Court in London has ruled that the Bille and Ogale communities can bring human rights claims against Shell. They assert that the energy giant failed to prevent or clean up contamination, leaving their lands chronically polluted.

Algeria agrees to extend LNG supplies to Turkey until 2027

24 November 2023

Algerian state oil and gas firm Sonatrach signed an agreement to extend gas supplies to Turkish state energy utility Botas for three years, Turkey’s energy minister Alparslan Bayraktar said.

Nigeria oil minister threatens licence revocation for inactive operators of marginal fields

23 November 2023

Speaking during a visit to Waltersmith Petroman’s modular refinery in Imo State, Senator Heineken Lokpobiri, the Minister of State for Oil, called out the companies that have been given licences but have not invested.

Nigeria and Argentina look to partner on natural gas exploration, production projects

23 November 2023

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is seeking a collaborative venture in natural gas exploration and production with Argentina, it has revealed.

Nigeria has lost 10mn litres of oil to pipeline vandalism, NNPCL head says of "national calamity”

22 November 2023

CEO of the Nigeria National Petroleum Company Ltd. (NNPCL) Mele Kyari expressed concerns over frequent vandalism taking place on Nigeria’s 5000km long oil pipeline network, saying the issue was a “national calamity.”

Tanzania commissions new Dar es Salaam oil storage facilities to quicken tanker offloading

22 November 2023

The Tanzania Ports Authority (TPA) is constructing two oil storage facilities at the Dar es Salaam Port with the capacity to store 362,500 tonnes in total as part of an effort to accelerate the offloading of tankers.

Shell Egypt announces gas discovery in the North East El-Amriya block

22 November 2023

Shell Egypt announced the discovery of a gas-bearing reservoir in the North East El-Amriya block, in the offshore Mediterranean Sea.

Libya's Erawin field starts exporting crude at 600,000 barrels

22 November 2023

Libya started exporting oil from the onshore Erawin field in the Murzuq basin on Tuesday, November 21, with a shipment of 600,000 barrels, according to the state energy utility NOC.

Golar’s FLNG vessel sets sail for BP’s Greater Tortue Ahmeyim project site offshore Senegal, Mauritania

21 November 2023

Marine infrastructure company Golar LNG’s converted floating LNG producer, Gimi, set sail from Singapore on November 18 for BP’s Greater Tortue Ahmeyim FLNG project offshore Mauritania and Senegal.

Nigeria considers reviving huge OPL 245 block

20 November 2023

Nigeria’s federal government is considering reviving Oil Prospecting Licence 245, one of Africa's richest oil blocks, in a bid to ramp up domestic oil production.

Libya’s NOC invites bidders for crude investments in Sirte, Murzuq and Ghadames basins

17 November 2023

Libya’s National Oil Corporation is preparing a licensing round – the country’s first in almost two decades – to develop gas fields in the Sirte, Murzuq and Ghadames basins. Libya is currently investing $17bn in oil-and-gas infrastructure.

Nigeria’s Seplat reveals plan for $250mn gas plant in Delta State

17 November 2023

Seplat has unveiled plans to invest $250mn in the construction of a state-of-the-art gas plant in Sapele, Delta State.

Edited by

Jennifer deLay

Editor

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