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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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Egypt confirms new Gulf of Suez oil discovery with initial 3,000bpd flow estimate
Egypt has announced a new oil discovery in the Gulf of Suez, made by the Gulf of Suez Petroleum Company (GUPCO), a long-standing JV between the Egyptian General Petroleum Corporation (EGPC) and Dragon Oil, the upstream arm of Dubai-based ENOC.
Ghana advances talks to acquire Springfield’s WCTP2 stake to unlock stalled deepwater development
Ghana is holding advanced talks to acquire Springfield Exploration and Production’s stake in the West Cape Three Points Block 2 (WCTP2), one of the country’s most prized undeveloped deepwater assets, officials said.
ExxonMobil lifts force majeure on $30bn Rovuma LNG in Mozambique as security outlook improves
ExxonMobil has lifted force majeure on Mozambique’s Rovuma LNG project after improvements in Cabo Delgado’s security environment, allowing partners Eni, TotalEnergies and CNPC to resume work.
High Court blocks South Sudan oil sale in BB Energy debt dispute
London-based commodity trader BB Energy has secured an emergency injunction in the High Court in London to stop South Sudan from selling an oil cargo worth more than $20mn, as the group seeks repayment of a $100mn loan.
Drone attacks on Sudan processing facilities interrupt South Sudan’s crude exports
Crude oil production and exports were temporarily halted in parts of Sudan and South Sudan last week after drone strikes on two separate processing facilities in Sudan.
German NGO ECCHR sues French major TotalEnergies for alleged involvement in "war crimes" in Mozambique
The European Centre for Constitutional and Human Rights (ECCHR) has filed a criminal complaint in France against energy multinational, TotalEnergies, for alleged complicity in “war crimes, torture and enforced disappearance” in Mozambique.
PETAN, oil majors commit to Nigeria’s 1mn bpd additional output drive
The Petroleum Technology Association of Nigeria (PETAN), together with major international oil companies Shell, TotalEnergies and ExxonMobil, has declared full support for Nigeria’s drive to boost crude oil production.
South Sudan seeks $2.5bn in oil-backed loans as fiscal and political pressures converge
Ghana seeks global investor confidence with new oil push amid six-year production slump
Ghana has pledged to arrest its prolonged decline in oil output, unveiling more than $3.5bn in fresh investment commitments as the national oil company prepares to begin offshore drilling in 2026.
Chinese Sinopec secures $450mn contract to expand Algeria’s Arzew refinery
Algeria’s state-owned energy company Sonatrach has signed a contract with China’s Sinopec Guangzhou Engineering to build a catalytic reforming unit for heavy naphtha at the Arzew refinery in Oran Province, western Algeria
Egypt’s imports of US LNG surge to 57.3 bcf in August
Egypt has purchased around 57.3bn cubic feet (bcf) of US liquefied natural gas (LNG) in August. The volume represents 13% of total US LNG exports for the month
Nigerian independent Emadeb starts commercial output at Ibom field in PPL 236
Emadeb Petroleum Exploration and Production Company has begun commercial crude output at the offshore Ibom field in PPL 236, marking a rare new project operated by a Nigerian company as the country works to lift production towards its OPEC allocation
South Africa: G20 African Energy Investment Forum to drive energy sector innovation
The G20 African Energy Investment Forum, organised by the African Energy Chamber (AEC), is taking place on November 21 in Johannesburg, South Africa.
Eni plans to build $180mn gas processing plant in Egypt’s Meleiha concession
Italian energy major Eni plans to build a new $180mn gas processing plant at its onshore Meleiha concession in Egypt’s Western Desert, with a production capacity of 100mn cubic feet per day,
Turkey’s LPG imports rise 16% y/y in Sept
Turkey’s liquefied petroleum gas (LPG) imports moved up by 16.4% y/y to 286,885 tonnes in September, according to the LPG Market Sector Report published by the Energy Market Regulatory Authority (EPDK).
EXPLAINER: Lukoil scrambles to sell its international operations
Time is running short for Russia’s second-biggest oil producer to divest its vast international business, after it was hit with US sanctions that will soon render its assets outside Russia effectively inoperable.
Egypt moves to attract energy investors as El-Sisi expands sector incentives
President Abdel Fattah El-Sisi directed the government to provide additional incentives and facilitations for investors in the petroleum, gas and mining sectors in a bid to support the energy sector
VAALCO Energy reports progress across African portfolio in Q3 2025 update
In a press release on November 10, VAALCO Energy reported steady operational gains across its varied upstream assets in the third quarter of 2025.
Meren Energy posts stronger Q3 results, maintains dividend as Nigeria and Namibia projects advance
Meren Energy Inc (TSX:MER) reported stronger Q3 2025 earnings, expanded RBL debt reduction and a fourth quarterly dividend as it advanced drilling plans in Nigeria and progressed its indirect 3.8% interest in Namibia.
Egypt extends Gulf of Suez and Nile Delta gas concession for Eni until 2040
Egypt’s General Petroleum Authority signed an agreement with Italian energy major Eni, represented by its subsidiary Eni North Africa Oil Company (AIOC), extending the Gulf of Suez and Nile Delta concession until 2040,
Nigeria launching equity fund to boost local oil & gas firms in shift to long-term energy sector investment
The Nigerian Content Equity Fund (NCEF), a new investment vehicle to provide long-term capital for indigenous oil and gas firms, will be managed by the Bank of Industry.
New oil palm roadmap targets $1.6bn boost for Nigeria
Nigeria has introduced a policy roadmap for its oil palm sector that aims to unlock about NGN2.3 trillion ($1.6bn) in value through climate-smart and smallholder-centred growth while preventing deforestation.
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