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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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Angola eyes 60 oil and gas concessions by year-end, ANPG says
Angola plans to award up to 10 more oil and gas concessions in 2025, the National Oil, Gas & Biofuels Agency said. The licensing drive, backed by fiscal reforms and $70bn in projected upstream spending, aims to reverse years of declining output.
Renaissance seeks partners to expand Nigeria operations after $1.3bn Shell asset takeover
Renaissance Africa Energy, a Nigerian-led consortium, is seeking partners to expand its upstream operations, with a goal to more than double oil and gas output by 2030.
Italian energy major Eni resumes offshore drilling in Libya after five-year hiatus
Italian energy major Eni has resumed offshore drilling operations in Libya’s northwest region, marking the company's return after a five-year pause.
QatarEnergy acquires 27% stake in Egypt’s North Cleopatra offshore area
QatarEnergy has signed an agreement with international oil supermajor Shell to acquire a 27% participating interest in the North Cleopatra offshore area, located in Egypt’s territorial waters of the Mediterranean Sea.
New company launched for Nigeria–Morocco gas pipeline
The Nigeria–Morocco Gas Pipeline has neared the execution phase with the establishment of a dedicated project company to oversee financing and delivery of the $25bn line spanning nearly 6,000 km across West Africa
Egypt and UAE’s Emirate of Fujairah sign three key oil and gas agreements
Egypt and the UAE’s Emirate of Fujairah have signed three main agreements to boost cooperation in the oil and gas sector
AAAS Energy, ChillMine Corp agree to build Botswana data centre campus
A Netherlands-based energy developer, AAAS Energy (AAAS), and an American data centre provider, ChillMine Corp. (ChillMine), have signed a memorandum of understanding (MoU) to jointly develop a new data centre campus in Botswana.
Tanzania pushes for $42bn LNG deal with Shell, Equinor by end-2025 after decades of delays
Tanzania is pressing ahead with plans to conclude a $42bn LNG deal by end-2025, targeting output of up to 10mn tonnes annually, drawing on offshore reserves operated by Shell (UK, Blocks 1 & 4) and Equinor (Norway, Block 2).
Kenya’s National Assembly clears sale of 65% stake in pipeline company KPC
Kenyan lawmakers have approved the government’s plan to sell a controlling stake in the Kenya Pipeline Company (KPC), adopting a sessional paper and clearing the final parliamentary hurdle for the sale,
Botala Energy posts wider loss, sets 2027/28 target for first gas in Botswana
Botala Energy reported a wider annual loss as it develops the Serowe coal bed methane project in Botswana. The company secured a mining licence, raised fresh capital, and signed an LNG offtake deal, targeting first gas supply by 2027/28.
Italy’s energy major Eni announces FID for Mozambique’s Coral North FLNG project
Italian energy major Eni and its partners have reached the Final Investment Decision (FID) to develop the Coral North (Coral Norte) floating liquefied natural gas (FLNG) project, in a deepwater area offshore Cabo Delgado in northern Mozambique.
Strike at Dangote cuts Nigeria’s oil output by 16% amid energy strain
A nationwide strike by Nigeria’s senior oil union over mass layoffs at Dangote Refinery reduced oil output by 16%
Tlou Energy posts $4.8mn loss, nears first revenues as Lesedi power project in Botswana advances
Tlou Energy reported a $4.8mn loss in its 2025 annual report but highlighted major progress at its Lesedi project in Botswana, including near-complete transmission and substation works.
Ethiopia contracts China’s GCL to build $2.5bn refinery in Somali region
Sovereign wealth fund Ethiopian Investment Holdings (EIH) will co-develop the $2.5bn oil refinery with China’s Golden Concord Group (GCL)
Rhino Resources announces gas condensate discovery at Volans-1X well in Namibia’s Orange Basin
Independent oil and gas exploration and production (E&P) company Rhino Resources has announced a significant gas condensate discovery at the Volans-1X well on Block 2914A in Namibia’s Orange Basin.
LNG-fuelled 7,800-TEU containership berths at Nigeria’s Apapa in milestone for cleaner trade
Gold Star Line’s 7,800-TEU LNG-powered vessel MV Sapphire has berthed at APM Terminals Apapa, marking the largest gas-fuelled containership to call in Nigeria and signalling Lagos Port’s move toward lower-emission operations
Nigeria's PENGASSAN suspends strike after Dangote talks, but warns of renewed action
PENGASSAN has suspended a nationwide strike after government-led negotiations with Dangote Petroleum Refinery, while warning it could resume industrial action without notice if commitments are not honoured
Somalia to launch first oil drilling campaign within months, after decades of sporadic exploration, says president
Somalia’s President Hassan Sheikh Mohamud has announced the country’s first-ever oil drilling campaign will begin within months.
TAY Oil-Polaris venture contracts technology provider STRYDE for Libya onshore seismic survey
Libyan firm TAY Oil Services and UK-based Polaris Natural Resource Development Ltd have contracted global provider of onshore seismic solutions STRYDE to supply its seismic node technology for an oil and gas exploration survey in Libya.
Nigeria losing billions to oil theft and wastage, engineers warn
Nigeria is losing billions of dollars to crude oil theft, vandalism and wastage, with engineers calling for immediate digitisation of production and monitoring systems alongside stricter enforcement
UAE energy firm Dragon Oil wins North July oil field bid in Egypt
Dubai government-owned energy company Dragon Oil has secured the concession for Egypt’s North July offshore oil field, located northeast of the Gulf of Suez.
South Africa oil and gas exploration projects worth $1.6bn halted by court rulings
According to South Africa’s Minister of Mineral Resources and Petroleum Gwede Mantashe, the country’s upstream petroleum industry has over the years faced multiple challenges from the anti-oil and gas NGOs.
Afentra eyes Angola output jump to 15,000 bpd with KON4 licence expected within months, CEO says
CEO Paul McDade told Bloomberg the mature assets-focused producer expects to secure a licence for block KON4 in the Kwanza basin, positioning it among independents expanding in Angola as majors retreat.
Equatorial Guinea, Chevron sign $690mn gas agreement for Aseng field
Equatorial Guinea has signed a $690mn agreement with Chevron to develop the Aseng Gas Project in Block I, aiming to secure feedstock for the Punta Europa LNG hub and advance the Gas Mega Hub initiative.
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