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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Tullow expects to continue talks with OIL, ONGC Videsh on sale of stake in Kenyan blocks

2 August 2022

Tullow Oil (UK/Ireland) expects to continue discussions with two state-owned Indian companies on the proposed sale of its 50% stake in two blocks in Kenya’s South Lokichar basin in the near future.

BP, Eni complete formation of Azule Energy JV in Angola

2 August 2022

BP (UK) and Eni (Italy) have completed the process of establishing Azule Energy, a new joint venture that will combine both companies’ upstream, LNG and solar energy assets in Angola.

Ghana's parliament warns Eni-Springfield dispute could cost $7bn

2 August 2022

Ghana parliament urges government to do all it can to reach a peaceful settlement of Eni dispute

NGC makes FID on Angola’s first non-associated gas project

1 August 2022

Angola is set to proceed with its first non-associated gas development project, as members of the New Gas Consortium (NGC) have made a final investment decision (FID) on the Quiluma and Maboqueiro offshore fields.

Namibian court denies NGOs’ request for a freeze on oil exploration in Kavango basin

1 August 2022

The High Court of Namibia has ruled that Canada's Reconnaissance Africa (ReconAfrica) and its local partner NAMCOR may proceed with exploration work at PEL 73, a block in the Kavango basin.

AfrOil: Eni, Sonatrach strike oil in North Berkine basin

1 August 2022

Italy’s Eni and its Algerian partner Sonatrach have made a new hydrocarbon discovery in Rhourde Oulad Djemaa Ouest-1 (RODW-1), an exploration well drilled in the Berkine North basin.

Descalzi says Eni may use NFE’s Fast LNG modular solution to expand Coral South LNG

1 August 2022

Eni CEO Claudio Descalzi says his company may incorporate Fast LNG, a modular solution developed by US-based New Fortress Energy (NFE) for natural gas liquefaction, into the Coral South LNG project.

Eni raises reserve estimates for Baleine field offshore Côte d’Ivoire after production testing

29 July 2022

Italy’s Eni has increased reserve estimates for Baleine, a field located offshore Côte d’Ivoire, following the successful drilling and testing of Baleine East 1X, its first exploration well at Block CI-802.

Should Brazil copy Nigeria?

28 July 2022

The head of Nigeria’s NNPC Ltd is touting his company’s plans to distance itself from government policy on domestic petroleum product pricing, while Petrobras continues to set fuel prices and incur the state’s wrath.

Nigeria’s Excess Crude Account 'rainy day fund' evaporates

28 July 2022

Nigeria’s Excess Crude Account (ECA), a rainy day fund from oil revenue, has plunged to just $376,655.09 in June from $35.37mn in May, as the world economy goes through huge challenges.

Edited by

Jennifer deLay

Editor

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