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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Port Harcourt refinery to restart operations by the end of July

21 May 2024

Nigeria’s Port Harcourt refinery is anticipated to restart operations by the end of July following five years of repair work.

Africa Oil secures two farm-down deals in Orange Basin offshore Namibia

20 May 2024

Canadian oil and gas exploration company Africa Oil Corp. (Africa Oil) has secured two strategic farm-down transactions in the highly sought-after Orange Basin offshore Namibia.

South Sudan and Ethiopia eye oil and gas collaboration to boost economies

19 May 2024

South Sudan's Vice President for Infrastructure Cluster, Taban Deng Gai, has emphasised the critical need for his nation and Ethiopia to jointly invest in the oil and gas sector to fortify their economies.

Seplat inaugurates ANOH gas processing plant

19 May 2024

Seplat Energy has inaugurated the ANOH gas processing plant, a facility with the capacity to generate electricity for 5mn Nigerians.

Senegal making strides in advancing offshore oil and gas projects

18 May 2024

The Senegalese national oil company Petrosen has said it expects to see first production from the country’s inaugural offshore oil development in the coming days. The Sangomar deepwater oilfield will produce 100,000 bpd of crude oil.

Egypt Gas posts 48.1% y/y surge in net profit to $2.96mn in Q1

16 May 2024

Egypt Gas posted a 48.1% y/y rise in its net profit after tax in Q1 of the current year to EGP 138.966mn ($2.96mn), the private energy company said in a bourse filing on Thursday, May 16.

Sudanese authorities hasten pipeline repairs for South Sudan oil exports

16 May 2024

Sudan's Sovereign Council is mobilising efforts to mend ruptured pipelines crucial for transporting South Sudan's crude oil to global markets, a spokesperson for the council revealed on May 15.

Morocco to invest $7bn in energy projects over coming three years

16 May 2024

Moroccan Energy Minister Leila Benali has said the government plans to invest $7bn in the country’s energy network to add 9 GW to its installed capacity by 2027 to reach a total of 20 GW.

Border dispute affects Niger-Benin pipeline

15 May 2024

Benin has shut off all Nigerien oil exports following a border dispute with its neighbour.

Anticipation builds ahead of decisive OPEC+ meeting

15 May 2024

Speculation is rife as the group prepares to decide whether or not it should stick to the current 2.2mn bpd of cuts

Libya’s gas production drops, deficit threatens future export commitments to Europe

15 May 2024

Libyan gas production has been declining, indicating that the country could fail to meet domestic demand and export commitments by 2025, National Oil Corp (NOC) and other data reportedly show.

ExxonMobil completes drilling at Block 15 research well offshore Angola

15 May 2024

US-based energy major ExxonMobil has completed drilling operations at the Likembe – 01 research well offshore Angola, according to ANPG, the country's concessionaire and energy regulator.

Kinetiko Energy produces electricity from its South Africa onshore gas field

15 May 2024

ASX-listed company Kinetiko Energy (Kinetiko) has made history by becoming the first to generate electricity from locally-produced, onshore gas in South Africa.

Nigerian fuel subsidies will impact oil revenue in 2024 – IMF

14 May 2024

Nigeria’s decision to reinstate fuel subsidies is likely to drain around half of the country’s oil revenue in 2024, according to a statement released by the International Monetary Fund (IMF) on May 9.

Australian firm D3 Energy aims to explore for gas in South Africa after AIM listing, capital raise

14 May 2024

D3 Energy has listed on the ASX following an IPO that raised cash to be deployed in a helium and natural gas exploration project in South Africa.

Nigeria's NNPC E&P announces commencement of oil production in Akwa Ibom State

13 May 2024

NNPC Exploration and Production (NNPC E&P) and Natural Oilfield Services Ltd. (NOSL) have announced the commencement of oil production at Oil Mining Lease (OML) 13 in Akwa Ibom State, Nigeria.

Edited by

Jennifer deLay

Editor

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