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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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No Tunisian hydrocarbon exploration drilling recorded in 2022 for first time since 1960
No hydrocarbon exploration drilling was documented in Tunisia in 2022, the first year without drilling operations since 1960, the Tunisian Oil and Gas Association (ATPG) reported.
Canadian oil & gas company ReconAfrica gets permit to drill 12 additional exploration wells in Namibia
ExxonMobil's LNG project in Mozambique "on track" for approval in 2025, top executive says
US supermajor ExxonMobil has commended Mozambique’s government for stabilising the security situation in a gas-rich region in the north of the country. This has encouraged the company and its partners in a planned LNG project there to consider FID.
Canada’s AOC to raise stake in Block 3B/4B offshore South Africa
Canada’s Africa Oil Corp. (AOC) will increase its stake in Block 3B/4B, an offshore licence area in the South African section of the Orange basin, to 26.25%.
Chariot raises $15mn for onshore drilling operations in Morocco
The London-listed and Africa-focused energy group Chariot said on Monday, July 10 that it had raised $15mn for its onshore drilling operation in Morocco, according to a statement on the London Stock Exchange.
Sonatrach, TotalEnergies sign $739mn gas production deal, Algeria
Algeria’s Sonatrach and French firm TotalEnergies have signed contracts focused on boosting gas production under an existing agreement worth $740mn. The deals were signed by Sonatrach CEO Toufik Hakkar and his counterpart Patrick Pouyanne in Algiers.
Paratus, Ceragon ally to provide 'best-in-class' offshore link in Angola, Mozambique and Namibia
South Sudan pushes deadline for raising oil output to 230,000 bpd back to 2026
South Sudan has opted to push its deadline for increasing crude oil production to 230,000 barrels per day back to 2026, two years later than previously anticipated.
Nigeria aims to produce 1.7mn barrels per day by end of year
Gabriel Tanimu Aduda, Permanent Secretary at Nigeria’s Ministry of Petroleum Resources, told Energy Intelligence at the OPEC+ seminar in Vienna last week that Nigeria is aiming to raise oil production to 1.7mn barrels per day by November 2023.
Mozambique to receive $61mn IMF loan
TotalEnergies signs $740mn worth of gas contracts in Algeria
Algeria's state oil group Sonatrach and French energy firm TotalEnergies signed $740mn worth of contracts on Sunday, July 9 related to LNG purchases, energy transition and enhancement of renewable energies projects.
Chad and Cameroon reach agreement, excluding Savannah Energy from international oil link
Shell-led consortium to develop 10th phase of West Delta Deep Marine concession in offshore Mediterranean
BG Delta, a subsidiary of Shell Egypt, and its partners, composed of two Egyptian state-owned energy companies and Malaysia's Petronas, signed an agreement to develop the 10th phase of the Nile Delta offshore West Delta Deep Marine (WDDM) concession.
ASX-listed Kinetiko Energy maintains fine run in South Africa gas exploration campaign
It said in a release on July 6 that it had completed drilling its third and fourth core holes in the ER272 permit near a large oil refinery, Secunda, with wireline logging results establishing significant sandstone gas intervals in both wells.
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