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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.
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US Chevron plans to invest $3bn over two years to develop Nargis gas field in offshore Med
US oil and gas major Chevron plans to invest $3bn over two years starting in the first half (January-June) of 2024 to develop Egypt’s Nargis gas field in the offshore East Mediterranean, Bloomberg Asharq Business reported.
BG International sells 40% stake in Block 3 North East El-Amriya to KUFPEC
BG International, a subsidiary of Shell, signed a farm-out agreement with KUFPEC – Egypt Ltd (KEL), a subsidiary of KUFPEC, under which KEL will acquire a 40% stake in Block 3 NorthEast El-Amriya in the offshore Egyptian Mediterranean Sea.
Moroccan government eyes partner to develop gas, green hydrogen complex
Moroccan Energy Transition Minister Leila Benali said the government is currently planning to issue a tender to select a private partner to develop its gas network, infrastructure, utilities and green hydrogen facilities.
UK firm to assist Nigeria’s Innoson Oil & Gas with farm-out of Sierra Leone block
UK-based Tudor Hall Energy has agreed to work with Nigeria’s Innoson Oil & Gas to facilitate the sale of a stake in SL2020A, an exploration licence offshore Sierra Leone.
Dateline Energy Services to build 4,000-tonne LPG barge for Nigerian Navy
Dateline Energy Services (DES), a Nigerian oilfield services provider (OSP), has agreed to build an LPG barge for the Nigerian Navy in order to facilitate inland fuel deliveries.
South Africa's LPG wholesalers seek alternative sources after local supplier imposes surcharges
Nigeria signs deal with Femadec Energy for CNG
NNPCL announces management shakeup
Nigeria’s national oil company has initiated a shakeup in its management ranks by ordering some mandatory retirements and appointing several new executive vice presidents.
Global diesel shortage pushes prices over $1,000 per tonne
Oil refineries worldwide are grappling with challenges in meeting the demand for diesel, a crucial fuel that powers various sectors of the global economy, Bloomberg reported on September 19.
Kenya extend fuel import deal with Gulf majors
Dangote Refinery prepares for historic launch in October
Natural gas output of giant offshore Zohr field in Egypt declines by 11% y/y in FY2022/2023
Kenyan official stands by predictions of further increases in fuel prices
Kenya’s Trade and Investments Cabinet Secretary Moses Kuria says he stands by his earlier prediction that petroleum product prices are likely to continue rising through February 2024.
Nigerian Air Force touts success of air raids on illegal refining sites
Following the destruction of dozens of illegal refining sites over the last two months, the Nigerian Air Force is describing the air component of Operation Delta Safe, an initiative designed to curb crude oil theft, as successful.
AfrOil: Subtropical Storm Daniel shuts down four oil terminals in Libya
NNPCL, Indorama Eleme ink historic $18bn deal to transform Nigeria's gas utilisation industry
Independent consultants to scrutinise Tullow Oil crude plan for Kenya
Kenyan banks' dollar deal with oil marketers further weighs on beleaguered shilling
Eni expects North Africa to be Italy’s main source of gas for the next few years
Eni expects three North African countries to be Italy’s main suppliers of natural gas for the next few years.
BW Energy brings fourth development well on line for Hibiscus/Ruche Phase 1 project offshore Gabon
BW Energy has begun extracting oil from the fourth well drilled for the Hibiscus/Ruche Phase 1 development project at the Dussafu licence area offshore Gabon.
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