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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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Lukoil says it may take FID on Pecan field in Q4 2023
Lukoil, Russia’s largest privately owned oil company, may decide whether to move forward with work at the Pecan oilfield offshore Ghana in Q4 2023.
Lukoil says Marine XII offshore Congo to start producing LNG in December
Russia’s Lukoil says Marine XII, a licence area located offshore the Republic of Congo (ROC), is set to begin producing LNG before the end of the year.
Equatorial Guinea, Cameroon sign bilateral treaty on joint offshore oil and gas development
The governments of Equatorial Guinea and Cameroon have signed a bilateral treaty for the purpose of expanding cross-border oil and gas development.
Angola LNG cancels tender for upcoming cargo shipments
Angola LNG confirmed on March 22 that it had cancelled tenders for LNG cargoes scheduled for delivery in April because of problems on its production line.
AfrOil: DRC licensing round attracts green investor
Capacity utilisation rising at Nigeria LNG
NLNG has reportedly seen utilisation rates rise since the beginning of 2023, marking a partial recovery from the production issues it experienced in Q4 2022.
Angola’s ANPG hopes revised deals with ExxonMobil will draw investment to Namibe basin
ANPG, Angola’s upstream petroleum industry regulator, has signed addenda to agreements covering three offshore blocks in a bid to attract more investment to the Namibe basin.
Shell lifts force majeure on Nigeria's Bonny export terminal, boosting country's crude production
NFE concludes sale of 50% stake in Hilli Episeyo FLNG operating offshore Cameroon to Golar LNG
US-based New Fortress Energy (NFE) confirmed on March 15 that it had concluded the sale of its entire stake in the Hilli Episeyo, an FLNG vessel operating offshore Cameroon, per the terms of the deal it signed with Bermuda-registered Golar LNG.
Uganda and Algeria sign partnership for oil and gas projects
Uganda National Oil Co. (UNOC) and its Algerian counterpart Sonatrach have signed a memorandum of understanding for the development of oil and gas projects in Uganda.
Niger's president touts benefits of planned oil pipeline to Benin
Niger's President Mohamed Bazoum has said that a planned pipeline carrying crude from Niger's Agadem oilfield to the southern Benin port of Sèmè will provide numerous benefits to both countries.
Egypt and Germany activate green energy co-operation agreement
Egyptian Petroleum Minister Tarek El Molla and German Deputy Minister of Economic Affairs and Climate Action for Parliamentary Affairs Stefan Wenzel held the first meeting of Higher Committee for Energy Cooperation in Cairo.
DRC licensing round attracts green investor
US biodiversity fund EQX Biome seeks to convince Kinshasa that carbon credits are a better long-term investment proposition than oil exploration and development.
Uganda may seek Algerian help building oil refinery, signs bilateral agreements to boost economic ties
Libya’s big plans for 2024
NOC’s chairman says Libya will be ready to launch its first licensing round since 2007 next year.
Energean delivers first gas at North El Amriya and North Idku
UK-based independent oil and gas producer Energean, with a portfolio of Mediterranean fields, has announced that first gas has been delivered at its North El Amriya (NEA) and North Idku (NI) development, located in shallow water offshore Egypt.
Africa Oil Corp. issues new reserve estimate for Block 3B/4B offshore South Africa
Africa Oil Corp. (Canada) has issued a new reserve estimate for Block 3B/4B offshore South Africa in the Orange basin after an independent review of its competent person’s report by RISC Advisory (UK).
Energean starts gas production at NEA/NI fields offshore Egypt
UK-based Energean has announced the start of natural gas production at the North El Amriya and North Idku (NEA/NI) fields offshore Egypt.
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