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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Morocco: Chariot says FEED work on Anchois gas development project is complete

9 March 2023

Chariot has completed front-end engineering and design (FEED) work on the main components of its Anchois natural gas project offshore Morocco.

Ghana-based AGM relinquishes South Deepwater Tano block

8 March 2023

AGM Petroleum plans to relinquish its stake in the largest contract area in the South Deepwater Tano (SDWT) block in Ghana, a contract area of 3,500 sq km situated in ultra-deep waters, Daily Graphic reports.

Tanzania completes talks with Equinor and Shell on $30bn LNG project

7 March 2023

Tanzania has concluded negotiations on a $30bn LNG project with Equinor (Norway) and Shell (UK), creating an opportunity for launching the development of the country’s vast offshore natural gas resources after years of delay.

Predator Oil & Gas shares down 7.7% on Moroccan permit difficulties

7 March 2023

Bureaucracy and difficulties in finalising approvals from the Moroccan government to authorise the use of explosives pushed down the shares of Predator Oil & Gas on Tuesday, March 7.

Woodside Energy wins right to acquire 56% in PEL 87 offshore Namibia

7 March 2023

Australia’s Woodside Energy has secured an option to acquire a 56% participating interest in Petroleum Exploration Licence 87 (PEL 87) offshore Namibia from Sintana, a Canadian company.

Shell strikes oil again with Jonker-1X well offshore Namibia

6 March 2023

Shell (UK) has reportedly struck oil in Jonker-1X, a well drilled at the PEL 39 deepwater licence area in the Orange basin offshore Namibia.

ExxonMobil seeks approval for sale of Nigerian oil production operations

6 March 2023

ExxonMobil Corp. is seeking approval from the Nigerian government to proceed with the sale of its $1.2bn shallow water oil production operations in the West African country. Exxon announced its intention to sell these assets a year ago.

Diesel shortage looms in Nigeria despite planned Dangote Refinery opening, S&P warns

6 March 2023

Nigeria may experience a shortage of diesel supply in the short term, despite the upcoming opening of the new Dangote Refinery in Q4 2023, according to a report by S&P Global Commodity Insights.

Global energy sector emissions reach new high in 2022

5 March 2023

Global energy-related CO2 emissions reached a new record in 2022 of 36.8bn tonnes, inching up 0.9% from the previous year’s level, the International Energy Agency reported last week.

Kenya oil uncertainty hits Canadian firm’s $170.6mn assets

4 March 2023

Canadian oil and gas company Africa Oil has booked a non-cash impairment charge of $170.6mn on its Kenyan assets following uncertainties over oil production in the country, Daily Nation reported.

Saipem wins $400mn drilling contract offshore Ivory Coast

3 March 2023

The contract won by Saipem was awarded by a joint venture owned by Eni Côte d'Ivoire and the state-owned Petroci, which is currently active in several exploration blocks off the Ivorian coast.

Egypt’s petroleum ministry launches first international bid round for mature fields

3 March 2023

Egypt’s petroleum ministry launched through its portal the first international bid round to develop eight maturing oilfields in the Gulf of Suez and Eastern Desert regions.

Edited by

Jennifer deLay

Editor

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