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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TotalEnergies says Brulpadda, Luiperd fields hold more than 125 bcm of gas

20 February 2023

TotalEnergies (France) has said that Block 11B/12B offshore South Africa might contain as much as 4.5 trillion cubic feet (127.4bn cubic metres) of natural gas in recoverable resources.

Perenco takes FID on building LNG plant at Cap Lopez terminal in Gabon

20 February 2023

Perenco (UK/France) intends to build a natural gas liquefaction plant in Gabon as part of a wider effort to expand the capabilities of its Cap Lopez terminal.

Galp reportedly instructs Bank of America to arrange for sale of 10% stake in Rovuma LNG

17 February 2023

Portugal’s Galp is reportedly gearing up to drop a minority stake in the $30bn Rovuma LNG project from its African portfolio.

Energean plans to invest $350mn this year in Abu Qir concession, offshore Med

16 February 2023

London-headquartered oil and gas exploration and production firm Energean plans to invest $350mn this year in its Abu Qir concession in the offshore Mediterranean North of Alexandria, Bloomberg Asharq reported.

Bechtel and partners to establish unified power system for WDDM, ELNG in Egypt

14 February 2023

Bechtel has signed an agreement with Shell on building a unified electrical power system for the West Delta Deep Marine (WDDM) natural gas-processing plant and the Egyptian LNG (ELNG) plant in Idku.

Galp agrees to sell Angolan upstream assets to Somoil for $830mn

14 February 2023

Portugal’s Galp has arranged to sell its upstream assets in Angola to Sociedade Petrolífera Angolana (Somoil), a local company, for a total consideration of approximately $830mn.

IMF urges Nigeria to eliminate domestic gasoline subsidies

13 February 2023

The IMF is pressing Nigeria’s government to uphold its pledge to eliminate subsidies for domestic gasoline prices by the middle of this year, calling the current policy a drag on public finances.

Edited by

Jennifer deLay

Editor

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