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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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Kenya weighs Gulf Energy’s rail plan as alternative to costly Lokichar pipeline
Gulf Energy has proposed that the Kenyan government extend the metre-gauge railway (MGR) to Lokichar in Turkana County by 2030 to move crude to Mombasa, contrary to the State’s preference for an export pipeline.
Ghanaian energy firm set for offshore Guyana oil deal
Ghanaian-owned Cybele Energy Ltd is poised to enter the international oil arena with an agreement to explore for hydrocarbons in Guyana’s shallow waters, Guyana’s natural resources minister said.
Egypt plans to launch $5.4bn LNG tender for 2026 supply
The Egyptian government is preparing to launch a global tender in March 2026 to import around 100 shipments of Liquefied Natural Gas (LNG) throughout the year, with an initial estimated value of $5.4bn.
Shell and Petronas seek 20% gas price increase for Egypt’s West Delta marine phase
UK energy major Shell and Malaysia's national oil and gas company Petronas asked the Egyptian Natural Gas Holding Company (EGAS) to raise the gas price for the upcoming Phase 12 development of the West Delta Deep Marine fields by 20%
Nigeria’s NNPCL repays $3bn loan with $1.3bn worth of crude under Project Gazelle
Nigerian National Petroleum Company Limited (NNPCL) repaid part of its $3bn loan from the African Export-Import Bank in 2024 through the delivery of NGN991bn ($1.3bn) worth of crude oil under a forward sale arrangement
Nigeria’s CNG sector attracts $2bn investment, targets $5bn by 2027
Nigeria’s compressed natural gas (CNG) sector has attracted $2bn in private investment within two years, with the government targeting $5bn by 2027 and projecting large-scale job creation across the industry
Canadian group Eco Atlantic inks deal for Navitas Petroleum to acquire 47.5% interest in its South African oil block
Cairn Petroleum secures $30mn oil exploration deal in Egypt's Gulf of Suez
The Egyptian General Petroleum Corporation (EGPC) has signed a new agreement for oil exploration and production in the Gulf of Suez, with investments worth $30mn
Canadian group ReconAfrica discovers hydrocarbons in Namibia
Reconnaissance Energy Africa has announced a hydrocarbon discovery at its onshore petroleum exploration licence 73 in Namibia.
South Africa's Sasol inaugurates $1bn gas processing plant in Mozambique
Mozambique has launched its first liquefied petroleum gas (LPG) production facility, which is expected to reduce imports of the product by 75%.
TotalEnergies clarifies financing changes for Mozambique LNG project after UK, Dutch agencies withdraw
TotalEnergies has issued a statement with a clarification on the financing of the Mozambique liquefied natural gas (LNG) project.
Africa-focused Meren Energy launches new $35mn share buy-back approved by TSX
Meren Energy has secured TSX approval for a new $35mn normal course issuer bid authorising repurchases of up to 21.64mn shares across the TSX, Nasdaq Stockholm and Canadian trading systems from December 2025 to December 2026.
Nigeria to host new Africa-wide petroleum regulators forum amid push for harmonised standards
Africa’s petroleum regulators have unanimously selected Nigeria as the headquarters of AFRIPERF and elected NUPRC chief executive Gbenga Komolafe as chair.
Egypt’s EGAS plans to export four LNG cargoes in December
Egyptian Natural Gas Holding Company (EGAS) is preparing to export four liquefied natural gas (LNG) cargoes in December 2025, with total volumes of around 550,000 cubic metres. Revenue from sales will be directed toward settling part of the arrears
Libya to launch bid for 22 oil blocks, largest round in 18 years
Libya plans to launch a historic oil exploration bidding round covering 22 blocks (11 offshore and 11 onshore) in the country’s largest initiative of its kind since 2007
Eni starts Phase 2 of Congo LNG project ahead of schedule with new FLNG capacity
Eni has begun Phase 2 of its Congo LNG project ahead of schedule, bringing the Nguya FLNG unit online and lifting combined capacity with the Tango FLNG to about 1.4mn t/yr.
TotalEnergies reportedly leading bidder for 40% stake in Galp’s Mopane discovery offshore Namibia
TotalEnergies is the top bidder for a 40% stake in Galp Energia’s Mopane discovery offshore Namibia, Bloomberg reports. Galp expects to finalise a partner this yer, with UBS valuing the stake at about €200mn plus roughly €3bn in carried costs.
ABL and Egypt’s PMS launch integrated rig-moving service for Red Sea and Gulf of Suez
Global marine and energy consultancy ABL and Egypt’s Petroleum Marine Services Co. (PMS) have announced an integrated rig-moving service for offshore operators in the Red Sea and Gulf of Suez.
Sam Nwanze of Nigeria’s Heirs Energies named CFO of the Year at All Africa Business Leaders Award
Samuel O. Nwanze, Chief Financial Officer (CFO) of Heirs Energies, one of Africa’s fastest-growing indigenous integrated energy companies, has been named CFO of the Year at the All Africa Business Leaders Award.
Nigeria opens bidding for 50 oil blocks as government targets $10bn in investment
Nigeria has opened its 2025 oil licensing round, offering 50 blocks as the federal government targets $10bn in new investments and seeks to raise daily output by 400,000 barrels.
Nigeria launches $100mn equity scheme to boost local oil firms
Nigeria has launched a $100mn equity investment scheme to strengthen indigenous oil and gas service companies and expand local participation in the sector
African Energy Chamber condemns UK's withdrawal of funding for Mozambique LNG project
The African Energy Chamber (AEC) has strongly criticised the UK government’s decision to withdraw financial support from the Mozambique liquefied natural gas (LNG) project.
Libya and Algeria eye expanding technical energy cooperation in refinery, pipeline and solar projects
Libya’s Ministry of Oil and Gas and Algeria’s Sonatrach are looking to collaborate on refinery-rehabilitation studies, pipeline options, solar-energy projects and laboratory research.
Perenco completes 12-well drilling campaign at Chad’s Badila field as output rises above 18,000bpd
Perenco’s subsidiary PetroChad Mangara has completed a 12-well drilling campaign at the Badila field in southern Chad, lifting combined output from the Badila and Mangara fields above 18,000bpd.
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