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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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Ghana’s GOIL targets West African bitumen market with new products
Kenya’s struggling National Oil Corp. holding public consultations on restructuring, rescue plan
Bowleven stock price tumbles as investors face dilution
Battle looms in Ghana's parliament over NOC's plan to take $620mn loan from Lukoil trading arm
Equinor reportedly looking to sell 20.2% stake in Agbami oilfield to Chappal Energies Mauritius
Norway’s Equinor has identified a little-known Mauritius-registered company as the preferred buyer of its stake in the Agbami deepwater oilfield offshore Nigeria.
Nigeria’s liquid hydrocarbon output 15% below target in 8M 2023
Nigeria’s crude oil and gas condensate output fell short of the official target by slightly more than 15% in the first eight months of 2023, NUPRC data show.
Nigeria's NCDMB, NNPCL sign MoU with oil companies to reduce contract cycle to under six months
Zambian road haulers say oil firms fail to comply with law on haulage contracts, sidelining locals
Shareholders in Block 2/05 offshore Angola spar over contract with SLB
The shareholders in Block 2/05, located offshore Angola, are at odds over the operator’s decision to sign a contract with US-based SLB.
Mozambique’s president says ExxonMobil is committed to Rovuma LNG project
Mozambique’s President Filipe Nyusi said on September 22 that the US super-major ExxonMobil had assured him of its commitment to moving forward with the Rovuma LNG project.
AfrOil: Dangote Refinery prepares to receive first cargo of crude oil
Nigerian watchdog SERAP urges President Tinubu to probe alleged disappearance of $15bn in oil funds
Dodsal Group ready to start gas drilling in Tanzania
ASX-listed gas explorer Kinetiko Energy acquires South African joint venture Afro Energy
Kinetiko Energy (Kinetiko), a Perth-based gas explorer and developer focussed on South Africa, has assumed 100% ownership of a joint venture that holds exploration rights to a highly prospective acreage in the African nation.
Invictus Energy starts drilling of Mukuyu-2 appraisal well at Cabora Bassa Project in Zimbabwe
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.
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