AfrOil - Africa Oil & Gas

AfrOil: Afentra sees acquisition of Angolan assets delayed until early 2023

AIM-listed Afentra said in a statement on December 14 that it did not expect to achieve its goal of finalising the acquisition of minority stakes in two blocks offshore Angola before the end of 2022.

Nigeria's president signs $49bn budget, defers Finance Bill due to conflict with Petroleum Industry Act

Algeria’s gas exports surge to 56 bcm, expected to double in 2023

South Africa: substantial decrease in petrol, diesel price brings relief to motorists in the new year

South Africa: substantial decrease in petrol, diesel price brings relief to motorists in the new year

Nigeria’s TUC criticises country’s inability to add value to oil production

Egypt launches new international tender for oil and gas exploration rights in Nile Delta and offshore Med

Eni to deploy, install second FLNG unit at Marine XII offshore ROC

Italy’s Eni has arranged to deploy and install a second floating LNG unit at the Marine XII block located offshore Republic of Congo.

Mozambique’s INP signs contracts with CNOOC, Eni for six offshore blocks

Mozambique’s National Petroleum Institute has signed contracts for six of the offshore blocks included in the country’s sixth licensing round with Italy's Eni and China's CNOOC.

Ghana rakes in $486.2mn from carbon sale pilot project

Scotland’s ADC Energy signs deal in West Africa

ADC Energy, a Scottish rig and vessel assurance company, has signed a new contract in West Africa amid an upturn in international drilling activity.

ASX-listed Tlou Energy raises $2mn for gas drilling at Lesedi Power project in Botswana

Libya’s NOC in talks with Spanish Repsol to resume oil activities

Production starts at Algeria’s Tinrhert gas field, announces Sonatrach

Nigeria's oil production rises following return of terminals

Nigeria's oil production begun to increase in recent months, with output reaching 1.186mn barrels per day in November, according to the Nigerian Upstream Petroleum Regulatory Commission.

Afentra sees acquisition of two blocks offshore Angola delayed until early 2023

AIM-listed Afentra does not expect to achieve its goal of finalising the acquisition of minority stakes in two blocks offshore Angola before the end of the year.

Tullow Oil acquires offshore block in Ivory Coast

Tullow Oil, a British multinational oil and gas exploration company, has signed a licence for a new offshore block in the Ivory Coast.

South African national development finance institutions PIC, IDC stand to lose over $580mn in Sunrise Energy LPG project

AfrOil: BW Energy preparing for 3D study of Kudu field

BW Energy (Norway) says it will conduct a 3D seismic survey of the Kudu natural gas field offshore Namibia in order to identify additional exploration targets and attract a new investment partner.

Chariot secures deal to cover long-term gas sales in Morocco’s Anchois project

Libya’s crude production reaches 1.2mn bpd, says oil minister

EACOP goes to court

The French civil court system has begun hearing lawsuit filed by six environmental groups against TotalEnergies over alleged violation of “Duty of Vigilance” law in Uganda and Tanzania.

Egypt plans to launch an international bid round for oil and gas exploration in Mediterranean and Western Desert

Algeria’s state energy group Sonatrach signs tech agreement with Honeywell

Morocco signs deal with Israel’s NewMed, Adarco for gas exploration in Boujdour

TNP, Forcados restarts bring Nigerian oil output up to 1.6mn bpd

Nigeria has reportedly boosted oil production to 1.6mn bpd due to the re-opening of the Forcados terminal and the partial resumption of shipments through the Trans-Niger Pipeline (TNP).