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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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NNPCL and TotalEnergies' Nigerian JV announces end of gas flaring across all assets
South Africa gas users scout for suppliers as flow from chemicals giant Sasol ceases in 2026
Libya’s Sharara oilfield resumes production at 260,000 bpd in few days, says Repsol
Libya’s Sharara oilfield is expected to reach around 76% of its full capacity or 260,000 bpd shortly, an indicator of a gradual recovery in the production of the main income-generating oilfield, according to a statement from the Spanish energy group.
Nigeria's Dangote oil refinery issues tender for first fuel cargo export
This is a significant milestone for the refinery, which was inaugurated in 2023. It began buying crude in December last year.
Shell seeks to extend lifespan of Bonga FPSO
The Bonga project, which commenced operations in November 2005, holds historical significance as Nigeria's inaugural deepwater development. Shell's proposal, if agreed by the government, would extend its operational tenure by another 15 years.
Pertamina teams up with ENI and Petronas to expand oil & gas exploration abroad
PT Pertamina Hulu Energi, a subsidiary of Indonesia's state-owned oil and gas giant Pertamina, is partnering with major players ENI and Petronas to explore potential oil and gas blocks in Africa and South America
BP, ADNOC form joint venture for natural gas exploration in Egypt
UK energy group BP and the UAE’s ADNOC have agreed to form a new joint venture in Egypt to focus on natural gas exploration and production resources.
Algeria’s Sonatrach to invest $442mn in energy projects in neighbouring countries
Algeria’s state-owned energy group Sonatrach plans to invest $442mn (€411.3mn) in energy projects in neighbouring countries, including Libya, Niger and Mali, the country’s energy minister Mohamed Arkab told El-Djeich Review magazine.
Egypt, Bulgaria sign MoUs for cooperation in defence, energy
Ethiopian Petroleum Supply Enterprise to build new $150mn oil depot amid rising demand
Tanzania doubles stake in French-operated Mnazi Bay gas project to 40%
The Tanzanian government has doubled its shareholding in the Mnazi Bay natural gas project in a deal worth $23.6mn in line with plans by the East African country to increase government participation in strategic projects.
TotalEnergies hopeful of construction restart of Mozambique LNG by summer
French oil supermajor TotalEnergies has revealed it is hopeful that its megaproject Mozambique LNG will be restarted by mid-2024.
Oil and gas companies to invest over $1 trillion in the next decade expanding production
A report from climate campaign group Global Witness reveals that the fossil fuel sector is anticipated to allocate more than $1 trillion worldwide over the next decade for the expansion of natural gas production.
AfrOil: India’s OIL eyes return to Libya
Egypt extends $120mn contract for Saudi ADES to develop three offshore platforms
The Egyptian General Petroleum Corporation (EGPC) has extended contracts with Saudi Advanced Energy System (ADES) for the construction of three offshore platforms worth a combined $120mn.
ExxonMobil to leave Equatorial Guinea
Tower Resources sees share price boost following Cameroon exploration licence extension
German gas utility VNG signs contract with Algeria’s Sonatrach
Germany strikes gas pipeline deal with Algeria
German energy utility VNG has signed the country’s first pipeline gas deal with Algeria, with the latter’s state-owned oil and gas company Sonatrach.
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