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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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Eni says FPSO for Baleine project is sailing from Dubai to Côte d'Ivoire
Italy’s Eni has confirmed that the Firenze FPSO vessel is en route to Baleine, the largest hydrocarbon field ever discovered in Côte d'Ivoire’s offshore zone.
Zimbabwe: Invictus raises funds for Mukuyu-2 appraisal drilling, Phase 2 exploration
Invictus Energy (Australia) has successfully raised funds for the next phase of its appraisal drilling and exploration programme in Zimbabwe through a private share placement.
How quickly will work on Rovuma LNG resume?
TotalEnergies’ caution on Mozambique LNG may signal that ExxonMobil’s Rovuma LNG will remain on hold for a while.
Global gas flaring drops 3% in 2022
The global oil and gas industry managed to reduce gas flaring by 3% last year to 139 bcm, from 144 bcm in the previous year, the World Bank reported on March 29 in its new Global Gas Flaring Report (GGFR), despite oil output rising by 5% to 80mn bpd.
South Africa avoids green activists at home by relying on fossil-based energy from abroad, expert says
Nigeria falls short of OPEC quota for January and February
Nigeria, the biggest crude producer in Africa, did not meet its OPEC-assigned oil production quotas for January and February, analysis by THISDAY has revealed.
QatarEnergy signs deal with Shell for 40% stake in C-10 block offshore Mauritania
QatarEnergy has signed an agreement with Shell (UK) to acquire a 40% working interest in the C-10 block, located offshore Mauritania.
BW Energy completes DHIBM-3H well offshore well offshore Gabon
BW Energy has wrapped up drilling and completion operations at DHIBM-3H, the first production well for the Hibiscus Ruche Phase I development project at the Dussafu Marine block offshore Gabon.
BW Offshore extends contract for Espoir Ivorien FPSO again
BW Offshore will extend the term of current contract for the FPSO Espoir Ivorien unit anchored at the Espoir field offshore Côte d'Ivoire by three months in order to discuss purchase by the client.
Shell planning to continue aviation fueling operations in South Africa, unlike BP
Shell (UK) has said it intends to continue its jet fuel supply operations at airports in South Africa, in contrast to BP.
Libya’s NOC says crude production has reached 1.2mn bpd as of March 30
Libya’s National Oil Corporation said on Thursday, March 30 that its crude production had reached 1.2mn bpd. The utility’s Oil Budget Follow-up Committee reviewed the NOC plan which aims to raise production to 2mn bpd.
OPEC+ announces surprise output cut
OPEC and several of its partners in the OPEC+ group made a surprise announcement over the weekend, declaring that they would make a voluntary oil production cut of 1.15mn barrels per day, which will run until the end of the year.
Nigeria: Supplies of oil from Oza field help Edo modular refinery boost production
The Edo modular oil refinery in southern Nigeria has increased production by processing crude sourced from the Oza field.
Nigerian oil minister reported to have resigned
Timipre Sylva, Nigeria’s Minister of State for Petroleum Resources, is reported to have resigned his post, Argus Media said on March 31.
Namibia national oil company boss denies drug trafficking allegations following arrest
Algeria, France to resume gas exports talks as presidents meet in May
Algeria and France are expected to resume negotiations for supplying an additional Algerian share of gas to France when two presidents meet in Paris in early May.
Uganda oil pipeline firm says “good progress” made in the search for funding
The East African Crude Oil Pipeline, responsible for constructing the 1,443-km oil pipeline from Uganda's Lake Albert oilfields to the port of Tanga in Tanzania, has made good progress in the search for 60% debt financing to complete the duct.
Danish oil tanker hijacked by pirates off west coast of Africa
Danish oil company Monjasa has reported losing contact with one of its product tankers, the Monjasa Reformer, after the crew reported the vessel was being boarded by pirates in the waters off the west coast of Africa.
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