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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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PetroNor resumes work on PNGF Sud infill drilling programme offshore ROC
Oslo-listed PetroNor has resumed work on an infill drilling programme at the PNGF Sud field complex offshore Republic of Congo (ROC) after a hiatus of six months.
Libyan oil sector searches for new investments
Libya's oil minister notes that IOCs are asking to revise terms during negotiations, focusing on brownfield assets.
London-listed Tullow Oil exploring all options for Espoir field in Ivory Coast
Tullow Oil is considering all options with respect to its interest in the Espoir field in the Ivory Coast, the London-listed multinational oil and gas exploration company has revealed.
Nigerian MP says government should have eliminated fuel subsidies in 2011
MP Chris Azubogu argues that Nigeria might not experience so much economic hardship as a result of President Tinubu’s move to eliminate domestic fuel subsidies if the government had taken action earlier.
Ardill: ExxonMobil keen to ramp up operations in Africa
ExxonMobil’s head of global exploration John Ardill told S&P Global in a recent interview that his company was determined ramp up its operations in Africa.
Libya’s NOC wins arbitration against Emirati firm
Libya’s National Oil Corp. (NOC) has won an arbitration against the UAE’s Trasta Energy, winning an appeal from a request filed in February 2022 to the Paris Court of Appeal.
Italy’s Eni signs deal for exploring green energy opportunities in Libya
Italy’s energy group Eni signed an initial agreement with the Libyan National Unity Government to initiate a study to develop sustainable energy projects and collaborate on reducing greenhouse gas emissions in the North African country.
South African natural gas producer Renergen set to clinch $500mn loan from US agency
Renergen, a South African natural gas and helium producer, has won approval from the United States International Development Finance Corporation (IDC) for a $500mn senior debt funding to advance its project in the African nation.
TotalEnergies contracts Expro Group for $30mn well intervention, integrity project at Tilenga in Uganda
Israel’s NewMed reveals partners’ development plan for Cyprus Aphrodite field
Israel’s NewMed Energy, formerly Delek Drilling, has announced that it, along with the partners in Cyprus’ offshore Aphrodite gas field, has submitted to the Cyprus government an updated development plan for the 4.4 tcf gas resource.
Nigeria Labour Congress suspends strike over fuel subsidy after court ruling, government meeting
Algerian firms invited to resume investment in Libya’s energy projects
Algerian oil firms have shown interest in resuming operations and promoting energy investment in Libya, the latter's Oil Minister Mohamed Aoun said in a statement following a meeting with his Algerian counterpart Mohamed Arkab over the weekend.
SDX Energy successfully renegotiates higher price for gas produced in Morocco
SDX Energy says it has successfully renegotiated a gas sales deal with Morocco's Hydrocarbons and Mines Office (ONHYM), securing a higher price for its production in the country.
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