AfrOil - Africa Oil & Gas

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Oil & Gas

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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.

 AfrOil is fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.

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West African waters become key destination for tankers involved in Russian oil transfers

14 July 2023

Africa’s western coastal zone has seen a significant uptick this year in illicit ship-to-ship (STS) transfers of crude oil from Russia.

Angola, DR Congo sign agreement on joint development of offshore Block 14

14 July 2023

Angola and the Democratic Republic of Congo (DRC) signed an agreement on joint development of Block 14 on July 13 in Kinshasa.

Egypt produces first domestically manufactured drilling rig

14 July 2023

State-owned Egyptian Drilling Company took delivery of the first made in Egypt onshore drilling rig manufactured by Egyptian Petroleum HH Rig Manufacturing in Ain Sokhna port at the mouth of the Gulf of Suez on the Red Sea.

No Tunisian hydrocarbon exploration drilling recorded in 2022 for first time since 1960

14 July 2023

No hydrocarbon exploration drilling was documented in Tunisia in 2022, the first year without drilling operations since 1960, the Tunisian Oil and Gas Association (ATPG) reported.

ExxonMobil's LNG project in Mozambique "on track" for approval in 2025, top executive says

12 July 2023

US supermajor ExxonMobil has commended Mozambique’s government for stabilising the security situation in a gas-rich region in the north of the country. This has encouraged the company and its partners in a planned LNG project there to consider FID.

Canada’s AOC to raise stake in Block 3B/4B offshore South Africa

12 July 2023

Canada’s Africa Oil Corp. (AOC) will increase its stake in Block 3B/4B, an offshore licence area in the South African section of the Orange basin, to 26.25%.

Chariot raises $15mn for onshore drilling operations in Morocco

12 July 2023

The London-listed and Africa-focused energy group Chariot said on Monday, July 10 that it had raised $15mn for its onshore drilling operation in Morocco, according to a statement on the London Stock Exchange.

Sonatrach, TotalEnergies sign $739mn gas production deal, Algeria

11 July 2023

Algeria’s Sonatrach and French firm TotalEnergies have signed contracts focused on boosting gas production under an existing agreement worth $740mn. The deals were signed by Sonatrach CEO Toufik Hakkar and his counterpart Patrick Pouyanne in Algiers.

South Sudan pushes deadline for raising oil output to 230,000 bpd back to 2026

11 July 2023

South Sudan has opted to push its deadline for increasing crude oil production to 230,000 barrels per day back to 2026, two years later than previously anticipated.

Nigeria aims to produce 1.7mn barrels per day by end of year

10 July 2023

Gabriel Tanimu Aduda, Permanent Secretary at Nigeria’s Ministry of Petroleum Resources, told Energy Intelligence at the OPEC+ seminar in Vienna last week that Nigeria is aiming to raise oil production to 1.7mn barrels per day by November 2023.

Edited by

Jennifer deLay

Editor

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