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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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Chariot, Vivo Energy to set up midstream gas venture in Morocco
Both firms will set up a jointly owned special purpose vehicle for the purchase, transportation and distribution of natural gas to end-users. The operations will include a long-term sales agreement to produce gas from the Anchois development project.
Libya’s NOC denies providing oil supplies to fighting rivals in Sudan
Libya’s National Oil Corporation denied reports that it has provided oil supplies to either of the two warring rivals in Sudan, the state-owned utility said in a statement on Monday, May 1.
Africa Oil Corp. increases exposure to Orange basin offshore Namibia
Canada’s Africa Oil Corp. (AOC) has increased its exposure to upstream operations in Namibia’s Orange basin by participating in a $95mn open offer by UK-based Impact Oil & Gas.
Repairs at Port Harcourt refinery in Nigeria reportedly running behind schedule
Nigeria’s Port Harcourt Refining Complex (PHRC) may not complete the first phase of its rehabilitation project until September at the earliest, four months later than originally anticipated.
South African energy giant Sasol in Mozambique gas find
The Mozambican unit of a South Africa-based energy multinational, Sasol Mozambique, has discovered natural gas in an onshore field south of the country, according to the National Petroleum Institute.
Nigeria puts plan for fuel subsidy elimination on hold until Buhari’s departure
Nigeria is suspending plans for eliminating the subsidy on domestic fuel prices and will not take further action before the end of President Muhammadu Buhari’s term in late May.
ExxonMobil says it cannot start building Rovuma LNG plant without security in Cabo Delgado
ExxonMobil (US) has said that the Rovuma LNG consortium cannot start work on an onshore gas liquefaction complex without assurances of long-term stability in northern Mozambique.
TotalEnergies says restart of construction of $20bn LNG plant in Mozambique is being hampered by cost dispute with contractors
TotalEnergies has said the security situation in northern Mozambique has stabilised but resumption of work on its LNG project in the area is being complicated by disagreements with contractors over extra costs.
Tullow Oil and Perenco to swap Gabon assets in simplification deal
Under the agreement, Tullow will give Perenco its stakes in four Gabon assets in exchange for stakes in two other assets.
Nigerian Justice Minister dismisses accusations of $2.4bn revenue loss from alleged oil sale to China
Tower Resources close to confirming drill schedule for NJOM-3 well in Cameroon
Tower owns 100% of the Thali production-sharing contract, located in the shallow waters of the Rio del Rey basin, offshore Cameroon. NJOM-3 is located in this PSC.
Ivory Coast's oil and gas industry set for transformation with new Baleine field production in 2023
Pipeline to allow for Nigerien crude output uptick
Niger’s Energy Ministry said last week that the upcoming completion of a cross-border pipeline will enable the country to increase upstream oil production.
South Africa grants environmental approval for hydrocarbon exploration in promising offshore acreage
South Africa has granted an environmental permit for oil exploration in the offshore Orange Basin, adding to other work planned in the area off of the country’s western coast.
Mozambique's president says TotalEnergies can resume construction of $20bn LNG plant
Mozambique's President Filipe Nyusi has said that security has been restored in the north of the country and French oil major TotalEnergies can resume building its $20bn liquefied natural gas project.
Golar LNG to build floating liquefied natural gas (FLNG) plant in Nigeria
The NNPCL has signed a memorandum of understanding with Golar LNG to build a floating liquefied natural gas plant (FLNG) in Nigeria.
RSF paramilitary group claims control of Sudan's only operating refinery
The Rapid Support Forces (RSF), a paramilitary group that has been clashing with Sudan’s armed forces, reportedly took control of the Garri refinery on April 25.
Halliburton subsidiary reaches oil production milestone at early production facility in Nigeria
Halliburton Testing and Subsea (TSS) Nigeria's early production facility has reached the milestone of processing its 10 millionth barrel of oil with zero lost-time incident days.
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