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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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Seplat Energy announces major changes to board after filing lawsuit in Nigeria against ex-chairman
Seplat Energy, less than a month after filing an NGN5bn ($10.86mn) lawsuit in Nigeria against its former chairman, A B C Orjiako, has unveiled a series of major changes to its board composition as part of its efforts to improve corporate governance.
Congo LNG project launched by Eni
Italian oil major Eni inaugurated the Congo LNG gas liquefaction project on April 25. The facility will features two floating liquefied natural gas (FLNG) plants at the Nene and Litchendjili fields offshore the Republic of the Congo.
Italy’s Eni is to invest $130mn in drilling Orion X1 well in Egypt’s offshore Mediterranean
Italy’s Eni is preparing to invest $130mn in drilling the Orion X1 exploration well at its Mediterranean North East Hap’y concession starting from September.
ExxonMobil seeks to pre-qualify for direct negotiations on four offshore Liberian blocks
ExxonMobil is seeking to pre-qualify for direct contract negotiations on four adjacent offshore blocks in Liberia’s offshore zone.
Nigeria's $2.8bn AKK gas pipeline project to inject 3,600 MW of electricity into national grid, NNPCL says
The $2.8bn Ajaokuta-Kaduna-Kano (AKK) gas pipeline project will be a significant boost to the Nigeria’s energy sector, Mele Kyari has revealed.
Chevron seeks drilling rig for East Mediterranean assets
Nigeria must investigate 149mn 'missing' barrels of crude oil, SERAP watchdog says
Socio-economic Rights and Accountability Project (SERAP), a Nigerian NGO, has called on outgoing President Muhammadu Buhari to set up a panel to investigate allegations that more than 149mn barrels of crude oil have gone missing.
Panoro Energy takes ownership of Sfax Petroleum via $18.2mn purchase of Beender Tunisia Petroleum's 40% stake
DRC angles for EACOP access
TotalEnergies says EACOP has no room for oil from other suppliers, but Uganda says the midstream project was always supposed to include DRC.
Angola reports oil revenues, volumes down in Q1-2023
José Barroso, Angola’s secretary of state for oil and gas, reported that the country had seen crude oil export volumes and revenues decline year on year in the first quarter of 2023.
Woodside: Preparations for development at Sangomar 82% complete
Australia's Woodside Energy is 82% finished with preparations for first-phase development work at the Sangomar block offshore Senegal.
Italian oil major Eni drills first exploration well in new offshore Mozambique target
A consortium led by Italian oil supermajor Eni has started drilling a hydrocarbon exploration well in an offshore acreage in Mozambique, Reuters reports.
Norwegian company Panoro Energy awarded offshore block in Equatorial Guinea with high hydrocarbon potential
Panoro Energy, a Norwegian exploration and production company, has confirmed that it has been awarded Block EG-01 offshore Equatorial Guinea, following government approval.
Savannah Energy sells 10% stake in Cameroon Oil Transportation Company for $44.9mn
AIM-listed Savannah Energy has signed a share purchase agreement with Cameroon's national oil company, Société Nationale Des Hydrocarbures (SNH), for the sale of 10% of the issued share capital in Cameroon Oil Transportation Company (COTCo).
Libya’s crude oil production reaches 1.2mn bpd, says NOC
Libya’s state-owned energy group National Oil Corporation said on Wednesday, April 19 that the country’s crude oil production has reached 1.2mn barrels per day, according to a statement quoted by the Libyan News Agency.
Chinese financiers pull out of $2.8bn gas pipeline project in Nigeria
The Abuja-Kaduna-Kano gas pipeline project in Nigeria has stalled due to financiers pulling out of the project, local media report.
Pancontinental Energy’s 3D seismic survey of PEL 87 offshore Namibia more than half complete
Australia’s Pancontinental Energy is more than 50% finished with a 3D seismic survey campaign at PEL 87 offshore Namibia in the Orange basin.
Afentra reports some progress in Angolan minority stake acquisitions
AIM-listed Afentra has reported some progress in its efforts to acquire minority stakes in two blocks offshore Angola.
UM6P, Shell sign MoU to produce low-carbon fuels in Morocco
Morocco’s Mohammed VI Polytechnic University (UM6P) and British oil and gas group Shell have signed an MoU to explore investment opportunities for low-carbon fuels in Morocco such as sustainable aviation fuel, according to a press release.
Wison reportedly wins EPC contract from India’s Padah LNG for mystery Nigerian project
China’s Wison Offshore and Marine has won a contract to provide procurement services for the builder of an onshore LNG plant in Nigeria’s Akwa Ibom State, Upstream Online has said.
Methanex Egypt signs agreement with Suez Methanol Derivatives to build methanol pipeline
Methanex Egypt and the Suez Methanol Derivatives (SMD) Company have signed an agreement to develop the infrastructure for the supply of methanol from Methanex Egypt’s plant to the neighbouring SMD project in Damietta.
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