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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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EGAS, Eni joint venture gets exploration rights to Northeast El Arish offshore Mediterranean concession
Nigeria rolls out gas-based plan to reach net zero by 2060
Nigeria’s government has rolled out a new plan for bringing net carbon emissions down to zero by 2060. The initiative, which calls for using natural gas as a bridge fuel, is both ambitious and expensive.
ZPEB completes, delivers first drilling rig for installation at Uganda’s Tilenga oilfield
China’s Zhongyuan Petroleum Exploration Bureau (ZPEB) has finished the first drilling rig that TotalEnergies (France) will use to develop the Tilenga oilfields in western Uganda.
Nigeria’s air employees union proposes paying foreign airlines in crude oil
Nigeria’s National Union of Air Transport Employees (NUATE) has proposed sending oil instead of dollars to foreign airlines struggling to repatriate funds back to their home country, The Nation has revealed.
Kyari says Nigeria cannot eliminate oil theft by legalising underground refineries
Nigeria cannot eliminate the long-standing problem of oil theft in the Niger River Delta by legalising underground refineries, Mele Kyari, the group CEO of Nigerian National Petroleum Co. Ltd (NNPC Ltd), has said.
DNO acquires stakes in two blocks offshore Côte d'Ivoire
Norway’s DNO has reached agreement with UK-based RAK Petroleum on a transaction that will make it a shareholder in two upstream projects offshore Côte d'Ivoire.
Invictus’ Zimbabwean partner expects Mukuyu-1 well to be spudded by early September
Australia’s Invictus Energy is still on track to spud its first exploration well at the Mukuyu natural gas field by early September, even though some of its equipment has not yet arrived at the drilling site.
TotalEnergies reportedly withdrawing from Arzew polypropylene complex
TotalEnergies has decided to withdraw from the construction of a huge petrochemical complex and is expected to issue an official announcement to this effect soon, African Intelligence reported on August 22.
Sudan offers more oil blocks for Russian firm Zarubezhneft
Libya’s crude production restored at 1.211mn bpd
South Africa: PASA confident on TotalEnergies’ plans for developing Luiperd gas field
The CEO of Petroleum Agency South Africa (PASA) does not expect TotalEnergies to let its licence for Block 11B/12B lapse as a deadline for submitting production plans approaches.
Luanda refinery’s new gasoline unit reaches full production capacity
Sonaref, the refining subsidiary of Angola’s national oil company Sonangol, reports that the Luanda refinery’s new gasoline plant has reached full production capacity.
Nigeria’s finance minister says FEC has approved plan for summit meeting on gasoline subsidy
Nigeria’s Federal Executive Council (FEC) has approved the National Assembly’s proposal for a summit meeting on the planned elimination of domestic gasoline subsidies.
Shell says it will not sell SPDC stake until Nigerian Supreme Court decides oil spill case
Shell has reiterated that it will not proceed with the divestment of a 30% stake in the Shell Petroleum Development Corp. (SPDC) joint venture prior to the resolution of pending litigation.
Lukoil hits back at Aker over Pecan oil project offshore Ghana
Lukoil says that Aker Energy's concerns about incurring sanctions penalties over the Pecan oilfield offshore Ghana are unwarranted.
DMEA: Israel sees Egypt’s LNG capacity as reason for continued co-operation
Israel will continue to work with Egypt to boost natural gas exports to Europe, as the latter country is its best option for producing LNG, Energy Minister Karine Elharrar told Israel Hayom in an interview.
AfrOil: NNPC Ltd signs renegotiated PSCs for five deepwater blocks
Nigerian National Petroleum Co. Ltd (NNPC Ltd) has completed the process of negotiating new PSCs for five deepwater blocks in a move that is expected to unlock more than $500bn in revenue for the West African country.
Mozambique on cusp of history as British Mentor tanker arrives to pick country's first LNG cargo from Eni project
Mozambique on the cusp of history as tanker, British Mentor, arrives to pick country's first liquefied natural gas cargo from Italian giant, ENI's project
SDX Energy production for H1 2022 is above guidance
ExxonMobil’s Nigerian asset sale encounters yet another setback
Nigeria's president has revoked his earlier approval of ExxonMobil’s sale of its shallow-water portfolio to Seplat Energy, a local company.
EU to provide $15mn to African troops fighting jihadists in Mozambique
European Union to provide $15mn in military support to African troops fighting jihadists in Mozambique
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