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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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Uganda and Algeria sign partnership for oil and gas projects
Uganda National Oil Co. (UNOC) and its Algerian counterpart Sonatrach have signed a memorandum of understanding for the development of oil and gas projects in Uganda.
Niger's president touts benefits of planned oil pipeline to Benin
Niger's President Mohamed Bazoum has said that a planned pipeline carrying crude from Niger's Agadem oilfield to the southern Benin port of Sèmè will provide numerous benefits to both countries.
Egypt and Germany activate green energy co-operation agreement
Egyptian Petroleum Minister Tarek El Molla and German Deputy Minister of Economic Affairs and Climate Action for Parliamentary Affairs Stefan Wenzel held the first meeting of Higher Committee for Energy Cooperation in Cairo.
DRC licensing round attracts green investor
US biodiversity fund EQX Biome seeks to convince Kinshasa that carbon credits are a better long-term investment proposition than oil exploration and development.
Uganda may seek Algerian help building oil refinery, signs bilateral agreements to boost economic ties
Libya’s big plans for 2024
NOC’s chairman says Libya will be ready to launch its first licensing round since 2007 next year.
Energean delivers first gas at North El Amriya and North Idku
UK-based independent oil and gas producer Energean, with a portfolio of Mediterranean fields, has announced that first gas has been delivered at its North El Amriya (NEA) and North Idku (NI) development, located in shallow water offshore Egypt.
Africa Oil Corp. issues new reserve estimate for Block 3B/4B offshore South Africa
Africa Oil Corp. (Canada) has issued a new reserve estimate for Block 3B/4B offshore South Africa in the Orange basin after an independent review of its competent person’s report by RISC Advisory (UK).
Energean starts gas production at NEA/NI fields offshore Egypt
UK-based Energean has announced the start of natural gas production at the North El Amriya and North Idku (NEA/NI) fields offshore Egypt.
Morocco: Chariot says FEED work on Anchois gas development project is complete
Chariot has completed front-end engineering and design (FEED) work on the main components of its Anchois natural gas project offshore Morocco.
Ghana-based AGM relinquishes South Deepwater Tano block
AGM Petroleum plans to relinquish its stake in the largest contract area in the South Deepwater Tano (SDWT) block in Ghana, a contract area of 3,500 sq km situated in ultra-deep waters, Daily Graphic reports.
Tanzania completes talks with Equinor and Shell on $30bn LNG project
Tanzania has concluded negotiations on a $30bn LNG project with Equinor (Norway) and Shell (UK), creating an opportunity for launching the development of the country’s vast offshore natural gas resources after years of delay.
Predator Oil & Gas shares down 7.7% on Moroccan permit difficulties
Bureaucracy and difficulties in finalising approvals from the Moroccan government to authorise the use of explosives pushed down the shares of Predator Oil & Gas on Tuesday, March 7.
Egypt’s petroleum ministry targets raising crude and condensate production to 640,000 bpd
Woodside Energy wins right to acquire 56% in PEL 87 offshore Namibia
Australia’s Woodside Energy has secured an option to acquire a 56% participating interest in Petroleum Exploration Licence 87 (PEL 87) offshore Namibia from Sintana, a Canadian company.
Shell strikes oil again with Jonker-1X well offshore Namibia
Shell (UK) has reportedly struck oil in Jonker-1X, a well drilled at the PEL 39 deepwater licence area in the Orange basin offshore Namibia.
ExxonMobil seeks approval for sale of Nigerian oil production operations
ExxonMobil Corp. is seeking approval from the Nigerian government to proceed with the sale of its $1.2bn shallow water oil production operations in the West African country. Exxon announced its intention to sell these assets a year ago.
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