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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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Diesel shortage looms in Nigeria despite planned Dangote Refinery opening, S&P warns
Nigeria may experience a shortage of diesel supply in the short term, despite the upcoming opening of the new Dangote Refinery in Q4 2023, according to a report by S&P Global Commodity Insights.
SDX Energy’s operational update indicates solid performance from Egyptian assets in 2022
Global energy sector emissions reach new high in 2022
Global energy-related CO2 emissions reached a new record in 2022 of 36.8bn tonnes, inching up 0.9% from the previous year’s level, the International Energy Agency reported last week.
Kenya oil uncertainty hits Canadian firm’s $170.6mn assets
Canadian oil and gas company Africa Oil has booked a non-cash impairment charge of $170.6mn on its Kenyan assets following uncertainties over oil production in the country, Daily Nation reported.
Saipem wins $400mn drilling contract offshore Ivory Coast
The contract won by Saipem was awarded by a joint venture owned by Eni Côte d'Ivoire and the state-owned Petroci, which is currently active in several exploration blocks off the Ivorian coast.
Egypt’s petroleum ministry launches first international bid round for mature fields
Egypt’s petroleum ministry launched through its portal the first international bid round to develop eight maturing oilfields in the Gulf of Suez and Eastern Desert regions.
UOG encounters net oil pay in primary Alam El Bueib reservoir in Abu Sennan licence onshore Egypt
Saipem CEO sees Mozambique LNG consortium resuming work in July 2023
Alessandro Puliti, the CEO of the Italian oilfield services provider (OSP) Saipem, expects work on the Mozambique LNG project, led by France’s TotalEnergies, to resume in July of this year.
Italy’s energy group Eni finalises acquisition of two main Algerian concessions
Italian energy group Eni has achieved closing of the acquisition of two gas-producing concessions tied to BP's business in Algeria after getting necessary approvals.
Angola: Azule Energy awards four service contracts related to Agogo oilfield development
Four international service providers have been awarded contracts related to the development of Agogo, an oilfield located within Block 15/06 offshore Angola operated by Azule Energy, a joint venture established in August 2022 by Eni and BP.
Lukoil reportedly discussing sale of stake in Pecan oilfield offshore Ghana with Indian firms
Lukoil, Russia’s largest privately owned oil company, is reportedly in discussions with Indian firms on the possibility of selling its stake in the Pecan oilfield offshore Ghana.
Eni CEO says Africa is a key source of gas supplies to replace Russia in Europe
Eni CEO Claudio Descalzi says Africa is a vital source of natural gas for Europe as the Continent attempts to reduce its dependence on supplies from Russia.
BP and partners plan second phase expansion for Greater Tortue Ahmeyim natural gas field off West Africa
CPECC, TotalEnergies sign deal on building ground facilities for Tilenga oilfield in Uganda
China Petroleum Engineering & Construction Co. (CPECC) has signed a deal with TotalEnergies to construct ground facilities for the Tilenga oilfield in Uganda.
TechnipFMC wins $250mn contract from TotalEnergies for work offshore Angola
New York-listed TechnipFMC has secured a contract worth up to $250mn for work at Girassol, an oilfield at Block 17 offshore Angola.
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