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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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Tanzania: Scirocco to sell 25% stake in Ruvuma PSA to Wentworth
AIM-listed Scirocco Energy announced has arranged to sell its 25% stake in the Ruvuma block in southern Tanzania to UK-based Wentworth Resources.
SDX Energy completes drilling at MSD-24 infill development well on Meseda field in its West Gharib concession
Tanzania signs HGA to kick-start $30bn LNG project
Mauritius to finish soliciting expressions of interest for LNG-to-power project this week
The Central Electricity Board (CEB) of Mauritius will wrap up the process of accepting expressions of interest for an LNG-to-power contract this week.
Shell reportedly accepted bids for SPDC stake from 2 Nigerian firms on June 10
Two Nigerian companies, ND Western Ltd and Heirs Oil and Gas Ltd, were expected to submit final offers to Shell (UK) for a 30% stake in the SPDC joint venture by the due date of June 10.
ANPG notes TotalEnergies’ FID on Phase 3 development of CLOV
Angola’s ANPG said on June 10 that France’s TotalEnergies had made a final investment decision on Phase 3 development at the CLOV oilfields at Block 17.
TotalEnergies launches biodiversity programme linked to Ugandan oil project
TotalEnergies has launched a biodiversity programme that aims to conserve sensitive ecosystems in and around the Murchison Falls Conservation Area in Uganda.
Perenco to assume operatorship of Etinde gas field offshore Cameroon
UK-based Bowleven Oil & Gas says its partner New Age (African Global Energy) has arranged to transfer operatorship of the Etinde field offshore Cameroon to the British-French company Perenco.
Central African Forest Initiative (CAFI) responds to DR Congo’s attempted balancing act
Kinshasa intends to auction off oil and gas exploration blocks next month and proceed with a $500mn forest preservation project, despite concerns about conflicting objectives.
ANPG sees Angola’s oil and gas sector attracting $66bn in investment over next five years
Angola’s National Agency for Petroleum, Gas and Biofuels (ANPG) expects the country’s hydrocarbon sector to attract $66bn worth of investments over the next five years.
AfrOil: Impact Oil & Gas may exit Namibia’s Venus project
South Africa’s Impact Oil & Gas is reportedly mulling the possibility of selling its 20% stake in Block 2913B offshore Namibia, which contains the massive Venus-1x discovery.
Liberia pledges to make few changes in fuel prices this month
Liberia’s Ministry of Commerce and Industry said in a statement on June 3 that it did not intend to make any drastic changes in the domestic fuel pricing regime before the end of this month.
Impact Oil & Gas mulls sale of 20% stake in Namibian block containing Venus oilfield
South Africa’s Impact Oil & Gas is reportedly mulling the possibility of selling its 20% stake in Block 2913B offshore Namibia, which contains the massive Venus-1x discovery.
VAALCO announces successful drilling of South Tchibala 1HB-ST well at Etame Marin
VAALCO Energy (US) reported on June 2 that it had successfully drilled the South Tchibala 1HB-ST well from the Avouma platform at the Etame Marin block offshore Gabon.
Savannah Energy’s Accugas subsidiary signs gas supply agreement with Nigeria’s TAPL
Accugas, an 80% indirectly owned subsidiary of Savannah Energy, has signed a short-term deal with TransAfam Power Ltd (TAPL) on the delivery of natural gas for use at the latter company’s power plants in Nigeria’s Rivers State.
Kenyan MPs approve proposal to reduce VAT rates for LPG
Kenyan legislators have endorsed a proposal to amend the 2022 Finance Bill to reduce the rate of value-added tax (VAT) levied on LPG.
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