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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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South African court revokes Shell’s rights to Algoa, Transkei blocks offshore Wild Coast
The Makhanda High Court in South Africa has revoked the exploration rights granted by the Department of Mineral Resources and Energy (DMRE) to Shell (UK) for the offshore Algoa and Transkei blocks.
ASX-listed Invictus Energy raises $25mn for maiden drilling at two prospects in northeast Zimbabwe
Nigeria: Kyari says NNPC Ltd has locked in oil supply agreement with Dangote Refinery
Mele Kyari, the group CEO of Nigerian National Petroleum Co. Ltd (NNPC Ltd), said on August 30 that his company has already locked in long-term supply arrangements with the Dangote Refinery.
BPCL expects Mozambique LNG to resume work in H1-2023
The Mozambique LNG consortium is likely to resume activity in the first half of 2023, according to India’s Bharat Petroleum Corp. Ltd (BPCL), a non-operating shareholder in the French-led group.
Schedule for Mozambique’s first LNG cargo revised as tanker changes course
Eni (Italy) appears to have altered its schedule for exporting its first cargo of LNG from Mozambique, as a tanker that was due to rendezvous with the Coral Sul floating LNG vessel has changed course.
FAR Ltd acquires remaining 50% of equity in Blocks A2, A5 offshore The Gambia from Petronas
NSAI certifies Ethiopia’s Ogaden basin gas reserves at 198 bcm
Ethiopia’s Ministry of Mines and Petroleum received a report from Netherland, Sewell & Associates, Inc (NSAI) on August 26 confirming the presence of sizeable natural gas reserves in the Ogaden basin.
DMEA: TotalEnergies says it will continue building Arzew petchem plant in Algeria
TotalEnergies (France) will continue working to build a petrochemical plant in Algeria’s Arzew region, denying a report published earlier by African Intelligence.
AfrOil: South Africa expects TotalEnergies to submit Luiperd development plan
Phindile Masangane, the CEO of Petroleum Agency South Africa (PASA), has said she does not expect TotalEnergies to let its licence for Block 11B/12B lapse as a deadline for submitting production plans approaches.
Panoro to look for helium, natural gas in South Africa’s North Karoo basin
Norway’s Panoro Energy has secured exploration rights to a block in the Northern Karoo basin in South Africa and will search for both natural gas and helium there.
Talanx declines to re-insure East Africa Crude Oil Pipeline (EACOP)
Talanx, Germany’s third-largest insurance company, has confirmed that it will not provide re-insurance coverage for the East Africa Crude Oil Pipeline (EACOP) project.
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.
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