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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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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
Invictus gains exploration rights to two blocks adjacent to SG 4571
Australia’s Invictus Energy has gained the right to explore two additional licence areas adjacent to Special Grant 4571 (SG 4571), its main asset in the Cabora Bassa basin in Zimbabwe.
Ghana: Aker Energy puts Pecan project on hold due to concerns about Russian shareholder
Aker Energy (Norway) is postponing development of the Pecan oilfield offshore Ghana due to concerns about the possibility of sanctions penalties, since Russia’s Lukoil is a shareholder.
Israel sees Egypt’s LNG capabilities, European gas demand as reasons for continued co-operation
Israel will continue to work with Egypt in order to boost natural gas exports to Europe, as Egypt represents the country’s best option for producing LNG, Energy Minister Karine Elharrar has said.
Ghanaian MP unveils plans for Tema-Takoradi gas pipeline
Frank Annoh-Dompreh, a Ghanaian MP representing Nsawam Adoagyiri in Eastern region, says Ghana Gas will build a 290-km pipeline system serving four regions.
Nigeria: Accugas to provide gas to Notore Chemical Industries
Accugas, a 80% indirectly-owned subsidiary of Savannah Energy, has entered into a new gas sales agreement with Nigeria’s Notore Chemical Industries.
Nigeria signs renegotiated PSCs for five deepwater blocks
Nigerian National Petroleum Co. Ltd (NNPC Ltd) has completed the process of negotiating new production-sharing contracts (PSCs) for five deepwater blocks in a move that will unlock more than $500bn in revenue.
Subsidiary of South Africa’s CEF authorised to buy 50% stake in BP’s Cape Town fuel terminal
South Africa’s state-owned Central Energy Fund (CEF) says its subsidiary, the Strategic Fuel Fund (SFF), has been authorised to acquire a 50% stake in the Cape Town fuel terminal, owned by BP Southern Africa (bpSA).
Senegal/Mauritania: Golar LNG says conversion of Gimi LNG tanker for GTA project is 86% complete
Bermuda-registered Golar LNG says the process of converting the Gimi LNG tanker into an FLNG plant for installation at the GTA block offshore Senegal and Mauritania is at least 86% complete.
Eco Atlantic mobilises rig for drilling of Gazania-1 well offshore South Africa
UK-based Eco (Atlantic) Oil & Gas reported on August 12 that it had mobilised the rig that it will use to drill the Gazania-1 exploration well at Block 2B offshore South Africa in the Orange basin.
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