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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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Head of Tatneft discusses plans to resume work in Libya
Nail Maganov, the CEO of Tatneft (Russia), met with representatives of Libya’s National Oil Corp. (NOC) last week to discuss his company’s plans for resuming work at fields in the North African state.
Nigerian fuel subsidy use concerns IMF
Zenith prepares to drill ROB-3 well
Calgary-based Zenith Energy is gearing up to begin work on an infill vertical well at Robbana, a newly acquired onshore concession in Tunisia.
ReconAfrica, NAMCOR sign JOA on exploration of PEL 73
Reconnaissance Energy Africa (Canada) has signed a joint operating agreement (JOA) with NAMCOR, the national oil company (NOC) of Namibia, on exploration work in the Kavango basin.
Sound Energy expands holdings in Morocco
UK-based Sound Energy is set to expand its holdings in eastern Morocco through the acquisition of Schlumberger Silk Route Services (SSRS), an affiliate of Schlumberger.
Nigeria talks about legalising illicit refining in the Niger River Delta
According to an advisor to Nigeria's President Buhari, Abuja wants to authorise and regulate small-scale oil-processing operations.
NLNG signs supply deals with three local companies
The Nigeria LNG (NLNG) consortium revealed last week that it had signed supply deals with three local companies.
Shell, Total reps urge Nigeria to pass PIB
Two of the largest international oil companies (IOCs) operating in Nigeria have called on the country’s government to pass the Petroleum Industry Bill (PIB), which is now under discussion in the National Assembly.
Havfram to provide subsea mooring system for Grand Tortue/Ahmeyim FPSO
Technip Energies has awarded a contract to Havfram for pre-installation and hook-up services for the subsea mooring system that will be used to station an FPSO at the Grand Tortue/Ahmeyim block.
McDermott-Sinopec consortium wins LoA for Tilenga EPCC services
US-based McDermott International has formed a consortium with a subsidiary of China’s Sinopec to provide support services at the Tilenga oilfield in Uganda.
DPR head unveils micro-LNG initiative
Nigeria’s government is sponsoring plans for the establishment of hundreds of small-scale LNG distribution centres across the country.
Nigeria anticipates import reprieve
AfrOil: McDermott, Sinopec on track to win $2bn Ugandan contract
US-based McDermott International has joined forces with Sinopec International Petroleum Service Corp. (SIPSC), a subsidiary of China’s Sinopec, to provide support services at the Tilenga oilfield in Uganda.
Pharos Energy drills a production well in the El Fayum concession in Egypt’s Western Desert
Yinson to carry out pre-FEED study for FPSOs in Suriname, Angola
Malaysia’s Yinson Holdings has won a contract from TotalEnergies (France) for a pre-FEED study of two FPSO units that the latter company will use to develop fields offshore Suriname and Angola.
NNPC seeks Afreximbank help for Dangote move
Tanzania reports progress in talks on LNG project
Tanzania’s government is reportedly making progress in talks with Equinor (Norway) and Royal Dutch Shell (UK/Netherlands) on the resumption of work at an LNG project worth $30bn.
Orezone, Genser sign PPA for LNG-to-power project in Burkina Faso
US-based Genser Energy has agreed to set up a small-scale LNG-fuelled power plant in Burkina Faso to Orezone Gold Corp. (Canada) for use at the Bomboré gold mine.
DPR says 80 companies won Marginal Oilfield Bid Round
Sarki Auwalu, the director of Nigeria’s Department of Petroleum Resources (DPR), said last week that about 80 companies had been named as the winners of the country’s second bidding round for marginal fields.
Mombasa Gas Terminal to use World Bank loan for LPG terminal construction
International Finance Corp. (IFC), an arm of the World Bank, has reportedly agreed to lend a Kenyan fuel company about $23mn for the construction of the first phase of a new LPG terminal.
Uganda shortlists four companies in second bidding round
Uganda’s Ministry of Energy and Mineral Development has shortlisted four companies as the top bidders in its second licensing round.
Zimbabwe aims to attract more oil and gas investment, minister says
Winston Chitando, Zimbabwe’s Minister of Mines and Mining Development, said last week that his country’s government saw oil and gas projects as an important means of attracting investment to the country.
Nigeria now aims to pass PIB in June
Nigerian legislators now aim to pass the proposed oil and gas law, known as the Petroleum Industry Bill (PIB), in June.
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