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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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Nigeria: NCDMB, NEXIM Bank establish $40mn Women in Energy Fund
Nigeria: NCDMB, NEXIM Bank establish $40mn Women in Energy Fund
Eni says first volumes of gas have been loaded into Coral Sul FLNG offshore Mozambique
The Coral South LNG consortium is set to begin producing LNG on schedule in the second half of 2022, as it has begun loading natural gas into the Coral Sul FLNG vessel at Area 4 offshore Mozambique.
Eyes on African refining as fuel pinch persists
Kenya to adjust refined oil product prices to phase out subsidies
Kenya intends to phase out the subsidy of petroleum products to create fiscal space for the government to support targeting spending on productive sectors.
Tanzania LNG’s potential pitfalls
The initial HGA on Tanzania LNG represents a triumph for President Samia Suluhu Hassan, who has been working hard to revive the stalled $30bn deal, but the project’s timeline may be overly ambitious.
AfrOil: TotalEnergies makes FID on $850mn CLOV Phase 3 project
Angola’s National Agency for Petroleum, Gas and Biofuels (ANPG) says France’s TotalEnergies has made a final investment decision on the $850mn Phase 3 development project at the CLOV oilfields within Block 17.
London high court rules against Nigeria in suit over Malabo oil deal
A London high court has ruled against Nigeria's government in a case related to fraud claims over the sale of OPL 245 to Eni and Shell.
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.
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