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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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Libyan refinery put at risk of shutdown after missile attack
Algeria awards $3.7bn refining contract
Zenith Energy set to acquire majority stake in operator of Congolese oilfield
UK-based Zenith Energy is set to make its first move into Africa via the purchase of a majority stake in AIM-listed Anglo African Oil & Gas Congo.
Nigeria may be heading for trouble
Nigeria's oil minister is optimistic about the prospects for positive change in the hydrocarbon sector, but he may be speaking too soon.
Nigeria planning to resume work on Ogidigben gas complex
Nigeria’s federal government has announced the revival of a major natural gas initiative that has been on hold for the last five years.
Uganda gives Oranto, Armour permission to proceed with exploration
The Petroleum Authority of Uganda (PAU) has authorised two foreign companies to continue exploration work in the Lake Albert region.
South Africa unveils draft version of petroleum law
South Africa’s Department of Mineral Resources and Energy recently unveiled a proposed oil and gas law that would reserve a minority stake in exploration and development projects for the government.
Somalia’s upper house passes Petroleum Law in third reading
The Federal Republic of Somalia has taken a step towards the introduction of a new law that will govern the oil and gas industry.
Algerian government wants a closer look at Energean/Edison deal
The Algerian government has asked Italy’s Edison to discuss its upcoming acquisition by UK-listed Energean.
Nigeria LNG makes FID on Train 7 expansion project
The Nigeria LNG (NLNG) consortium revealed in late December that it had made a final investment decision (FID) on the construction of a seventh production train at its natural gas liquefaction plant on Bonny Island.
Turkish-Libyan maritime accord raising tensions
Tensions remain high in the Eastern Mediterranean as Turkey talks about conducting joint exploration work with Libya and blocking the construction of the EastMed gas pipeline.
Indonesian company preparing to drill at Mozambique’s Búzi block
Buzi Hydrocarbons, a subsidiary of Indonesia’s Energi Mega Persada (EMP), is reportedly preparing to drill its first exploration well at the onshore Búzi block in central Mozambique.
Equatorial Guinea extends ExxonMobil’s licence for two offshore blocks
Equatorial Guinea’s Ministry of Mines and Hydrocarbons reported on December 16 that it had extended ExxonMobil’s licence for two offshore blocks known as EG-11 and EG-06.
NNPC, partners sign FEED contract for condensate refinery project
State-owned Nigerian National Petroleum Corp. (NNPC) and two private Nigerian companies signed a front-end engineering and design (FEED) contract for a condensate refinery project at the weekend.
Algeria’s new president seen aiming for more oil and gas investment
Algeria’s government is likely to continue seeking foreign investment for oil and gas projects following the election of Abdelmadjid Tebboune as president.
Springfield Energy confirms major oil discovery offshore Ghana
Springfield Exploration and Production (SEP) confirmed last week that it had discovered sizeable hydrocarbon reserves at West Cape Three Points Block 2 (WCTP Block 2), located offshore Ghana.
Nigeria LNG signs gas delivery deal with Vitol, finds gas for Train 7
Nigeria LNG (NLNG) has signed a sale and purchase agreement (SPA) with Vitol, the international commodities trading giant.
Total-led group extends licence for Angola's Block 17
A consortium led by France’s Total has secured an extension to its production licence for Block 17, located offshore Angola. The block is home to Girassol, Pazflor and other oilfields.
Sonangol cancels Cabinda deal, extends Soyo bidding
Management shake-up at Tullow
Tullow Oil's CEO and exploration director have stepped down following setbacks in Ghana, Uganda and Guyana.
NEWSBASE: A closer look at Niger with Savannah Petroleum
Savannah is working to expand Niger’s oil production capacity in the Agadem Rift Basin, and it believes the country has the potential to attract additional outside investment.
Angola sees oil production rising 3.3% next year
Angola’s Minister of Mineral Resources and Petroleum Diamantino Azevedo said on December 5 that his country was on track to see oil production rise next year.
Algeria remains opposed to plan for sale of Anadarko assets
Algerian Energy Minister Mohamed Arkab said last week that Sonatrach, the national oil company (NOC), was opposed to a US partner’s plan to divest some of its assets.
Sonangol cancels United Shine’s contract for Cabinda refinery
Angola’s national oil company (NOC) Sonangol revealed last week that it had cancelled a contract with the United Shine consortium for the construction of a refinery in Cabinda Province.
Nigeria’s Axxela pledges to expand West African gas transport infrastructure
Nigeria’s Axxela has pledged to continue working to expand its transportation network for natural gas in West Africa.
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