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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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Global Petroleum appoints PVE Consultants to assist in farmout of its offshore Namibia licence
NNPC seeks to reassure public about gasoline supplies, prices
Nigerian National Petroleum Corp. (NNPC) has tried to assuage consumers’ concerns about potential gasoline shortages, saying in a statement that the country had adequate supplies.
ExxonMobil working to cut Rovuma LNG’s costs, carbon emissions
ExxonMobil (US) is working to reduce the carbon footprint of its Rovuma LNG project while also cutting costs, Mozambique’s Energy Minister Max Tonela has said.
AfrOil: ExxonMobil hopes to cut Rovuma LNG costs, carbon emissions
ExxonMobil (US) is working to reduce the carbon footprint of its Rovuma LNG project while also cutting costs, Mozambique’s Energy Minister Max Tonela has said.
Eni says Coral-Sul FLNG project for Mozambique ‘on track’
Suez Canal Authority keeps transit fees for vessels transporting LNG steady for 2022
Pharos Energy receives Egyptian cabinet’s approval for amendments to El Fayum Concession Agreement
Equatorial Guinea’s mining and hydrocarbon ministry biggest African Energy Week sponsor
Savannah Energy makes first gas sales to FIPL Afam in Nigeria
Assiut leads Egypt’s refining progress
NLNG aims to cut LPG exports
The Nigeria LNG (NLNG) consortium has said it will reduce exports in order to raise the volume of LPG delivered to the domestic market to 450,000 tonnes per year, in line with previously announced plans.
Indeni refinery restart expected by year-end
Zambian Energy Minister Peter Kapala has said he expects the Indeni oil refinery to resume operations before the end of 2021.
VAALCO completes two-well workover programme at Etame Marin
VAALCO Energy (US) reported earlier this week that it had completed two well workovers at the Etame Marin block offshore Gabon, thereby raising production levels by about 1,050 barrels per day.
Inpex sells stake in Offshore D.R. Congo block to Perenco
Inpex (Japan) announced last week that it had divested all of its holdings in the Offshore D.R. Congo block, which is located off the coast of the Democratic Republic of Congo.
Sound Energy, Afriquia Gaz delay deadline for signing LNG agreement
UK-based Sound Energy has reached agreement with Afriquia Gaz (Morocco) on pushing back the deadline for meeting the preconditions for signing the Phase 1 LNG sale and purchase agreement (SPA).
Ghana to benefit from soaring oil price
Accra to cash in on the skyrocketing price of petroleum exports following short supplies of crude oil from major exporters globally, causing the commodity to hit a three-year high.
Eni touts net-zero plan for Baleine discovery offshore Cote d’Ivoire
Eni is fast-tracking execution of Baleine, its new discovery offshore Cote d’Ivoire, and talking up its plan for reducing the project’s carbon footprint.
Saipem sees Mozambique LNG project restarting in mid-2022
The Italian energy services group Saipem said on October 28 that it expects work on the Mozambique LNG project, which was put on hold this year for security reasons, to restart around mid-2022.
Oil, gas and pipeline projects set to boost FDI in Uganda, Tanzania
Uganda and Tanzania are set to see foreign direct investment levels rise considerably in the coming year as a result of crude oil and natural gas development, according to the Private Sector Foundation of Uganda (PSFU).
Egypt reduces rebate offered to LNG tankers crossing Suez Canal
Egypt is lowering the rebate offered to LNG tankers passing through the Suez Canal to 15% effective November 1, the Suez Canal Authority (SCA) has said.
Former Sonangol director says local content initiatives are having little effect
Angola has made efforts to increase local content in oil and gas projects involving international oil companies, but its approach has had only limited effects, according to a former director of Sonangol.
NNPC in search of $5bn from investors
AfrOil: Former Sonangol director pessimistic about local content
Angola has made efforts to increase local content in oil and gas projects involving international oil companies (IOCs), but its approach has had only limited effects, according to a former director of state-owned Sonangol.
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