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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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Nigeria LNG names international consortium as winner of EPC contract for Train 7
Nigeria LNG has taken a step toward making a final investment decision (FID) on plans for the construction of a seventh production train at the Bonny Island gas liquefaction plant.
Nigerian analyst comments on US shale boom’s consequences for Africa
US operators may be benefitting from the shale oil boom, but their gains have come at the expense of African producers, according to a Nigerian analyst.
Draft law awards South Africa’s government a 10% stake in new projects
South Africa’s Department of Mineral Resources and Energy hopes to revive a proposal to award an equity stake in every new oil and gas project to the government at no cost.
Nigeria’s CESL arranges to buy Armada Perdana FPSO from Malaysian company
Malaysia’s Bumi Armada said last week that it had arranged to sell a floating production, storage and off-loading (FPSO) unit to Century Energy Services Ltd (CESL) of Nigeria.
Will Tanzania’s loss be Kenya’s gain?
Nairobi’s talk about working with Uganda to build an oil export pipeline is not likely to lead to much concrete action.
Libya’s NOC halts kerosene deliveries to eastern regions
Libya’s National Oil Corp. (NOC) has suspended deliveries of kerosene to areas in the centre and the east that were not under the control of the government in Tripoli.
Ahead of ICJ hearing, Somalia denies Kenyan claims on offshore auctions
Somalia’s government has denied claims that it intends to head off a pending arbitration case by auctioning off a number of offshore blocks that may contain crude oil and natural gas near its disputed maritime border with Kenya.
US court rejects efforts by ExxonMobil, Shell to collect compensation from Nigeria
ExxonMobil (US) and Royal Dutch Shell (UK-Netherlands) have suffered a setback in their attempt to enforce an arbitration court’s ruling against Nigerian National Petroleum Corp. (NNPC).
Fuels in focus in East Africa
Motor fuel prices drop slightly in Zimbabwe
Zimbabwe’s government has slightly reduced its ceiling for motor fuel prices, marking the first weekly decline since January 13.
Springfield Energy to use Stena Forth for Ghana’s first deepwater drilling deal
Springfield Energy has arranged to use a drillship owned by Stena Drilling for the first deepwater drilling campaign in Ghana’s offshore zone.
Sudan: What’s at stake
This essay will take a brief look at what’s at stake – at the oil and gas infrastructure that Sudan still has, even after the loss of its most hydrocarbon-rich territories.
NNPC head sees Nigerian oil output rising to 2.5mn bpd next year
The new head of Nigeria’s national oil company (NOC) has expressed optimism about his country’s ability to increase oil production in the short term.
Noble Energy finds oil offshore Equatorial Guinea
Equatorial Guinea’s Ministry of Mines and Hydrocarbons revealed last week that Noble Energy has discovered new oil reserves at Block 1, an offshore licence area that lies east of Bioko Island.
Tullow backs out of Ugandan farm-in deal with Total and CNOOC
Tullow Oil has terminated a farm-in deal with France’s Total and CNOOC for the Lake Albert project in Uganda.
South Sudan reports two new oil discoveries
CNPC’s large new oilfield should help Juba bring production back up, and a smaller find could establish a path towards diversification.
Nigerian judge reinstates SPDC’s licence for OML 11
SPDC scored a victory in court last week, when a Nigerian judge ordered the government to reinstate its licence for OML 11, a block in the south-eastern Niger River Delta.
LADOL battling lawsuits from Samsung, Africoat
Nigeria’s campaign to increase the use of local content in oil and gas projects is suffering setbacks, as the Lagos Deep Offshore Logistics Base (LADOL) is embroiled in legal battles with two key partners.
SBIDZ actively seeking new partners for oil and gas operations base
Saldanha Bay Industrial Development Zone (SBIDZ) is moving closer to establishing itself as South Africa’s only oil and gas operations base operated exclusively by domestic companies.
Kenyan government prepares to explain its plan for use of oil revenues
A team of Kenyan government officials will travel to Turkana County this week to inform residents of the area about plans for the use of future crude oil revenues.
First West African LNG regas plant to be built in Equatorial Guinea
An LNG regasification and storage plant is set to be built in Equatorial Guinea – the first such project in West Africa – as the country advances its plans to develop gas-to-power infrastructure.
Lamu Port’s first berth to be commissioned in October
BW Energy spuds exploration well offshore Gabon
The Anglo-Norwegian company BW Energy and its partners have begun drilling a new vertical exploration well at Hibiscus Updip, a prospect within the Dussafu Marin contract area offshore Gabon.
Namibian official explains rejection of refinery proposals
Namibia’s Ministry of Mines and Energy confirmed last week that it was not yet ready to approve any of the proposals it has received for the construction of an oil refinery.
Nigerian government criticises SPDC’s attempt to retain OML 11 operatorship
Nigeria’s federal government has signalled that it will continue to battle Royal Dutch Shell’s attempt to regain its position as operator of Oil Mining Lease 11 (OML 11).
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