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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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Ghana transport operators to demand 30% fare hike
This decision came after 16 member transport unions including Ghana Private Roads Transport Union (GPRTU), Concerned Drivers Association, among others met on Thursday February 3, 2022.
Ugandan minister holds talks with refinery developers
Ghana seeks investment for Tema refinery repairs
SEPCOL reports three Trinity Spirit FPSO crew members are alive
Three crew members from the Trinity Spirit FPSO have been found alive, according to the vessel’s owner, Shebah Exploration and Production Co. Ltd (SEPCOL) of Nigeria.
Mozambique: Eni says Coral Sul FLNG installation proceeding on schedule
The Italian major Eni has said that work on the Coral South LNG project offshore Mozambique is proceeding on schedule.
Global crude oil prices rise driving inflationary pressure in Kenya – EFG Hermes
EFG Hermes Kenya Ltd expects Kenya to experience inflationary pressure in 2022 as a result of increase of global crude oil prices
Ugandan MPs blame fuel companies for high gasoline prices
NAMCOR confirms oil find at Graff-1
Namibia’s national oil company has issued a statement confirming the discovery of light crude oil in Graff-1, an exploration well drilled at the deepwater PEL 39 block offshore Namibia.
Nigerian CEO calls for elimination of gasoline subsidy
George Onafowokan, the CEO of Nigeria’s Coleman Wires and Cables, has said he believes that the elimination of the government’s long-standing gasoline subsidy is likely to have a positive long-term impact on the national oil and gas industry.
Afentra still in negotiations with Sonangol for two offshore blocks
AIM-listed Afentra has reported that it is still in negotiations with Angola’s national oil company Sonangol on the acquisition of stakes in two offshore assets known as Block 3/05 and Block 23.
Sonatrach, DEPA extend LNG supply deal
Algeria’s national oil company Sonatrach and Greece’s state-owned natural gas company DEPA confirmed on February 4 that they had extended their long-term LNG supply contract the day before.
Government seeks strategic investors for TOR – Public Enterprises Minister
The strategic investor is expected to bring in the needed capital to revive the Refinery.
SDX Energy agrees to dispose of 33% equity stake in South Disouq concession in Egypt for $5.5mn
NUPRC says it is investigating FPSO explosion
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced on February 3 that it had begun an investigation of the explosion that caused a FPSO to sink near Escravos.
Shell reportedly set to delay Bonga Southwest Aparo by another two years
Sources at Nigerian National Petroleum Corp. (NNPC) and Shell (UK) have told S&P Global Platts that the start date for the Bonga Southwest Aparo project had been pushed back by another two years.
NOC says Honeywell UOP interested in southern refinery
Renergen signs LNG supply deal with Ceramic Industries
South Africa’s Renergen announced on February 3 that it had signed an agreement with Ceramic Industries, a subsidiary of Cape Town-based Italtile, for supplies of LNG.
FPSO ‘Trinity Spirit’ explodes, sinks off Nigerian coast
Nigeria: Elumelu says Heirs Holding sometimes loses over 50% of oil output to theft
Tony Elumelu, the chairman of Nigerian independent Heirs Holding, said on Tuesday (February 2) that his company sometimes lost more than half of its oil production in the Niger River Delta to theft.
NLNG hailed for directing all LPG production to domestic market
The Nigeria LP Gas Association (NLPGA) has hailed the Nigeria LNG (NLNG) consortium for its decision to direct all of its LPG production to the domestic market.
OPEC+ makes quick decision but adding production will be harder
Ghana's government restores Price Stabilisation and Recovery Levy
NPA suspends Price Stabilisation and Recovery Levy (PSRL).
Sonangol hopes new import terminal will improve domestic fuel supplies
Angola’s national oil company Sonangol is hoping that the launch of a new import terminal in Porto do Lobito will help improve supply conditions on the domestic fuel market.
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