AfrOil - Africa Oil & Gas

Dangote makes progress at Nigerian refinery

TechnipFMC wins $1bn+ contract for Egyptian hydrocracker

Bump in the road

Tullow Oil’s exit from Kenya is likely to be slow and complicated, owing to local officials’ questions about costs, force majeure declarations and other issues.

JBIC, private Japanese banks to lend $14bn to Mozambique LNG

A group of Japanese private and public-sector lenders has agreed to provide JPY1.5 trillion ($13.95bn) worth of financing for the Mozambique LNG scheme.

NRG: Bracing for the second wave

Libya’s Mesla oilfield back online

Agoco, a subsidiary of Libya’s National Oil Corp. (NOC), has reportedly resumed production at Mesla, an oilfield in the eastern part of the country that has been offline for almost six months.

Aminex, ARA Petroleum move closer to finalising farm-out deal in Tanzania

ARA Petroleum (Oman) is one step closer to assuming operatorship of the Ruvuma project in Tanzania.

Angola bristles under pressure to implement OPEC+ production cuts

Angola’s government has reportedly decided that it cannot comply with the terms of the production quota regime that was adopted by the OPEC+ group in April and extended in June.

Sasol to return licences for two blocks offshore Mozambique

South Africa’s Sasol revealed on July 6 that it intended to give up its exploration licences for the shallow-water sections of Blocks 16 and 19, two adjacent sites lying offshore Mozambique.

Fire breaks out at Cape Town refinery

Sasol to shed stake in Nigerian GTL plant

South African court scraps dodgy fuel tender

LNA ready to negotiate on the resumption of oil production

Forces loyal to Khalifa Haftar, the leader of the Libyan National Army (LNA), are ready to negotiate with the Government of National Accord (GNA) on putting an end to the blockade that has kept the country’s oil industry on hold since January.

Saudi Arabia raises concerns about Nigerian oil production levels

Saudi Arabia appears to be concerned about Nigeria’s willingness to comply with the production quotas set by the OPEC+ group.

FAR defaults on cash payment to Sangomar JV

Australia’s FAR has not responded to a request to help cover operational costs at the Sangomar block offshore Senegal.

NRG: Trying to adapt

World oil markets have found some support over the last week, but companies are still adjusting to the new price environment.

Nigerian pipeline progress

Nigeria’s gas-to-power programme hinges on the success of pipeline projects, which have a mixed record.

Sound Energy signs HoT with Moroccan firm for micro-LNG project

UK-listed Sound Energy hopes to team up with a local partner to distribute and market production from the small-scale gas liquefaction plant it intends to build at the Tendrara licence area in eastern Morocco.

Botswana seeks to compensate for slowdown in South African fuel imports

Meshack Tshekedi, the CEO of Botswana Oil Ltd (BOL), said last week that his company was taking steps to compensate for a slowdown in petroleum product deliveries from South Africa.

Tanzania gearing up for HGA talks on EACOP with Total

Tanzania’s government reportedly expects to begin negotiations with France’s Total on a host government agreement (HGA) for the construction of the East Africa Crude Oil Pipeline (EACOP) in the near future.

UKEF set to back Mozambique LNG

Total extends LNG agreement with Sonatrach

France’s Total and Algeria’s Sonatrach have agreed to extend their existing LNG supply partnership by three years.

Zimbabwe fuel prices spike after dollar cap lifted

Bilfinger wins new MENA contracts

OPEC+ settles on plan to compensate for exceeding output quotas in May

OPEC+ has instructed Nigeria and other overproducers to compensate for their lapses in May by making additional cuts.