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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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TransGlobe Energy natural production declines in Egypt to be offset by well optimisation activities
BP, Eni reportedly seek to raise up to $2bn for Angola joint venture
BP and Eni are seeking to raise up to $2bn for their emerging oil and gas joint venture in Angola, banking and industry sources say.
South Africa forges ahead with South Sudan oil deal - report
South Africa's $1bn investment in South Sudan's oil industry is expected to kick off in November. South Africa plans to enter South Sudan in November to start working on the deal it made with the country two years ago, according to a report.
Chariot signs MoU on green hydrogen project in Mauritania
UK-based Chariot said earlier this week that it had signed a memorandum of understanding (MoU) with Mauritania’s Ministry of Petroleum, Mines and Energy on a proposed green hydrogen project.
Angola awards nine blocks in onshore licensing round
Angola’s National Oil, Gas and Biofuels Agency (ANPG) has identified the winners of the recently concluded bidding contests covering nine onshore blocks in the Kwanza and Lower Congo basins.
Eni launches Cabaça North at Block 15/06
Italy’s Eni said last week that it had launched the Cabaça North development project at Block 15/06 offshore Angola.
APT, Aminex award AGS contract for 3-D seismic survey of Ruvuma
Africa Geophysical Services (AGS) of Oman has won a contract for the acquisition of seismic data from the Ruvuma block in southern Tanzania.
Tanzania, Uganda discuss local content requirements for EACOP project
Government officials and businessmen from Tanzania and Uganda met earlier this week to discuss local content requirements from the East Africa Crude Oil Pipeline (EACOP).
Buhari nominates members of government’s new upstream, downstream agencies
Nigerian President Muhammadu Buhari has asked members of the Senate to confirm his nominees for the boards of the two new state agencies that will oversee the country’s oil and gas sector.
Ghana’s BOST dismisses $26mn in claims filed by fuel distributors
Bulk Oil Storage and Transportation (BOST), Ghana’s state fuel import concern, has revised the total amount of compensation payments owed to bulk distribution companies downward by $26mn following an audit.
Libya approves establishment of refinery near El Sharara
Association gives South Africa refinery warning
AfrOil: Eni launches Cabaça North at Block 15/06
Italy’s Eni has launched the Cabaça North development project at Block 15/06 offshore Angola.
South African petroleum industry warns refineries could become obsolete
South Africa’s petroleum refinery capacity could become obsolete within two years if the government pushes ahead with its plans to force ultra-low sulphur fuel on the country.
Cairn and Cheiron Petroleum complete acquisition of Shell’s onshore Egypt assets for $646mn
Tullow unveils new plan for Kenya
Tullow Oil and its partners are looking to extract more oil from Blocks 10BB and 13T in the South Lokichar basin.
South African energy company plans a green reform with new ambitious emissions targets
South African energy and chemicals company Sasol announced ambitious emissions reduction targets on 22 September, and will not be investing in new coal projects. Instead it is changing direction to a new sustainable solutions business.
Libyan PM says Sanalla will remain in place as NOC chairman
Libya’s Prime Minister Abdul Hamid Dbeibah has taken action to ensure that Mustafa Sanalla, the long-time chairman of Libya’s National Oil Corp. (NOC), will remain at his post.
Tanzania says it is discussing fertiliser project with several potential partners
Tanzania’s government says it is in talks with several potential investors on a fertiliser project that would make use of locally produced natural gas.
Liberia, Cote d’Ivoire discuss plans for fuel supply deal
Officials from Liberia and Côte d’Ivoire gathered in Abidjan last week to discuss proposals for a fuel supply agreement.
Nigeria establishes NNPC Ltd as new NOC
Nigerian President Muhammadu Buhari has issued an order authorising the incorporation of Nigerian National Petroleum Corporation Ltd, in line with the recently signed Petroleum Industry Act.
Petrosen says Woodside has finished drilling first development well at Sangomar
Petrosen, the national oil company (NOC) of Senegal, revealed recently that Australia’s Woodside Petroleum had finished drilling its first production well at the offshore Sangomar block.
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