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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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Egypt, Syria, Lebanon sign long-promised gas supply contract
Egypt, Syria and Lebanon have signed a long-promised natural gas supply contract under which Egypt will use the Arab Gas Pipeline, which crosses Jordan and Syria, to deliver 650mn cubic metres per year of gas to Lebanon.
United Oil & Gas spuds Al Jahraa-14 development well at Abu Sennan onshore Egypt
United Oil & Gas (UOG) announced on June 21 that it had spudded the Al Jahraa-14 (AJ-14) development well at Egypt's onshore Abu Sennan licence area.
Ghanaian energy think tank urges President Akufo-Addo to save Tema refinery
The Institute for Energy Security (IES), an Accra-based think tank, has urged Ghana’s President Nana Addo Dankwa Akufo-Addo to save the state-owned Tema Oil Refinery (TOR) from collapse.
Chevron signs MoU with EGAS on infrastructure for East Med gas transport, export
Chevron signed an MoU with state-owned EGAS on June 20 concerning co-operation in the transportation of natural gas from East Mediterranean fields to Egyptian LNG plants.
Burkina Faso: IFC, local energy firm Sodigaz deepen partnership to supply clean, reliable energy
South African energy minister’s call to buy cheap Russian crude criticised by opposition
South Africa: Energy Minister Mantashe’s call to buy cheap Russian crude critised by opposition
Islamic State takes credit for fatal attack on Mozambique mine, hits district as President Filipe Nyusi visits
Nigeria: NCDMB, NEXIM Bank establish $40mn Women in Energy Fund
Nigeria: NCDMB, NEXIM Bank establish $40mn Women in Energy Fund
Eni says first volumes of gas have been loaded into Coral Sul FLNG offshore Mozambique
The Coral South LNG consortium is set to begin producing LNG on schedule in the second half of 2022, as it has begun loading natural gas into the Coral Sul FLNG vessel at Area 4 offshore Mozambique.
Eyes on African refining as fuel pinch persists
Kenya to adjust refined oil product prices to phase out subsidies
Kenya intends to phase out the subsidy of petroleum products to create fiscal space for the government to support targeting spending on productive sectors.
Tanzania LNG’s potential pitfalls
The initial HGA on Tanzania LNG represents a triumph for President Samia Suluhu Hassan, who has been working hard to revive the stalled $30bn deal, but the project’s timeline may be overly ambitious.
AfrOil: TotalEnergies makes FID on $850mn CLOV Phase 3 project
Angola’s National Agency for Petroleum, Gas and Biofuels (ANPG) says France’s TotalEnergies has made a final investment decision on the $850mn Phase 3 development project at the CLOV oilfields within Block 17.
London high court rules against Nigeria in suit over Malabo oil deal
A London high court has ruled against Nigeria's government in a case related to fraud claims over the sale of OPL 245 to Eni and Shell.
Tanzania: Scirocco to sell 25% stake in Ruvuma PSA to Wentworth
AIM-listed Scirocco Energy announced has arranged to sell its 25% stake in the Ruvuma block in southern Tanzania to UK-based Wentworth Resources.
SDX Energy completes drilling at MSD-24 infill development well on Meseda field in its West Gharib concession
Tanzania signs HGA to kick-start $30bn LNG project
Mauritius to finish soliciting expressions of interest for LNG-to-power project this week
The Central Electricity Board (CEB) of Mauritius will wrap up the process of accepting expressions of interest for an LNG-to-power contract this week.
Shell reportedly accepted bids for SPDC stake from 2 Nigerian firms on June 10
Two Nigerian companies, ND Western Ltd and Heirs Oil and Gas Ltd, were expected to submit final offers to Shell (UK) for a 30% stake in the SPDC joint venture by the due date of June 10.
ANPG notes TotalEnergies’ FID on Phase 3 development of CLOV
Angola’s ANPG said on June 10 that France’s TotalEnergies had made a final investment decision on Phase 3 development at the CLOV oilfields at Block 17.
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