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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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Petrobras unloads its last Nigerian assets
Petrobras, the state-owned oil company of Brazil, has wrapped up its operations in Africa by finalising the sale of its remaining Nigerian assets.
Moving ahead on Senegal's first oil project
Eni says hull of Coral South FLNG vessel is complete
Italy’s Eni reported on January 14 that it had marked the completion of the hull of a floating LNG (FLNG) vessel that will be used for the Coral South LNG project in Mozambique.
NNPC head: Nigeria is focusing on condensate
Mele Kyari, the group managing director of Nigerian National Petroleum Co. (NNPC), said at the weekend that his country was taking a new approach to compliance with the production quotas set by OPEC and its allies.
Equatorial Guinea gearing up for new oil and gas projects
Gabriel Mbaga Obiang Lima, Equatorial Guinea’s Minister of Mines and Hydrocarbons, said at the weekend that his country intended to launch a number of new oil and gas initiatives this year.
Privately owned Nigerian company expands modular refinery
Nigeria’s Department of Petroleum Resources reported last week that a privately owned company had significantly expanded the capacity of its modular refinery in Ogbele, a town in Rivers State.
South Sudan seeks partner for environmental audit of oilfields
The government of South Sudan has called a tender for an environmental audit of the country’s oilfields.
Sonatrach awards $3.7bn refinery contract to Spanish-Korean consortium
Algeria’s national oil company (NOC) Sonatrach has awarded a $3.7bn contract for work on a new grassroots oil refinery to a joint venture formed by South Korea’s Samsung Engineering and Spain’s Técnicas Reunidas.
Sudan backtracks on plan to end fuel subsidies
Libyan refinery put at risk of shutdown after missile attack
Algeria awards $3.7bn refining contract
Zenith Energy set to acquire majority stake in operator of Congolese oilfield
UK-based Zenith Energy is set to make its first move into Africa via the purchase of a majority stake in AIM-listed Anglo African Oil & Gas Congo.
Nigeria may be heading for trouble
Nigeria's oil minister is optimistic about the prospects for positive change in the hydrocarbon sector, but he may be speaking too soon.
Nigeria planning to resume work on Ogidigben gas complex
Nigeria’s federal government has announced the revival of a major natural gas initiative that has been on hold for the last five years.
Uganda gives Oranto, Armour permission to proceed with exploration
The Petroleum Authority of Uganda (PAU) has authorised two foreign companies to continue exploration work in the Lake Albert region.
South Africa unveils draft version of petroleum law
South Africa’s Department of Mineral Resources and Energy recently unveiled a proposed oil and gas law that would reserve a minority stake in exploration and development projects for the government.
Somalia’s upper house passes Petroleum Law in third reading
The Federal Republic of Somalia has taken a step towards the introduction of a new law that will govern the oil and gas industry.
Algerian government wants a closer look at Energean/Edison deal
The Algerian government has asked Italy’s Edison to discuss its upcoming acquisition by UK-listed Energean.
Nigeria LNG makes FID on Train 7 expansion project
The Nigeria LNG (NLNG) consortium revealed in late December that it had made a final investment decision (FID) on the construction of a seventh production train at its natural gas liquefaction plant on Bonny Island.
Turkish-Libyan maritime accord raising tensions
Tensions remain high in the Eastern Mediterranean as Turkey talks about conducting joint exploration work with Libya and blocking the construction of the EastMed gas pipeline.
Indonesian company preparing to drill at Mozambique’s Búzi block
Buzi Hydrocarbons, a subsidiary of Indonesia’s Energi Mega Persada (EMP), is reportedly preparing to drill its first exploration well at the onshore Búzi block in central Mozambique.
Equatorial Guinea extends ExxonMobil’s licence for two offshore blocks
Equatorial Guinea’s Ministry of Mines and Hydrocarbons reported on December 16 that it had extended ExxonMobil’s licence for two offshore blocks known as EG-11 and EG-06.
NNPC, partners sign FEED contract for condensate refinery project
State-owned Nigerian National Petroleum Corp. (NNPC) and two private Nigerian companies signed a front-end engineering and design (FEED) contract for a condensate refinery project at the weekend.
Algeria’s new president seen aiming for more oil and gas investment
Algeria’s government is likely to continue seeking foreign investment for oil and gas projects following the election of Abdelmadjid Tebboune as president.
Springfield Energy confirms major oil discovery offshore Ghana
Springfield Exploration and Production (SEP) confirmed last week that it had discovered sizeable hydrocarbon reserves at West Cape Three Points Block 2 (WCTP Block 2), located offshore Ghana.
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