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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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NUPRC reports on proceeds from marginal field auctions
Nigeria’s government has taken in approximately NGN174bn ($420mn) from the second Marginal Fields Bidding Round (MFBR) as of January 28.
Sylva hails petroleum ministry’s performance
Nigeria’s Minister of State for Petroleum Resource Timipre Sylva delivered a favourable assessment of his agency’s performance.
UNOC sees EACOP FID on February 1
Zenith Energy doubles oil production in Tunisia by April 2022
KPA says Kipevu terminal receiving healthy interest
Dangote set for 2022 launch as Nigeria awaits
Afreximbank to assist NNPC to obtain $5bn in loans
The African Export-Import Bank (Afreximbank) pledged on January 27 to assist Nigeria’s national oil company with a $5bn fundraising effort.
Nigeria puts PIA on hold
Following tumult over the elimination of gasoline price subsidies, Nigeria's federal government delays full implementation of the new petroleum law.
Tullow sees combined Jubilee/TEN oil output remaining nearly steady in 2022
Tullow Oil (UK/Ireland) has said that the Jubilee oilfield and Tweneboa-Enyenra-Ntomme (TEN) block offshore Ghana will yield 102,000-110,000 barrels per day of crude oil in 2022, compared to 107,700 bpd in 2021.
Buhari administration seeking to postpone Petroleum Industry Act implementation, minister says
The administration of Nigerian President Muhammadu Buhari intends to propose an 18-month extension of the term for implementation of the Petroleum Industry Act (PIA) adopted last August.
Nigeria keeps gasoline subsidy in place
Nigeria’s government has abandoned plans for eliminating gasoline subsidies as of July 2022.
Kenya begins work on the next phase of LAPSSET
FAR accelerating evaluation of Bambo-1 data
Australia’s FAR Ltd is accelerating efforts to evaluate data gathered from Bambo-1, an exploration well drilled at a site adjacent to Sangomar, a field discovered offshore Senegal, in the zone controlled by The Gambia.
GNGC sees more than three-fold increase in gas flows between 2016 and 2021
State-owned Ghana National Gas Co. (GNGC) has reportedly seen the volume of natural gas flowing through its transportation and distribution pipelines climb more than three-fold over the last five years.
AfrOil: Dangote refinery eyes start-up in H2-2022
The exact starting date of the new Dangote oil refinery will be dependent on the outcome of a testing programme that is due to wrap up late in the third quarter of 2022, a plant official has said.
Tanzania hopes new legal advisor will assist with signing of HGA on LNG project
Tanzania’s government is still eager to sign a host government agreement (HGA) on the Tanzania LNG project by April of this year and hopes that the hiring of a legal advisor will help move the deal forward, Energy Minister January Makamba has said.
Liberia: NOCAL head joins Africa Oil Week advisory board
Saifuah-Mai Gray, president and CEO of the National Oil Co. of Liberia (NOCAL), has accepted an invitation to join the advisory board of Africa Oil Week (AOW), a prestigious annual industry conference.
GCC Services wins camp contract for major Uganda crude oil project
Dubai based GCC Services has won contract to provide camp services for Tilenga field of crude oil production in Albertine basin in western Uganda.
Nigeria: Plant official comments on start date for Dangote refinery
A representative of the Dangote refinery has said that the exact start date of the new oil-processing plant will depend on the outcome of a testing programme that is due to wrap up late in the third quarter of 2022.
Nigeria seeks to expand use of CNG as vehicle fuel
Nigeria’s government has presented a plan for expanding the sale of CNG at retail filling stations to operators in the downstream sector.
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