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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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Nigeria anticipates import reprieve
AfrOil: McDermott, Sinopec on track to win $2bn Ugandan contract
US-based McDermott International has joined forces with Sinopec International Petroleum Service Corp. (SIPSC), a subsidiary of China’s Sinopec, to provide support services at the Tilenga oilfield in Uganda.
Pharos Energy drills a production well in the El Fayum concession in Egypt’s Western Desert
Yinson to carry out pre-FEED study for FPSOs in Suriname, Angola
Malaysia’s Yinson Holdings has won a contract from TotalEnergies (France) for a pre-FEED study of two FPSO units that the latter company will use to develop fields offshore Suriname and Angola.
NNPC seeks Afreximbank help for Dangote move
Tanzania reports progress in talks on LNG project
Tanzania’s government is reportedly making progress in talks with Equinor (Norway) and Royal Dutch Shell (UK/Netherlands) on the resumption of work at an LNG project worth $30bn.
Orezone, Genser sign PPA for LNG-to-power project in Burkina Faso
US-based Genser Energy has agreed to set up a small-scale LNG-fuelled power plant in Burkina Faso to Orezone Gold Corp. (Canada) for use at the Bomboré gold mine.
DPR says 80 companies won Marginal Oilfield Bid Round
Sarki Auwalu, the director of Nigeria’s Department of Petroleum Resources (DPR), said last week that about 80 companies had been named as the winners of the country’s second bidding round for marginal fields.
Mombasa Gas Terminal to use World Bank loan for LPG terminal construction
International Finance Corp. (IFC), an arm of the World Bank, has reportedly agreed to lend a Kenyan fuel company about $23mn for the construction of the first phase of a new LPG terminal.
Uganda shortlists four companies in second bidding round
Uganda’s Ministry of Energy and Mineral Development has shortlisted four companies as the top bidders in its second licensing round.
Zimbabwe aims to attract more oil and gas investment, minister says
Winston Chitando, Zimbabwe’s Minister of Mines and Mining Development, said last week that his country’s government saw oil and gas projects as an important means of attracting investment to the country.
Nigeria now aims to pass PIB in June
Nigerian legislators now aim to pass the proposed oil and gas law, known as the Petroleum Industry Bill (PIB), in June.
Savannah in advanced discussions on acquisition of ExxonMobil assets in Chad, Cameroon
UK-based Savannah Energy is looking to acquire a package of upstream and midstream assets in Chad and Cameroon from ExxonMobil (US).
Dangote kicks off urea production
AfrOil: Savannah seeks ExxonMobil assets in Chad, Cameroon
UK-based Savannah Energy is looking to acquire a package of upstream and midstream assets in Chad and Cameroon from ExxonMobil (US).
IGU upbeat on global LNG outlook
The International Gas Union’s annual LNG report is upbeat on the outlook for global LNG, and has talked up the role the fuel will play in post-pandemic recovery and the energy transition.
BP, Eni reportedly discussing multiple options for Algerian assets
BP (UK) and Eni (Italy) have reportedly begun talks on a proposal that would see the latter company take control of the former’s assets in Algeria.
Work begins on Temane GTP project
Mozambique’s government has marked the beginning of work on a natural gas-to-power (GTP) project designed to expand domestic electricity supplies.
PIAC urges Ghana’s government to collect overdue surface rental payments
Ghana’s Public Interest and Accountability Committee (PIAC), which monitors the handling of petroleum revenues, has urged the government to collect overdue surface rental payments from the operators of offshore licence areas.
Nigerian government seeks to clear bottlenecks in domestic LPG credit programme
Nigeria’s government is reportedly looking for ways to help local fuel retailers access credits that Abuja has made available to encourage the sale of CNG as motor fuel and LPG as cooking fuel.
Senegal’s government approves transfer of FAR’s Sangomar stake
Australia’s FAR Ltd has secured the Senegalese government’s approval for its planned sale of a minority interest in the Sangomar block to Woodside Energy, another Australian firm.
Fugro Ghana begins survey of Pecan oilfield
Fugro Ghana has reportedly begun carrying out geophysical and geotechnical (G&G) survey work at the Pecan oilfield under a contract with Aker Energy Ghana.
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