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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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Ugandan government draws up EACOP tax bill
Uganda’s government has drafted a law designed to establish a fixed legal framework for taxation of the East Africa Crude Oil Pipeline (EACOP), which will pump crude from fields near Lake Albert to the Tanzanian coast.
Montfort acquires assets in East Africa
Montfort, an international commodities trader, is working to establish a foothold in East Africa through the acquisition of local assets.
Sonangol reveals details of IPO plan
Sonangol, the national oil company of Angola, has revealed details of its plan to issue an initial public offering of stock.
Aramco in talks for South Sudan supply deal
Protesters reportedly block more Libyan crude loading
AfrOil: Sonangol looks ahead to IPO
Sonangol, the national oil company of Angola, has revealed details of its plan to issue an initial public offering of stock.
Cairn Energy expects to complete acquisition of Shell Egypt’s Western Desert assets in Q3 2021
Egypt’s Badr-1 field’s production hits 1.5mn boe during 2020/2021
ONGC reportedly eyes Sangomar oil project
India’s state-run Oil and Natural Gas Corp. (ONGC) is reportedly in talks with Australian developer Woodside Energy over the acquisition of a stake in the offshore Sangomar oil project in Senegal.
Petrobel total production reached 93mn barrels of oil equivalent per day in fiscal year 2020/21
Sasol, CEF sign MoU on development of domestic gas sector
South Africa’s Sasol has teamed up with Central Energy Fund (CEF), a government-run developer of energy solutions, to expand the domestic natural gas sector.
ONGC Videsh may join RSSD JV
India's ONGC Videsh may seek to acquire a minority stake in RSSD, the joint venture set up to explore and develop Sangomar, an oil-bearing block offshore Senegal.
Truckers’ strike leads to fuel shortages in South Sudan
South Sudan has begun experiencing fuel shortages following protests by truck drivers over inadequate security along the roads used to import petroleum products and other goods.
IPO at the heart of NNPC’s plans
Nigeria officially recognises Anambra as oil-producing state
Nigeria’s Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has recognised Anambra as the country’s 11th oil-producing state, putting to rest an ongoing bureaucratic dispute.
Another East African pipeline faces ESG challenges
Turkana County authorities have continued to fight Kenya’s government over land acquisition for the oil pipeline component of the LAPSSET project.
Eni announces oil and gas discovery offshore Côte d’Ivoire
Italy’s Eni has discovered commercial hydrocarbon reserves at Baleine, a section of Block CI-101 offshore Côte d’Ivoire.
Sonangol signs three contracts for Barro do Dando fuel terminal
Sonangol reported last week that it had finalised several contracts related to the planned construction of a petroleum product import terminal at Barro do Dande, about 60 km north of the Angolan capital Luanda.
BW Energy finishes DHBNM-1 well, decides not to drill sidetrack
BW Energy (Norway) has wrapped up drilling work at DHBNM-1, an exploration well within the Hibiscus North section of the Dussafu Marin block offshore Gabon, and has decided against drilling a sidetrack well.
Petrofac wins contract from NOC subsidiary
Petrofac (UK) reported last week that it had secured a contract worth more than $100mn for work at the Erawin oilfield in south-west Libya.
NRGI says Ugandan oil sector’s governance rating has improved since 2017
The Natural Resource Governance Institute (NRGI), a New York-based NGO, reported last week that Uganda’s new oil sector had shown improvements in resource governance practices over the last four years.
AfrOil: Another East African pipeline faces ESG challenges
Josphat Nanok, the governor of Kenya’s Turkana county, and James Lomenen Ekomwa, an MP representing Turkana South, have criticised the government’s approach to acquiring land for the Lokichar-Lamu Crude Oil Pipeline (LLCOP).
NNPC, Kaduna State sign MoU on gas supplies and utilisation
Nigerian National Petroleum Corp. has entered into a memorandum of understanding with the Kaduna state government on increasing natural gas deliveries and consumption.
Ghana’s energy minister says government supports GNPC’s plan to acquire stakes
Ghana’s government fully supports Ghana National Petroleum Corp. (GNPC) in its effort to secure stakes in key offshore oil and gas fields, Energy Minister Matthew Opoku Prempeh said earlier this week.
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