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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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Algeria’s natural gas exports increase y/y in Q1 2021
South Sudan calls tender for environmental audit of oil industry
South Sudan’s Ministry of Petroleum has launched a tender for an environmental audit of the country’s hydrocarbon sector.
ReconAfrica says drilling data confirms the presence of a working petroleum system in Kavango Basin
Reconnaissance Energy Africa (ReconAfrica) and Namibia's Ministry of Mines and Energy say preliminary analysis of data from the 6-2 well points to the presence of a working conventional petroleum system in the Kavango basin.
FAR receives another takeover offer from Remus Horizons
Remus Horizons, a private investment fund, has submitted a new takeover offer for Australia’s FAR Ltd, a minority shareholder in the Sangomar block offshore Senegal.
Nigeria reportedly revises PIB to cut tax, royalty rates
Nigeria’s government has reportedly agreed to revise provisions of the Petroleum Industry Bill (PIB), the oil and gas law now under discussion in the National Assembly.
New Tema refinery to be denied permit
AfrOil: Nigeria adds tax, royalty cuts to PIB
Nigeria’s government has reportedly agreed to revise provisions of the Petroleum Industry Bill (PIB), the oil and gas law now under discussion in the National Assembly.
Naftogaz Group increased Egyptian oil production by 20%
United Oil and Gas gross proven and probable reserves in Abu Sennan increase by 24% y/y to 16.8mn boe
ADNOC’s listing bent turns to Fertiglobe
EACOP ready to launch
Uganda, Tanzania, Total and CNOOC are very close to clearing all the paperwork needed to start construction work on the 1,445-km EACOP pipeline.
Senegal secures funding, support for gas pipeline plan
Senegal’s sovereign wealth fund and the state natural gas concern, Senegal Gas Network (SGN), have secured financing and support for the government’s plan to establish a domestic gas pipeline network.
Senegal explores options for improving local service companies’ access to financing
Although Senegal’s government has yet to finalise and adopt a law setting local content standards for investors in oil and gas projects, it is exploring several options for improving local service providers’ access to financing.
Mauritania tasks Meen/EPCM consortium with developing gas master plan
Mauritania’s Ministry of Petroleum, Mines and Energy has tasked a consortium formed by a local firm and its South African partner with developing a master plan for the development of the country’s natural gas resources.
NSML says Nigeria should establish dry-docking facilities for NLNG tankers
NLNG Ship Management Ltd (NSML), which provides marine transport management services for the Nigeria LNG (NLNG) consortium, has cast a spotlight on Nigeria’s lack of domestic dry-docking capacity.
NNPC using rail lines to transport sections of pipe for AKK project
Nigerian National Petroleum Corp. (NNPC) has begun using rail lines to deliver sections of pipe to construction sites to facilitate work on the Ajaokuta-Kaduna-Kano (AKK) natural gas pipeline.
PFG group threatens to disrupt shipments from Sharara oilfield
Members of the Petroleum Facilities Guard (PFG) have threatened to disrupt shipments from Sharara, Libya's largest oilfield, if a pay dispute is not resolved by April 2.
Tanzania’s new president aims to push LNG project ahead
Samia Suluhu Hassan, the new president of Tanzania, said last week that she wanted to push a long-delayed LNG project led by Equinor (Norway) and Royal Dutch Shell (UK/Netherlands) forward.
Morocco’s SOMAGEC to build storage terminal at Damerjog complex
SOMAGEC, a Moroccan port and maritime infrastructure company, will support efforts to establish an oil-refining and petrochemical complex at the Damerjog Industrial Park (DDIP) in Djibouti by building a new storage terminal.
ADM Energy hopes to contract Eunisell for work at Barracuda oilfield
Nigeria’s ADM Energy hopes to contract Eunisell, a local provider of oil and gas production solutions, for future work at Barracuda, an oilfield within the shallow-water licence area known as OML 141.
ANPG official says onshore bidding round may create 5,000 new jobs
Hermenegildo Buila, the business director of Angola’s National Oil, Gas and Biofuels Agency (ANPG), has said he expects the country’s onshore bidding round to lead to the creation of as many as 5,000 jobs in the hydrocarbon sector.
AfrOil: New agreements clear the way for EACOP
The governments of Uganda and Tanzania have joined representatives of France’s Total and China National Offshore Oil Corp. (CNOOC) in finalising host government agreements (HGAs) for the East Africa Crude Oil Pipeline (EACOP) project.
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