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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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ANPG board member sees $67.4bn flowing into Angolan oil and gas over the next five years
Angola’s oil and gas industry is set to absorb more than $65bn worth of investment over the next five years, according to a representative of the National Oil, Gas and Biofuels Agency (ANPG).
WOC to restart El-Farag gas field’s second stage next month
Waha Oil Co. (WOC), a subsidiary of Libya’s National Oil Corp. (NOC), is on track to bring the second stage of the El-Farag natural gas field back on line in less than two weeks.
Sylva sees Nigerian MPs passing PIB in April
Timipre Sylva, Nigerian Minister of State for Petroleum Resources, has said he expects the National Assembly to pass the country’s new oil and gas law, known as the Petroleum Industry Bill (PIB), within the next month.
Tullow unveils $4.4bn investment plan for Ghanaian oilfields
Tullow Oil (UK/Ireland) has reiterated that it sees Ghana as one its main long-term investment targets.
Uganda delays launch of EACOP, Tilenga projects following Magufuli’s death
Uganda has pushed the start date for development of the Tilenga oilfield and construction of the East Africa Crude Oil Pipeline (EACOP) back to April.
Invictus subsidiary signs agreement on Cahora Bassa project
Australia’s Invictus Energy has signed a petroleum exploration development and production agreement (PEDPA) for Special Grant 4571, a licence area located in Zimbabwe’s Cabora Bassa basin.
With Zinder refinery closed, Niger suspends exports
NNPC to take diminished role in Port Harcourt
LNG becomes global shipping fuel
AfrOil: Mozambique’s security setback
The Mozambique LNG consortium has suffered another serious setback within the last week.
Shell Egypt signs two oil and gas exploration agreements in Herodotus Basin offshore Med
Giant container ship blocks Suez Canal, disrupts LNG deliveries
Shipping through the Suez Canal was blocked when one of the world’s largest container ships ran aground after being blown off course by a sandstorm at the southernmost stretch of the canal close to Suez City. The blockage has disrupted LNG transit.
Government questioned over Port Harcourt revamp
Mombasa refinery could be revived with biofuels plan
Azikel Petroleum appoints Chemie Tech as EPC contractor for modular refinery project
Azikel Petroleum, a subsidiary of Nigeria’s Azikel Group, has appointed UAE-based Chemie Tech to serve as its engineering, procurement and construction (EPC) contractor on a modular refinery project.
ADM becomes indirect investor in offshore Barracuda field
Nigeria’s ADM Energy is set to join the effort to develop Barracuda, an oilfield within the shallow-water licence area known as OML 141, through its acquisition of a majority stake in London-based K.O.N.H. UK.
Tunisia reviewing regulations governing Skhira oil terminal
Tunisia’s Transport and Logistics Minister Moez Chakchouk reported last week on the status of efforts to determine the fate of the Skhira oil terminal.
AfrOil: Pros and cons of PIB
Obo Idornigie, vice-president of sub-Saharan African research for Welligence Energy Analytics, recently discussed the strengths and weaknesses of Nigeria’s Petroleum Industry Bill (PIB) with AfrOil.
Iraq and Egypt continue pipeline extension talks
Ugandan MPs seek more information on government’s EACOP borrowing plan
Members of Uganda’s Parliament are seeking more information before approving the government’s plan to borrow the money it needs to cover its 15% stake in the East Africa Crude Oil Pipeline (EACOP).
Cautious outlook for Nigeria’s deepwater oilfields
Nigeria's passage of a new oil law will not remove all obstacles to deepwater investments by IOCs, according to Welligence Energy Analytics.
Tatneft hopes to resume work in Libya this year
Nail Maganov, the CEO of Tatneft (Russia), said last week that his company intended to resume work at its oilfields in Libya sometime this year.
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