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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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Uganda approves ESIA for EACOP
Uganda’s National Environmental Management Authority (NEMA) confirmed last week that it had approved the environmental and social impact assessment (ESIA) conducted for the East Africa Crude Oil Pipeline (EACOP) project.
Despite friction, OPEC+ reaches output compromise
EBRD agrees to provide up to $25mn senior secured reserve based loan to SDX Energy Morocco
Egyptian LNG plant set for restart after eight-year hiatus
TechnipFMC kicks off work at Egyptian hydrocracker
Eco Atlantic secures new licences for four sites offshore Namibia
Canada’s Eco (Atlantic) Oil & Gas has expanded its footprint in Namibia’s offshore zone.
Botswana Oil Ltd seeks to ensure national fuel supplies
Botswana Oil Ltd (BOL) has pledged to work harder to ensure adequate fuel supplies in the wake of recent shortages.
Angola commits to partial privatisation of Sonangol
The government of Angola, Africa’s second-largest crude oil producer, is preparing to sell off part of its stake in the national oil company (NOC) Sonangol.
Buhari says state must ensure crude supplies to independent refineries
Nigerian President Muhammadu Buhari has expressed strong support for independent oil refineries by ordering government agencies and state-controlled companies to ensure deliveries of feedstock to such plants.
Tullow hoping for a comeback
Tullow Oil’s new investment plan focuses on West Africa but also identifies opportunities in South America and East Africa.
NRG: While OPEC meets, life goes on
OPEC rift delays talks with partners
NGOs file suit in a bid to block EACOP project
Four non-governmental organisations (NGOs) from Uganda, Kenya and Tanzania are making an attempt to block the construction of the East Africa Crude Oil Pipeline (EACOP).
Ugandan presidential candidate criticises current government’s approach to oil
A candidate in Uganda’s next presidential election, scheduled for January 2021, has criticised the current administration’s handling of oil investments and revenues.
Exxon, Total in talks over Mozambique resource-sharing deal
EAIF lends $31mn to Tema regasification scheme
Complex conjugates
High operating costs may pose challenges for companies seeking to explore the potential of conjugate basins on both sides of the Atlantic Ocean.
Local content to account for at least 55% of work on NLNG’s Train 7
Nigeria LNG (NLNG) intends to rely on local providers for at least 55% of the work that will be done on the Train 7 expansion project, according to Tony Attah, the managing director and CEO of the consortium.
Waltersmith commissions modular refinery in Nigeria’s Imo State
Waltersmith Petroman Oil Ltd, a private Nigerian company, commissioned the first phase of the new modular refinery it has built at the Ibigwe oilfield in Imo State on November 24.
Cameroon extends GDC’s exploration licence for Matanda block
Gaz du Cameroun (GDC), a Cameroon-based subsidiary of UK-headquartered Victoria Oil & Gas (VOG), has secured an extension of its exploration licence for the onshore Matanda block.
NRG: Forward momentum
Welcome to the latest edition of NewsBase’s Roundup Global (NRG), in which our team of international editors provide you with a snapshot of some of the key issues affecting their regional beats.
PetroNor takes control of two blocks offshore Guinea-Bissau
Norway’s PetroNor has acquired majority stakes in the Sinapa and Esperança blocks offshore Guinea-Bissau through its purchase of SPE Guinea Bissau, a subsidiary of Sweden’s SPE (Svenska Petroleum Exploration).
NNPC urged to cut production costs
The head of National Petroleum Investment Management Services (NAPIMS), a corporate service unit of Nigerian National Petroleum Corp. (NNPC), has called on his company to reduce its production costs to no more than $10 per barrel.
Total may expand Libyan operations
France’s Total has reportedly expressed interest in expanding its investments in Libya.
Scirocco reports on Ruvuma exploration programme
The joint venture that is developing the Ruvuma block in Tanzania is preparing to move ahead with exploration work, according to UK-based Scirocco Energy.
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