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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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South Africa, Namibia to hike domestic fuel prices this week
Both South Africa and Namibia are set to see petroleum prices rise this week, owing to the increase in global crude oil prices.
Venus-1x may be largest oil find ever made in sub-Saharan Africa, Wood Mackenzie says
UK-based Wood Mackenzie has speculated that the discovery announced last week by TotalEnergies (France) at the PEL 56 licence area in Namibia’s offshore zone may be the largest oil find ever made in sub-Saharan Africa
Nigeria: Sylva voices concern about rising oil prices
Nigeria’s Minister of State for Petroleum Resources Timipre Sylva has expressed concern about the rise in world oil prices.
Nigeria: Companies blamed for contaminated fuel imports deny responsibility
Several of the companies named by Nigerian National Petroleum Corp. (NNPC) as responsible for importing contaminated gasoline into the country have denied responsibility for doing so.
Chad reappoints petroleum minister who renegotiated Glencore $1bn oil-for-cash deal
Eni brings another fast-track project deep offshore Angola online
Seplat Energy strikes $1.5bn deal to buy ExxonMobil’s shallow water assets in Nigeria
TotalEnergies announces ‘significant’ discovery offshore Namibia
Eni and Brazzaville eye gas export prospects
Eni has unveiled plans for installing 2mn tpy of LNG production capacity in the Republic of Congo’s offshore zone.
Angola transfers Block 24 from Sonangol to ANPG
Angola’s government assigned Block 24 to the National Oil, Gas and Biofuels Agency (ANPG) on February 23 for the purpose of facilitating exploration and development.
London court to hear Nigeria’s $1.7bn lawsuit against JP Morgan Chase over 2011 offshore oilfield purchase
Delek Drilling becomes NewMed Energy
Malaysian piping specialist Wah Seong secures $254.1mn East African Crude Oil Pipeline contract
China’s Sinopec to establish $179mn LNG storage tank in Algeria
Libya's state-owned oil utility NOC opens new oilfield
Declaration of Niamey revives Trans-Saharan gas pipeline
Tullow Oil partners Forestry Commission to develop carbon offset projects
Tullow Oil Ghana and the Forestry Commission of Ghana have signed a memorandum of understanding (MoU) that enable them to identify and develop carbon offset projects that will facilitate the achievement of both parties climate objectives.
Zimbabwe: Head of ZIPAWU union complains about fuel retailers’ use of contract labour
Samuel Hova, the president of the Zimbabwe Petroleum and Allied Workers Union (ZIPAWU), has complained that too many of the country’s fuel sellers have hired contract workers rather than salaried employees.
Egypt: Havfram wins SURF support contract for Zohr gas field
Havfram (Norway) is slated to provide support for subsea umbilicals, risers and flowlines (SURF) systems at Zohr, a natural gas field offshore Egypt, under a new contract with Saipem (Italy).
Somalia’s president hastily cancels offshore exploration deal with Coastline Exploration
Somalia’s President Mohamed Abdullahi Mohamed has moved swiftly to cancel oil and gas exploration deals signed at the weekend by Minister of Petroleum and Mineral Resources Abdirashid Mohamed Ahmed.
Eiffage finishes all 21 caissons for FLNG breakwater at GTA field
Eiffage Genie Civil (France) has finished building all 21 of the caissons that will form a breakwater protecting the FLNG vessel at the Greater Tortue/Ahmeyim (GTA) gas field offshore Senegal and Mauritania.
AfrOil: TotalEnergies said to be heading for a big discovery offshore Namibia
Early reports indicate that TotalEnergies (France) has made a major discovery at Venus-1x, its wildcat exploration well at the PEL 56 licence area offshore Namibia.
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