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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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Sources say Total may drop stake in Angola’s Block 14
France’s Total is reportedly looking into unloading at least one of its Angolan assets.
Sudan prepares to launch al-Rawat oilfield
Aiman Aboujoukh, the general manager of Sudan’s national oil company (NOC) Sudapet, said last week that his company was preparing to bring a new oilfield on stream.
NRG: COVID-19 vaccine lifts hopes
Libya's Zawiya refinery back on stream
Workers protest at Dangote oil refinery
Local content in Angola
Angolan President João Lourenço has issued a decree outlining the new legal regime governing local content in oil and gas projects.
Libyan oil output reportedly at 850,000 bpd
Libyan crude oil output has continued to rise over the last week and is now rapidly approaching the level of 900,000 barrels per day prevailing before the imposition of a blockade in mid-January.
Impact expands foothold in South Africa’s offshore zone
UK-based Impact Oil & Gas has substantially expanded its foothold in South Africa’s offshore zone by arranging to take the lead on the Area 2 project.
DPR says marginal fields bidding round is ongoing
Nigeria’s Department of Petroleum Resources (DPR) confirmed last week that it had not yet wrapped up the marginal fields licensing round launched earlier this year.
Wintershall affiliate transfers operatorship of two Sirte Basin oilfields to JV with NOC
An affiliate of Germany’s Wintershall Dea has begun transferring assets in the Sirte Basin to a new joint venture with Libya’s National Oil Corp. (NOC).
Total discovers more condensate offshore South Africa
France’s Total has discovered sizeable gas condensate reserves at Luiperd, a field within Block 11B/12B in the Outeniqua basin offshore South Africa.
Mozambique issues decree clarifying laws on oil and gas infrastructure
Mozambique’s government has issued a decree designed to supplement existing laws on oil and gas infrastructure in advance of the construction and completion of new LNG plants and associated production, transportation and processing facilities.
Sonangol, Gemcorp take FID on Angolan oil refinery
Total, Tanzania sign HGA on EACOP project
France’s Total has concluded a host government agreement (HGA) with Tanzania on the construction of the East Africa Crude Oil Pipeline (EACOP), which will pump production from fields in Uganda to the coast on the Indian Ocean.
NRG: Balancing optimism with caution
Libya back on track
The UN-brokered ceasefire agreement between GNA and LNA may bring Libya's oil production back up to year-ago levels soon.
Uganda’s efforts to attract more bids in second licensing round fail
Uganda’s Ministry of Energy effectively confirmed last week that its effort to attract more bids to the country’s second oil licensing round had failed.
Nigeria’s PIB would fold PPPRA, PEF into new agency
The Nigerian government’s proposed oil and gas law, known as the Petroleum Industry Bill (PIB), looks set to fold two of the existing agencies that regulate the downstream sector into a new agency.
Opposition party faults Transnet for oil pipeline spill
South Africa’s Democratic Alliance (DA) party has demanded that Transnet Pipelines (TPL) be held responsible for a pipeline breach that caused several thousand litres of crude oil to spill into the Umbilo River.
NRG: Time for guarded optimism
Tullow clears last government-related hurdles to Ugandan farm-out deal
Tullow Oil (UK/Ireland) revealed in a statement last week that it was much closer to finalising the sale of its assets in Uganda to France’s Total after meeting “all the government-related conditions to closing” the deal.
Auditors raise questions about NNPC’s ability to remain a going concern
The auditors of Nigerian National Petroleum Corp. (NNPC) have cast doubt on the state-owned firm’s ability to continue as a going concern.
Cease-fire deal should help Libyan oil output continue to rise
Libyan crude oil output is set to rise even further, following the signing of a cease-fire agreement between the UN-backed Government of National Accord (GNA) and the Libyan National Army (LNA) headed by Khalifa Haftar.
Angola’s oil minister says sustaining production is “top priority”
Angola’s Minister of Mineral Resources, Petroleum and Gas Diamantino Azevedo has said that he sees stemming production declines as the most important task for the country’s oil industry amidst the coronavirus (COVID-19) pandemic.
Aminex, ARA finalise farm-out deal for Ruvuma block
UK-based Aminex has finalised its Tanzanian farm-out deal with ARA Petroleum of Oman.
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