AfrOil - Africa Oil & Gas

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Oil & Gas

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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.

 AfrOil is fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.

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Sources say Total may drop stake in Angola’s Block 14

10 November 2020

France’s Total is reportedly looking into unloading at least one of its Angolan assets.

Sudan prepares to launch al-Rawat oilfield

10 November 2020

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.

Local content in Angola

4 November 2020

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

4 November 2020

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

3 November 2020

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

3 November 2020

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

3 November 2020

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

3 November 2020

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

3 November 2020

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.

Total, Tanzania sign HGA on EACOP project

3 November 2020

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.

Libya back on track

28 October 2020

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

28 October 2020

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

27 October 2020

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

27 October 2020

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.

Tullow clears last government-related hurdles to Ugandan farm-out deal

26 October 2020

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

26 October 2020

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

26 October 2020

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”

26 October 2020

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

26 October 2020

UK-based Aminex has finalised its Tanzanian farm-out deal with ARA Petroleum of Oman.

Edited by

Jennifer deLay

Editor

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