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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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Kosmos sells stakes in African, South American projects to Shell
Kosmos Energy (US) has arranged to sell its stakes in four African and South American exploration projects to an affiliate of Royal Dutch Shell (UK/Netherlands).
Total, Egypt's OLA team up for fuel terminal
NNPC denies graft at AKK gas pipe
Sonatrach hires contractors for pipe work
Total Tanzania says it has no plans to exit the country
The Tanzanian division of France’s Total has denied reports that it is preparing to exit the East African country, where it has a chain of around 100 retail filling stations.
Chariot Oil & Gas raises reserve estimate for Lixus block after re-processing data
Chariot Oil & Gas (UK) has wrapped up efforts to re-process 3D seismic data from the Lixus block offshore Morocco.
East Med ambitions
Egypt has stepped up efforts to expand energy ties with nearby states, despite the hazardous geopolitical environment.
Renergen says its LNG auctions drew more interest than expected
Renergen said last week that its upcoming LNG auctions, the first of their kind in South Africa, had attracted more interest than anticipated.
DRC gives Perenco a green light for associated gas-to-power project
The government of the Democratic Republic of Congo (DRC) has authorised the Anglo-French company Perenco to move forward with a gas-to-power project.
NRG: A sense of uncertainty
World oil markets have regained some ground, but the industry continues to experience conflict on a number of fronts.
Iraq export expansion focuses on Jordan
USTDA grants Senegal $1.3mn for gas pipeline study
The US Trade and Development Agency (USTDA) has pledged to provide the government of Senegal with funding for the study of a natural gas pipeline project.
Woodside signs binding agreement on acquisition of Cairn’s Sangomar stake
Australia’s Woodside Energy has struck a deal for the acquisition of UK-based Cairn Energy’s entire equity stake in RSSD, the joint venture established to explore and develop the Sangomar block offshore Senegal.
Angola reports oil revenues up in July
Official data from Angola’s government show that the country’s revenues from oil sales rose by more than 3.5% in the month of July.
Angola emphasises exploration
Angola wants oil production to remain at or above 1mn bpd until 2040 – and it wants to expand exploration activity to achieve this aim.
EPRA head says price hikes, emergency imports helped Kenya avoid fuel shortages
Kenya’s Energy and Petroleum Regulatory Authority (EPRA) has said that recent price increases and emergency procurement campaigns are helping the country to avoid petroleum product shortages.
NRG: Risks to stability
Report: Security threats likely to linger in Mozambique despite security pact with Total
The memorandum signed last week between Total (France) and the government of Mozambique may serve to improve security arrangements for the Mozambique LNG project without improving security conditions in surrounding areas of the country.
BW Energy sees output rising at Dussafu Marin block in 2020
BW Energy (Norway) expects to see gross oil production levels rise this year at the Dussafu Marin licence area offshore Gabon.
Sylva says PIB will reduce the tax burden on oil and gas sector
Nigerian Minister of State for Petroleum Resources Timipre Sylva has indicated that the government’s proposed Petroleum Industry Bill (PIB) will reduce the tax burden on the oil and gas sector.
Nigerian Senate orders investigation of NLNG dividend withdrawal charges
Nigeria’s Senate has ordered a probe of allegations that the Nigeria LNG (NLNG) consortium illegally appropriated $18bn over a 15-year period.
FAR reveals details of its latest moves on Sangomar project
Australia’s FAR has issued a statement clarifying its latest moves with respect to RSSD, the joint venture set up to develop the Sangomar block offshore Senegal.
Total begins drilling Luiperd-1X well offshore South Africa
France’s Total and its partners have spudded the Luiperd-1X well at Block 11B/12B offshore South Africa.
South Sudan hoping to replace CNPC and other IOCs as operator
South Sudan has reportedly decided to assume control over domestic oilfields as contracts with various international oil companies (IOCs) expire.
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