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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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Orca seeking to sustain gas production at Songo Songo field
Canada-based Orca Energy Group said earlier this week that it had taken steps to shore up production levels at Songo Songo, an natural gas field offshore Tanzania.
NDPR chief says Nigerian government is too critical of independent operators
Layi Fatona, the CEO of Niger Delta Petroleum Resources (NDPR), has asserted that the Nigerian government is too critical of the country’s independent oil and gas companies.
NRG: Bad news, good news
Amid bad news including the explosion in Lebanon and concerns about security at storage facilities in Libya, progress is being made elsewhere, with a licensing round launched in Somalia and a major acquisition announced in Canada.
Trouble looming in Libya
NOC’s chairman warns of risks to Libya's export terminals’ storage facilities, as Egyptian-Greek maritime accord steps up territorial disputes.
Ugandan refinery construction likely to be postponed again
Uganda’s plan for building a refinery to process crude oil from fields near Lake Albert is likely to face further delays.
Invictus Energy makes progress towards agreement on Zimbabwean project
Australia’s Invictus Energy is moving closer to striking a deal for the exploration and development of a block known as Special Grant 4571 in Zimbabwe.
Somalia launches first offshore bidding round
Somalia’s government has launched its first offshore licensing round and is reportedly planning to wrap up the auctions early next year.
Afreximbank commits $400mn to Mozambique LNG
The African Export-Import Bank (Afreximbank) is to commit up to $400mn in guarantees and direct lending to support the Area 1 LNG Project in Mozambique.
Kenya reports more delays for lake shipments of fuel to Uganda
Kenya Pipeline Co. (KPC) has said it does not expect to begin deliveries of petroleum products to Uganda via port facilities in Kisumu on schedule in January 2021.
Nigeria’s next step
Nigeria has reiterated its pledges to remain in compliance with OPEC+ production quotas, but it is likely to keep up its long-standing habit of quota-busting.
Pertamina said to be in talks with Occidental on African assets
The US major Occidental Petroleum (Oxy) is reported to be in talks with Pertamina, Indonesia’s national oil company (NOC), regarding the potential sale of oil and gas assets in Ghana, Algeria and the UAE.
Nigeria pins hopes on Dangote refinery
San Leon Energy acquires 10% of ACOES oil pipeline operator
Ireland’s San Leon Energy has taken a 10% stake in Malta-based Energy Link Infrastructure (ELI), the owner of an oil pipeline network now under construction in Nigeria.
Ugandan environmental authority introduces new oil waste regulations
Uganda’s National Environment Management Authority (NEMA) has adopted a new set of regulations governing the handling of waste generated during oil exploration or production.
NRG: Emerging bright spots
Even as major companies continue to report quarterly losses, world crude oil prices have remained steady and some LNG markets are still heading for growth.
Renergen completes design work for LNG plant
South Africa’s Renergen has completed design work on its planned gas liquefaction plant 22 days ahead of schedule.
NNPC head urges local oil operators to bring production costs down
Mele Kyari, the group managing director of Nigerian National Petroleum Corp. (NNPC), indicated last week that he remained concerned about the high cost of producing crude oil in the West African country.
Woodside may pre-empt Cairn’s sale of Sangomar stake to Lukoil
Australia’s Woodside Energy indicated last week that it might seek to block Russia’s Lukoil from acquiring a stake in RSSD, the consortium set up to develop the Sangomar block offshore Senegal.
Turkana County officials demand more information on Tullow’s Kenya projects
Local officials in Turkana County have demanded additional information on the activities of Tullow Oil (UK/Ireland) in the South Lokichar Basin.
Sound raises funds for Moroccan gas plans
Oxy considering sale of MEA assets to Pertamina
Waiting for the law
Nigeria’s government claims to be on the verge of submitting the Petroleum Industry Bill to the National Assembly.
Bolloré wins transportation services contract from Assala Energy
Assala Energy, a Gabon-based subsidiary of the Carlyle Group (US), awarded a transport services contract to Bolloré Transport & Logistics of France last week.
Angola offers local companies preferential terms in onshore licensing round
Angola’s government is looking to give local investors an advantage in its upcoming onshore licensing round, in the form of tax breaks.
South Sudan reports oil production down more than 10.5% since January
South Sudan’s crude oil output has dropped by 20,000 barrels per day (bpd), or more than 10.5%, in the last six months, according to Awow Daniel Chuang, the undersecretary of the country’s Ministry of Petroleum.
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