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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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Uganda hopes Total will reach FID stage by August
Ugandan Energy Minister Goretti Kitutu has said she hopes France’s Total will make a final investment decision (FID) on a group of oil projects worth $10bn within the next few months.
Kenyan fuel trader touts rail and barge route for fuel shipments
The head of a Kenyan fuel trading company has talked up the advantages of using Kisumu, a port on Lake Victoria, as a starting point for deliveries of petroleum products to Uganda and Tanzania.
NRG: A slow and painful recovery
The market may be showing early signs of a recovery, but for many oil and gas companies, the worst is still to come
Total abandons plan to acquire Anadarko assets in Ghana, Algeria
France’s Total has given up plans to acquire assets in Ghana and Algeria from Occidental Petroleum, the US company that bought out Anadarko Petroleum last year.
Somalia gears up for first offshore licensing round
Somalia’s Ministry of Petroleum and Mineral Resources has begun preparing to launch the country’s first offshore bidding round.
Head of Century Power Generation calls for expanding gas-to-power schemes in Nigeria
The head of Century Power Generation has urged Nigeria to move forward with plans to expand the use of gas as a fuel for electricity production.
NLNG eyes Nigerian domestic market
The Nigeria LNG (NLNG) consortium has said it hopes to start selling some of its production on the domestic market.
South African oil storage capacity draws interest from US companies
US crude oil producers are reportedly showing strong interest in storage capacity in South Africa.
NLNG awards $4bn EPC contract for Train 7
Fuel price cuts in Malawi, Zimbabwe and Tanzania
Drivers in Malawi, Zimbabwe and Tanzania are paying less for gasoline and diesel, even as they drive less.
Kosmos Energy describes pandemic’s impact on African projects
US-based Kosmos Energy has reported that the coronavirus outbreak had a limited effect on its operational performance in Africa during the first quarter of 2020.
Two Rosgeologiya subsidiaries to carry out exploration contract in Equatorial Guinea
Two state-controlled Russian companies have agreed to conduct an onshore exploration project in Equatorial Guinea.
Angolan aircraft operator signs three-year contract with ExxonMobil
ExxonMobil has awarded a three-year contract to Bestfly, an Angolan aircraft operator.
PetroNor, Senegalese government suspend dispute over two offshore blocks
Oslo-listed PetroNor and the government of Senegal have agreed to suspend arbitration of a dispute concerning two offshore blocks, Senegal Offshore Sud Profond (SOSP) and Rufisque Offshore Profond (ROP).
Nigeria not overcoming weak oil demand with price cuts
Nigeria is reportedly still struggling to reduce its backlog of unsold crude oil cargoes, and it may continue to do so despite its latest round of price cuts.
Tanzania says work on EACOP could begin next April
Construction work on the East Africa Crude Oil Pipeline (EACOP) may begin in April of next year, according to Tanzanian Energy Minister Medard Kalemani.
Ghana instructs Eni, Springfield E&P to unitise Sankofa and Afina fields
Ghana’s government has instructed Italy’s Eni and Springfield E&P, a local company, to team up to develop two adjacent offshore licence areas.
Local content still a matter of concern, despite crude market meltdown
Equatorial Guinea and Uganda are both trying to prepare local contractors for the next oil boom.
Zimbabwe, Invictus hope to sign PSA on Cabora Bassa project soon
Zimbabwe’s government has said it expects to conclude negotiations with Australia’s Invictus Energy on a production-sharing agreement (PSA) for the Cabora Bassa project in the near future.
W-Industries wins subsea support services contract for Mozambique LNG project
France’s Total has chosen Texas-based W-Industries as its contractor for subsea support services related to the non-downstream components of the $20bn Mozambique LNG project.
Nigeria’s Seplat Petroleum reports oil output up, revenues down in Q1-2020
Seplat Petroleum says its production rose while revenues declined in Q1-2020.
Nigeria not likely to change benchmark oil price for 2020 budget
Nigeria’s government is reportedly satisfied with a benchmark oil price of $30 per barrel for its 2020 budget, even though world crude markets remain weak.
FAR looking to sell its minority stake in Sangomar
Australia’s FAR Ltd said last week that it had decided to sell all or part of its minority stake in RSSD, the joint venture set up to develop the Sangomar block offshore Senegal, owing to difficulty in securing financing.
Rwandan fuel importers seek tax break for excess supplies
The Rwanda Association of Petroleum Products Importers (RWAPI) is reportedly pressing the government to help its members transfer excess fuel supplies to privately owned storage depots.
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