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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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Transit fees from Chad-Cameroon oil pipeline up 2.5% in 10M-2020
Cameroon’s Pipeline Steering and Monitoring Committee (PSMC) said last week that it had seen earnings from crude oil shipments through the Chad-Cameroon pipeline rise slightly in the first 10 months of the year.
Invictus urged to sponsor job creation, infrastructure projects in Zimbabwe
Tribal leaders in the Muzarabani district of Zimbabwe’s northern Mashonaland Central Province have urged Australia’s Invictus Energy to sponsor local job creation and infrastructure initiatives as it explores the Special Grant 4571 block.
Nigeria needs to capitalise more on gas wealth: NLNG
NNPC opens tender for fuel supplies
OVL’s mixed upstream fortunes
India’s state-run ONGC Videsh Ltd (OVL) has had something of a mixed week, with good news onshore Colombia being offset by a missed acquisition opportunity in Senegal’s deep waters.
Will China remain central to Sudan’s oil sector?
Recent improvements in US-Sudanese relations may shift power away from state-owned Chinese oil majors, but change is not likely to occur overnight.
NNPC head: NLNG shareholders now discussing Train 8
Shareholders in the Nigeria LNG (NLNG) consortium have begun discussions on the construction of an eighth production train at their natural gas liquefaction plant on Bonny Island.
NRG: Oil market strategising
Policy decisions made this past week will have both long and short-term ramifications for the wider energy sector.
Explosion rocks South African oil refinery
Africa Energy: Results from Luiperd-1x highlight potential of Outeniqua Basin
Drill stem test results from Luiperd-1x, an deepwater exploration well drilled within Block 11B/12B offshore South Africa, indicate that the Outeniqua Basin is a “world-class hydrocarbon province,” according to Canada’s Africa Energy.
BP launches new drilling programme at Platina field offshore Angola
Angola’s National Agency of Petroleum, Gas and Biofuels (ANPG) reported last week that BP (UK) had launched a new drilling programme at Platina, a section of the offshore licence area known as Block 18.
Woodside pre-empts FAR’s planned sale of Sangomar stake in OVL
Australia’s Woodside Petroleum has opted to block the planned sale of a minority stake in RSSD, the joint venture set up to explore and develop the Sangomar block offshore Senegal, by FAR Ltd to a subsidiary of India’s OVL.
Mozambique launches new fuel storage terminal
Uganda approves ESIA for EACOP
Uganda’s National Environmental Management Authority (NEMA) confirmed last week that it had approved the environmental and social impact assessment (ESIA) conducted for the East Africa Crude Oil Pipeline (EACOP) project.
Despite friction, OPEC+ reaches output compromise
EBRD agrees to provide up to $25mn senior secured reserve based loan to SDX Energy Morocco
Egyptian LNG plant set for restart after eight-year hiatus
TechnipFMC kicks off work at Egyptian hydrocracker
Eco Atlantic secures new licences for four sites offshore Namibia
Canada’s Eco (Atlantic) Oil & Gas has expanded its footprint in Namibia’s offshore zone.
Botswana Oil Ltd seeks to ensure national fuel supplies
Botswana Oil Ltd (BOL) has pledged to work harder to ensure adequate fuel supplies in the wake of recent shortages.
Angola commits to partial privatisation of Sonangol
The government of Angola, Africa’s second-largest crude oil producer, is preparing to sell off part of its stake in the national oil company (NOC) Sonangol.
Buhari says state must ensure crude supplies to independent refineries
Nigerian President Muhammadu Buhari has expressed strong support for independent oil refineries by ordering government agencies and state-controlled companies to ensure deliveries of feedstock to such plants.
Tullow hoping for a comeback
Tullow Oil’s new investment plan focuses on West Africa but also identifies opportunities in South America and East Africa.
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