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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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Lower oil prices pose trouble for Nigeria
The collapse of the OPEC-plus deal highlights Nigeria's vulnerability.
South African companies urged to seek LNG-related contracts in Mozambique
Several South African businesspeople said during the Africa Gas Forum in Cape Town last week that their country had the potential to benefit from the development of natural gas resources in Mozambique.
Angola hoping to see more filling stations built in eastern regions
Angola’s Ministry of Mineral Resources and Petroleum has begun drawing up plans for the expansion of the country’s network of retail filling stations.
Nigerian government issues sovereign guarantees for Chinese pipeline credit
Nigeria’s federal government has pledged to provide a sovereign guarantee covering most of the costs of building the Ajaokuta-Kaduna-Kano (AKK) natural gas pipeline.
South Sudan’s practice of advance oil sales draws criticism
One of the factions in South Sudan’s new coalition government has called for changes in the way Juba handles revenues from crude oil production.
Nigerian independent prepares to commission first phase of modular refinery
Nigeria’s Waltersmith Refining & Petrochemical (WR&P) has said it expects to complete the first phase of a modular refinery at the Ibigwe oilfield in Imo State ahead of schedule.
Nord Stream 2 pipelaying vessel bound for Egypt
Trying too hard to escape the resource curse?
A Ugandan newspaper has faulted President Museveni and his team for taking an overly rigid approach to revenue division and getting itself mired in tax disputes.
Eni finishes gas pipeline in Algeria’s Berkine Basin
Italy’s Eni has wrapped up construction work on a pipeline that will facilitate the export of natural gas and associated gas from hydrocarbon fields in the Berkine Basin in south-eastern Algeria.
Sonangol hopes to sell off 30% of equity by 2027
Sebastião Gaspar Martins, the chairman of Sonangol, revealed last week that Angola’s national oil company (NOC) was heading for partial privatisation.
Ghana’s president hopes for FID on Pecan project soon
Ghana’s President Nana Akufo-Addo said last week that he hoped Aker Energy (Norway) would make a decision about the development of the Pecan offshore field in the near future.
South Sudan hopeful of reaching oil production target in 2020
South Sudan’s government is reportedly optimistic about its chances of reaching oil production targets this year, despite problems in the field.
Somalia working with Shell, ExxonMobil to update status of 1990 agreements
Somalia’s Ministry of Petroleum and Natural Resources is working with ExxonMobil (US) and Royal Dutch Shell (UK/Netherlands) to resolve the status of several offshore blocks to which it was originally granted access in 1990.
Zenith scales back in Azerbaijan
Ghana sees tax dispute over sale of Anadarko assets to Total resolved soon
Ghana’s government has said it expects to resolve the tax dispute that has delayed efforts by Total (France) to buy assets owned by Occidental Petroleum (US) in the near future.
Sangomar contractor taps Shawcor for pipe-coating services
Canada’s Shawcor revealed last week that it had agreed to support London-based Subsea 7’s work at Sangomar, an oil-bearing block offshore Senegal.
Banks seek advisory role for Egyptian refining IPO
Egypt to expand gas processing complex
NOCAL optimistic about Liberia’s upcoming licensing round
National Oil Company of Liberia (NOCAL) has high hopes of finding commercial reserves of crude oil in the blocks that will be offered to foreign investors later this year, according to a high-ranking company representative.
Africa Energy finalises farm-out deals for Block 2B with AziNam, Panoro
Canada’s Africa Energy said on February 25 that it had brought two new companies on board for the exploration of Block 2B, which lies offshore South Africa.
Angolan service company begins building new drilling platform for Takula field
Algoa, an Angolan oilfield services provider, has begun building the first of three new drilling platforms for installation at Takula, an offshore oilfield within the Block 0 licence area operated by the US major Chevron.
Fuel shortages persist in north-eastern and south-western Sudan
Shortages of motor fuel seem to have eased in Khartoum and surrounding areas, but supplies remain scarce in the north-eastern and south-western regions of Sudan.
Tullow Oil remains optimistic about Kenyan project
Tullow Oil’s Kenyan division remains optimistic about plans for development of three licence areas in the South Lokichar Basin.
Head of Libya’s NOC says US intervention could mitigate harm to oil sector
The head of Libya’s National Oil Corp. (NOC) said last week that he hoped the US government would intervene to help end the conflict between rival factions fighting for control of Tripoli.
ADM Energy to raise stake in Nigeria’s OML 113
UK-based ADM Energy has arranged to increase its holdings in OML 113, a block located offshore Nigeria that includes the Aje oilfield.
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