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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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Petronas may not participate in South Sudan’s first bidding round
Petronas (Malaysia) has indicated that it may not submit any bids in South Sudan’s first oil licensing round, which was launched last month.
Slight delay for first gas from GTA
BP (UK) has pushed the target date for starting production at Grand Tortue/Ahmeyim, an offshore natural gas-bearing block that straddles the maritime border between Mauritania and Senegal, back to the third quarter of 2023.
At long last, Nigeria passes PIB
Africa’s largest oil producer is on track to adopt a new petroleum law that has been in the works for more than a decade, but it will take time to assess the impact of this development.
Overdue payments may be driving Sonangol’s decision to sell some offshore assets
Angola’s national oil company (NOC) Sonangol has reportedly fallen far behind on its financial obligations to its foreign partners.
Qatar Petroleum takes 25% stakes in three blocks offshore South Africa
Qatar Petroleum has arranged to expand its co-operation with TotalEnergies (France) in South Africa’s offshore zone by participating in the exploration of three additional blocks.
Oil output declining in South Sudan
South Sudan’s government has expressed concern about a decline in oil output levels.
British firm proposes Zimbabwe fuel link
OPEC+ plans in disarray as meeting is cancelled
AfrOil: Nigeria passes PIB at long last
Both houses of Nigeria’s National Assembly voted on July 1 to pass the Petroleum Industry Bill (PIB), which will serve as the country’s new oil and gas law.
Petronas rethinks African investment strategy
Malaysia’s state-owned Petronas is not only rethinking its participation in South Sudan’s first oil licensing round but is also reportedly looking to exit South Africa’s fuel retail sector.
NNPC MD explains Dangote investment plans
Sonangol hires Vitol and TOTSA for fuel imports
Nigeria’s gas plans
Nigeria's government has proclaimed a “Decade of Gas” but may have difficulty realising its ambitions.
Edo modular refinery ready for action
Workers at Doba block strike as ExxonMobil plans stake sale to Savannah
Workers at the Doba block in Chad have staged a strike in response to the news that ExxonMobil (US) intends to sell its stake in the site to UK-based Savannah Energy.
GOIL seeks partner for DW/CTP project
Ghana’s state-controlled oil marketing concern has started looking for a new partner in the Deepwater Cape Three Points (DW/CTP) project.
Brazzaville to unveil Gas Master Plan at AEW 2021 in November
The Republic of Congo’s Ministry of Hydrocarbons is set to unveil its new Gas Master Plan (GMP) in November, during the Africa Energy Week (AEW) 2021 conference.
Mozambique, South Africa pre-empt Sasol’s planned sale of ROMPCO stake
The governments of Mozambique and South Africa have decided to pre-empt the planned sale of a minority stake in the Republic of Mozambique Pipeline Company (ROMPCO) by Sasol (South Africa).
MPs say National Assembly will pass PIB by mid-July
Members of Nigeria’s National Assembly are reportedly working to wrap up discussions on the proposed oil and gas law, known as the Petroleum Industry Bill (PIB), by mid-July.
Ghanaian court rules against Eni in court battle over Sankofa/Afina unitisation
Springfield Exploration and Production, a privately owned Ghanaian company, has scored a victory in its legal battle with Italy’s Eni over the unitisation of two offshore licence areas, Sankofa and Afina.
DFFE rejects Karpowership’s applications for LNG-to-power projects
South Africa’s Department of Forestry, Fisheries and the Environment (DFFE) has decided against giving Karpowership (Turkey) permission to go ahead with three LNG-to-power projects.
ExxonMobil confirms Mauritania exit
ExxonMobil (US) is planning to exit Mauritania, where it has exploration licences for three offshore blocks known as C-14, C-17 and C-22.
AfrOil: Developments in Ghana’s offshore zone
Ghana’s offshore zone is in the spotlight this week, with Eni (Italy) losing a court case to a local company and state-owned Ghana Oil (GOIL) seeking a new partner to replace ExxonMobil (US) in the DW/CTP project.
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