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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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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.
COPL to borrow from CEO to fund work at Nigeria’s OPL 226
The head of Canadian Overseas Petroleum Ltd (COPL) has agreed to help fund the company’s operations in Nigeria.
South Sudan seeks to turn the page
The establishment of a coalition government represents the best hope for the further development of South Sudan's oil resources.
Signs of relief in Sudan
Sudan's fuel crisis appears to have eased, following the government’s efforts to address problems.
NLNG consolidates remarketing plans via 10-year deal with Galp Trading
The Nigeria LNG (NLNG) consortium has signed a long-term supply deal with Galp Trading for remarketed volumes of fuel from Trains 1, 2 and 3 of the its liquefaction plant on Bonny Island.
Arbitration court rules against FAR in dispute over Sangomar stake
An arbitration court has issued a ruling that favours Woodside Petroleum in its dispute with FAR over the sale of a stake in the Sangomar block offshore Senegal.
NNPC, Total, Shell, Eni disburse $360mn for Ogoniland clean-up project
Nigeria’s national oil company (NOC) and three major international oil companies (IOCs) have released $360mn in funding for large-scale environmental clean-up work in Ogoniland.
Liberian fuel crisis rolls on
Tullow Oil strikes agreement with Ghana on offshore gas flaring
Ghanaian authorities have reportedly clarified the conditions under which Tullow Oil (UK/Ireland) will be permitted to flare associated gas from its offshore oilfields.
Uganda seeks Chinese credits to build new oil roads
Uganda’s government is reportedly preparing to borrow more than €100mn from China for an infrastructure project designed to facilitate the development of oilfields in the Lake Albert region.
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