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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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NNPC to cede frontier exploration work to new upstream agency
Nigeria's proposed oil law calls for a new upstream agency to monitor exploration work in frontier basins.
ExxonMobil, Sonangol sign exploration contracts for three offshore blocks
Angola’s National Agency of Petroleum, Gas and Biofuels (ANPG) has signed new exploration contracts with ExxonMobil for three new deepwater licence areas in the Namibe Basin.
Tullow brings Jubilee field’s total production up to 300mn barrels
Tullow Oil (UK/Ireland) reported last week that one of its subsidiaries, Tullow Ghana Ltd (TGL), had marked a production milestone at Jubilee, its largest Ghanaian asset.
South Sudan attributes output decline to challenges facing DPOC
South Sudan’s largest oil producer, Dar Petroleum Operating Co. (DPOC), has recently seen production levels sink from 130,000 barrels per day to 115,000 bpd, according to Awow Daniel Chuang, the country’s Petroleum Minister.
Tanzania gives green light to Aminex’s farm-out deal for Ruvuma
UK-based Aminex has secured the Tanzanian government’s approval for its farm-out deal with ARA Petroleum of Oman.
Ghana’s Cenpower signs gas supply deal with government
Ghana National Petroleum Corp. (GNPC) has agreed to supply natural gas to Cenpower Generation Co. (CGC), the operator of the Kpone Independent Power Plant (KIPP) near Accra.
NRG: Countervailing forces
Oil prices and energy demand are under pressure on both sides from storms, COVID-19 outbreaks and climate concerns.
Trinity in talks on $500mn refinery in South Sudan
NNPC extends oil-for-fuels scheme
Shell affiliate hires Nigerian company to build gas distribution pipelines
Shell Nigeria Gas (SNG), an affiliate of Royal Dutch Shell (UK/Netherlands), has contracted a Nigerian company to build distribution pipelines that will serve a facility established by the Nigeria Content Development and Monitoring Board (NCDMB).
Outlines of Nigeria’s new oil and gas regime becoming clearer
As more details of the PIB come to light, Nigeria appears to be working towards significant changes and greater transparency.
Libyan oil output reportedly approaching 300,000 bpd
Libya has reportedly succeeded in boosting crude oil output levels more than three-fold since the lifting of a blockade on its Mediterranean export terminals.
Golar LNG, BP strike agreement on delivery date for Gimi FLNG vessel
Bermuda-registered Golar LNG has struck a deal with BP (UK) on setting a new target date for the conversion of the Gimi LNG tanker into a floating LNG (FLNG) unit for the Greater Tortue/Ahmeyim project offshore Senegal/Mauritania.
NLNG sees LPG output rising to 350,000 tonnes this year
Nigeria LNG (NLNG), the four-member consortium that operates a natural gas liquefaction plant on Bonny Island, is aiming to produce some 350,000 tonnes of LPG in 2020, up from 275,000 tonnes last year.
NRG: Oil enters choppy waters
South Sudan’s Nilepet outlines development and expansion plans
South Sudan’s national oil company (NOC) Nilepet is looking to expand its domestic operations and become a vertically integrated firm.
India greenlights Bharat Petroleum’s Mozambique LNG plans, but with a caveat
India’s government has reportedly authorised a Bharat Petroleum Corporation Ltd (BPCL) subsidiary to proceed with investment in the Mozambique LNG project, despite lingering questions about the company's past decisions.
Angola reports oil production up slightly in August
Angola’s National Agency of Petroleum, Gas and Biofuels (ANPG) said last week that the country had seen crude oil production rise slightly in the month of August.
Total sees oil demand peaking in 2030
Ups and downs as OPEC+ levels broadly maintained
Egypt kicks off $2.5bn hydrocracker project
Libyan oil production set to rise as three terminals re-open
Libya’s National Oil Corp. (NOC) expects to see crude production levels rise to 260,000 barrels per day (bpd) by the end of this week, following the re-opening of some coastal export facilities.
South Africa pledges support for Mozambican LNG projects
South Africa has pledged to support gas development in neighbouring Mozambique.
Sonangol reports profits down in 2019
Angola’s national oil company (NOC) Sonangol has reported that its net profits declined significantly in 2019.
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