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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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NLNG responds to MP’s charges of corruption
The Nigeria LNG (NLNG) consortium has denied allegations of unauthorised withdrawals from an account used to cover dividend payments to its largest shareholder, Nigerian National Petroleum Corp. (NNPC).
Sylva says Nigeria is working to ensure 100% compliance with OPEC+ agreement
Timipre Sylva, Nigeria’s Minister of State for Petroleum Resources, said last week that his country intended to meet all of its commitments to OPEC+, the alliance formed by OPEC, Russia and other non-member states.
Knock-on effects
Problems in South Africa’s refining sector have led to fuel shortages in neighbouring Botswana.
McDermott to provide engineering and procurement services for Azikel modular refinery
McDermott International (US) has agreed to provide further assistance to Azikel Petroleum, a subsidiary of Nigeria’s Azikel Group, on the construction of a new modular refinery in Bayelsa State.
NRG: Deep and wide – coverage round the world
Libya’s oil sector suffers setback as LNA renews blockade
Libya’s National Oil Corp. (NOC) has had to backtrack on plans for resuming commercial oil production, owing to the renewal of a blockade by troops aligned with Khalifa Haftar’s Libyan National Army (LNA).
Golar LNG’s FLNG vessel loads 40th cargo offshore Cameroon
Bermuda-based Golar LNG has reported that the Hilli Episeyo, the first vessel in the world to be converted to a floating LNG (FLNG) unit, has reached the milestone of lifting its 40th cargo offshore Cameroon.
NNPC: Nigerian gas production up 3.73% in April
Nigeria saw natural gas production levels rise slightly in April, according to the monthly financial and operations report published by Nigerian National Petroleum Corp. (NNPC) last week.
Unaoil managers convicted for Iraq graft
Ghanaian official comments on impact of disruption in oil sector
Egbert Faibille Jr., the director-general of the Ghana Petroleum Commission (GPC), said last week that his country was set to experience problems on several fronts this year as a result of disruption in the oil sector.
Dangote makes progress at Nigerian refinery
Bump in the road
Tullow Oil’s exit from Kenya is likely to be slow and complicated, owing to local officials’ questions about costs, force majeure declarations and other issues.
JBIC, private Japanese banks to lend $14bn to Mozambique LNG
A group of Japanese private and public-sector lenders has agreed to provide JPY1.5 trillion ($13.95bn) worth of financing for the Mozambique LNG scheme.
NRG: Bracing for the second wave
Libya’s Mesla oilfield back online
Agoco, a subsidiary of Libya’s National Oil Corp. (NOC), has reportedly resumed production at Mesla, an oilfield in the eastern part of the country that has been offline for almost six months.
Aminex, ARA Petroleum move closer to finalising farm-out deal in Tanzania
ARA Petroleum (Oman) is one step closer to assuming operatorship of the Ruvuma project in Tanzania.
Angola bristles under pressure to implement OPEC+ production cuts
Angola’s government has reportedly decided that it cannot comply with the terms of the production quota regime that was adopted by the OPEC+ group in April and extended in June.
Sasol to return licences for two blocks offshore Mozambique
South Africa’s Sasol revealed on July 6 that it intended to give up its exploration licences for the shallow-water sections of Blocks 16 and 19, two adjacent sites lying offshore Mozambique.
Fire breaks out at Cape Town refinery
Sasol to shed stake in Nigerian GTL plant
South African court scraps dodgy fuel tender
LNA ready to negotiate on the resumption of oil production
Forces loyal to Khalifa Haftar, the leader of the Libyan National Army (LNA), are ready to negotiate with the Government of National Accord (GNA) on putting an end to the blockade that has kept the country’s oil industry on hold since January.
Saudi Arabia raises concerns about Nigerian oil production levels
Saudi Arabia appears to be concerned about Nigeria’s willingness to comply with the production quotas set by the OPEC+ group.
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