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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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Nigeria’s crude output rises 5.5% y/y in August as OPEC compliance reaches 96%
Nigeria’s crude oil production rose 5.5% year on year in August to 1.43mn bpd, according to upstream regulator NUPRC, which put output at 96% of the country’s current 1.5mn bpd OPEC quota.
Kenyon announces focus on Nigeria’s brownfield oil revival
Nigerian oilfield services company Kenyon, which specialises in brownfield optimisation, marked its 10th anniversary in Lagos with a pledge to expand its role in bringing idle or mature wells back into production.
Nigeria’s NNPCL targets $60bn upstream investment by 2030 under new deepwater PSCs amid move to rewrite oil rules
TotalEnergies secures four exploration permits offshore Liberia
France’s energy supermajor TotalEnergies has signed Production Sharing Contracts (PSC) for four deepwater blocks offshore Liberia, marking the company’s return to frontier exploration in West Africa.
ReconAfrica upsizes offering to $13.2mn to advance Gabon, Namibia projects
ReconAfrica has upsized its underwritten public offering to $13.2mn to advance exploration on its offshore Ngulu Block in Gabon and continue drilling at the Kavango West-1X well in Namibia.
Egypt increases fertiliser export quota amid rising production
The Egyptian government has raised the export quota for local fertiliser companies from 45% to 55% of total production. The move follows an increase in factory capacities and ensures access to full contractual gas supplies.
South Sudan officials diverted $2.2bn from Oil for Roads scheme, UN report finds, citing “systemic” corruption
A UN inquiry on South Sudan finds systemic corruption and fiscal mismanagement – and falling oil output – are driving hunger, economic collapse, and a worsening human rights crisis.
Oil India says $20bn Mozambique LNG project to restart by December as Islamist rebellion eases
State-owned Oil India expects a $20bn Mozambican liquefied natural gas (LNG) project in which it holds 10% interest to resume development by December
TotalEnergies signs four PSCs with Liberia amid 2024 licensing round
TotalEnergies has signed four Production Sharing Contracts with Liberia covering offshore blocks LB-6, LB-11, LB-17 and LB-29. Chevron and ExxonMobil held offshore acreage between 2010 and 2015 but exited with no commercial discoveries.
Nigeria’s president ends six-month emergency rule in oil-rich Rivers State, reinstates governor
President Tinubu said the measure was necessary to halt a drift “towards anarchy” following disputes over the state budget. He also cited pipeline vandalism as a factor in the decision to suspend local institutions.
Oregen Energy ups WestOil stake to 48.5%, deepens Orange Basin block play
Canadian junior Oregen Energy lifts its WestOil stake to 48.5%, tying the move to new financing as majors drive Namibia’s Orange Basin toward appraisal and development.
South African court annuls Eskom’s authorisation to build gas-to-power plant in Richards Bay
South African Supreme Court of Appeal (SCA) on September 17 annulled a government permit issued to the state-owned power utility Eskom to build a gas-to-power plant in Richards Bay.
Libya discusses water treatment plant at main oilfields with US firm HWB
Libya’s Arabian Gulf Oil Company (AGOCO) has discussed with US-based HWB arrangements to launch a water treatment project at the Messla and Nafoura oilfields
Nigeria clears $18.2bn in oil and gas field development plans to lift output
The $18.2bn worth of approvals mark among the largest investment commitments in Nigeria's O&G sector since the 2021 Petroleum Industry Act (PIA) was adopted, underpinning the target to raise crude capacity above 3mn bpd.
Egypt secures deal with Eni to export Cyprus’ Cronos gas field output
Egypt has agreed with Italy’s energy major Eni to re-export the entire production of Cyprus’ deepwater Cronos gas field in the Eastern Mediterranean
Chevron signs $610mn deal to extend Israeli gas exports to Egypt
US energy major Chevron announced a deal with Israel’s state-owned pipeline operator to construct the Nitzana pipeline, which will transport natural gas from the Leviathan field to Egypt,
IEA warns that output at existing oil and gas fields is falling faster than expected
Analysis of thousands of reservoirs shows that many of the largest conventional fields have already peaked, while unconventional sources such as shale need constant drilling to maintain production.
South Africa grants long-term lease extensions to oil majors, energy traders at Durban’s strategic fuel hub
South Africa has granted long-term lease extensions to international oil majors and trading houses, including BP and Vitol, at the Island View Precinct, the country’s most important fuel import and storage hub in Durban.
Egypt sets for likely last fuel price hike, will not require new IMF programme
Egyptian Prime Minister Mostafa Madbouly announced a potential increase in gasoline prices in October, noting it could be the last if current trends continue
Iraq ranks second among OPEC oil producers in August
Iraq was the second-largest crude oil producer in OPEC in August 2025, according to the latest figures released by the Organisation of the Petroleum Exporting Countries (OPEC)
Ghana’s Kwame Ntow Amoah takes helm of African oil producers’ bloc
Ghana’s state oil chief Kwame Ntow Amoah has been appointed chairman of the African Petroleum Producers’ Organisation (APPO).
Ghana to drill two new oil wells by 2026 as president Mahama woos investors
President John Dramani Mahama said Ghana’s state energy firm will drill two new exploration wells by the third quarter of 2026, as his government pushes to attract investors and reduce reliance on costly fuel imports.
South Africa’s Constitutional Court to rule on Shell’s Wild Coast oil exploration rights
Lawyers representing South African coastal communities and environmental groups are challenging a Supreme Court of Appeal order allowing energy supermajor Shell to apply for a renewal of oil exploration rights.
Nigerian president advances oil bill placing NNPCL under control of Finance Ministry, upstream regulator
President Bola Tinubu has endorsed a bill that would undermine the "independence" of NNPCL, shifting ownership to the Finance Ministry and handing new powers to upstream regulator NUPRC.
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