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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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Predator Oil & Gas prepares for onshore Moroccan MOU-6 drilling
Drilling plans for the MOU-6 well in Morocco are moving forward after Predator Oil & Gas (LSE:PRD) completed civil engineering work on the well pad and received crucial perforating gun explosives at a local port
Energean in talks to acquire BP’s Egyptian assets in potential $1bn deal
London-based gas producer Energean is in exclusive talks to acquire a portfolio of BP's Egyptian upstream oil and gas assets in a deal that could generate around $1bn for the British energy major
Malawi fuel hauliers withdraw trucks after transport rate cuts
Malawian fuel transporters have withdrawn at least 100 trucks from contracts after the Malawi Energy Regulatory Authority (Mera) cut fuel haulage rates by up to about 20%, The Nation reported on August 27.
Morocco’s Predator completes MOU-6 pad as exploration drilling nears
Predator Oil & Gas Holdings (LSE: PRD) has completed construction of the well pad for its MOU-6 exploration well in Morocco, while explosives needed for potential well testing have arrived in the country as preparations for operations advance.
Nigeria’s Dangote says petrol imports may push more fuel to export markets
Dangote Petroleum Refinery said rising petrol imports were making Nigerian demand harder to forecast and could push more surplus fuel into export markets, as official data showed imports rose while domestic petrol supply and consumption fell sharply
TAG Oil targets September completion of T-200 well in Egypt amid concession delays
TAG Oil (TSXV: TAO) expects to complete drilling and completion of its T-200 well in Egypt’s Western Desert by September 30, as regulatory delays continue to hold up the revised award and expansion of the Southeast Ras Qattara concession.
Energean enters exclusive talks over BP Egypt assets in potential $1bn deal
Energean (LSE: ENOG) is in exclusive talks to acquire a portfolio of BP oil and gas assets in Egypt in a transaction that could raise about $1bn for the British energy group, Reuters reported, citing two people involved in the process.
Tanzania convenes Ntorya gas talks as Aminex seeks progress on delayed project
Aminex said it is participating in Tanzanian government-convened talks aimed at advancing the Ntorya gas development, days after its subsidiary Ndovu Resources issued a notice of dispute to project operator ARA Petroleum Tanzania.
AEC warns Wild Coast ruling could deter investment in African oil and gas
The African Energy Chamber criticised the Wild Coast ruling, saying it could weaken South Africa’s energy security and discourage investment in African oil and gas projects.
Greenpeace welcomes Wild Coast ruling as boost for South Africa's communities and renewable energy
Advocacy group Greenpeace International has welcomed South Africa’s Constitutional Court ruling against Shell’s Wild Coast exploration, saying it strengthens the rights of coastal communities and supports a shift towards renewable energy.
Ghana Gas shifts profits into infrastructure as expansion drive accelerates
Ghana Gas Company plans to reinvest earnings in infrastructure and expansion after improving profitability, as the state-owned gas company seeks to strengthen the reliability of fuel supplies to power plants and industry.
Libya signs production-sharing deal with Chevron for Sirte basin
Libya’s Tripoli-based Government of National Unity (GNU) has signed a production-sharing agreement with US energy major Chevron (NYSE:CVX) to develop the country’s oil and gas resources
Nigeria regulator lists 19 upstream licences with 2026 expiry dates
An August concession report from Nigeria’s upstream petroleum regulator lists 19 licences with stated expiry dates in 2026, although the dates do not by themselves mean the concessions have been revoked or cancelled.
Nigeria’s mature oil fields decline despite recent output recovery
Nigeria’s increased drilling activity has failed to deliver a sustained rise in crude output, as ageing fields, slow project development and investment constraints continue to weigh on production.
ExxonMobil earmarks $4bn for local content under Mozambique LNG project
ExxonMobil (NYSE: XOM) has earmarked about $4bn for local content under its Rovuma LNG project in northern Mozambique, raising expectations among domestic businesses as the US energy major moves closer to implementing the long-delayed gas project.
Egyptian president El-Sisi directs incentives for foreign oil and gas partners
Egyptian President Abdel Fattah El-Sisi has instructed the government to provide targeted incentives for foreign oil and gas partners to accelerate exploration, field development, and production rates in Egypt
Equinor targets 27% rise in production outside Norway by 2030, led by US, Brazil, Angola
Equinor is targeting equity oil and gas production outside Norway of 950,000 boed by 2030, up about 27% from 750,000 boed in Q2 2026, as it concentrates investment in a smaller portfolio led by the US, Brazil and Angola.
Shell-led Bonga South West-Aparo advances toward FID in Nigeria
Nigeria’s long-delayed Bonga South West-Aparo deepwater oil project has moved closer to a final investment decision after state oil company NNPCL and its partners executed contractual amendments implementing new fiscal and commercial terms.
Tanzania advances first small-scale LNG project
The agreement is a key step towards a final investment decision (FID), with commercial operations targeted for 2027.
South Africa’s Efora Energy faces liquidation application from Seodi Coal
South African oil and gas company Efora Energy (JSE: EEL) is opposing a liquidation application brought by privately held coal supplier Seodi Coal, adding to uncertainty around the company as it pursues a potential recapitalisation.
Tower Resources advances Namibia and Cameroon farm-outs, raises bridge funding
Tower Resources (AIM: TRP) has moved closer to completing farm-out transactions with Pakistan-based upstream company Prime Global Energies, with its Namibia deal awaiting final ministerial execution of assignment documents and its Cameroon approvals.
Brazil’s Petrobras targets four offshore blocks in Ghana
Petrobras has entered direct negotiations for exploration contracts covering four offshore blocks in Ghana’s Keta Basin after the country’s Ministry of Energy and Green Transition approved its application.
Mozambique’s gas sector development shifts from potential to project delivery, says AEC
Mozambique’s gas sector is entering a new phase as major LNG projects restart or move towards investment decisions, while the government seeks to use domestic gas supplies to expand electricity access and support industrial development.
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