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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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Algeria and Saudi Madar Energy accelerate Illizi South oil partnership
Algeria and Saudi firm Madar Energy North Africa are accelerating the implementation of the $5.4bn Illizi South hydrocarbons project, with both sides reviewing preparations for the contract's entry into force, covering technical and regulatory aspect
Liberia urges caution over Grand Bassa oil reports as tests find no reserves
Liberia's Parliament has called for further scientific investigations into reports of a possible oil discovery in Grand Bassa County after tests failed to confirm commercially recoverable crude.
Egypt settles Dana Gas arrears as drilling triples expectations
UAE-based Dana Gas (ADX:DANA) has cleared all outstanding arrears with the Egyptian government after receiving a final payment of $21.5mn
Saipem, TechnipFMC win $1.3bn contracts on Angola’s Greater PAJ oil project
Italian offshore contractor Saipem and energy services company TechnipFMC have secured major contracts for the Greater PAJ oil development offshore Angola following the project's final investment decision
US eases Iran oil sanctions, price on Brent crude drops over 3.5%
The United States has partially lifted sanctions on Iranian oil exports following what officials have described as encouraging progress in negotiations aimed at ending hostilities between Washington and Tehran.
Turkey’s foreign minister meets Trump’s co-in-law 'fixer' in Cairo
Lebanese-born billionaire Massad Boulos is a man with a unique portfolio. He serves as US senior advisor for Arab and African affairs. His son is married to Tiffany Trump.
AEC and Côte d’Ivoire discuss upstream growth and Africa Energy Bank progress
The African Energy Chamber has held high-level talks in Côte d’Ivoire on expanding upstream activity, attracting new investment and advancing the establishment of the Africa Energy Bank.
Zambia confirms Vitol as exclusive Tazama pipeline fuel supplier
Zambia has finally disclosed that global commodities trader Vitol is the exclusive supplier of diesel through the Tazama pipeline, a temporary arrangement introduced to safeguard fuel supplies following disruptions in global oil markets.
Nigeria says net-zero emissions goal by 2060 remains achievable
Nigeria can still achieve its target of net-zero greenhouse gas emissions by 2060 despite significant challenges, according to the National Agency for Science and Engineering Infrastructure
Nigeria flared estimated $270mn worth of gas in 5M2026
Nigeria flared 76.92bn cubic feet (2.18bn cubic metres) of natural gas worth an estimated $270mn in the first five months of 2026, even as domestic cooking gas prices more than doubled.
Libya hits highest oil output since 2013
Libya’s crude oil production has reached 1.43mn barrels per day (bpd), marking its highest output level since 2013
Baleine expansion and fresh exploration lift Côte d'Ivoire's energy profile
At the centre of Côte d'Ivoire's expansion plans is the Baleine field, operated by Eni SpA (BIT:ENI) in partnership with Petroci and Vitol. The third phase of the development is expected to raise production to around 150,000bpd.
Woodside weighs Sangomar expansion as Senegal strengthens oil exports
Woodside Energy Group Ltd (ASX/NYSE:WDS) and Senegal's Petrosen are evaluating a second phase of development at the Sangomar field that could unlock an additional 250mn barrels of recoverable oil.
Kosmos exits Equatorial Guinea with $127mn sale of Ceiba and Okume assets to Panoro
Kosmos Energy (NYSE/LSE: KOS) has completed the sale of its interests in Equatorial Guinea's Ceiba field and Okume Complex to Panoro Energy (OSE: PEN) for $127mn, as it refocuses on core assets in Ghana, Mauritania and Senegal.
Bourbon wins subsea contract for Ghana's 100,000-bpd Jubilee field
French offshore services group Bourbon has secured a subsea services contract on Ghana's flagship 100,000-bpd Jubilee field, operated by Tullow Oil and alongside partners including Kosmos Energy.
Libya’s Sirte Oil hits high-yield well at Al-Khair field
Libya’s state-owned National Oil Corporation (NOC) announced that its subsidiary, Sirte Oil Company for Production and Manufacturing of Oil and Gas, has completed a development well at the Al-Khair oilfield
Egypt signs gas expansion deals with Harbour Energy, Eni
Egypt has signed new agreements on June 17 with British firm Harbour Energy (LSE:HBR) and Italy's Eni (BIT:ENI) to raise natural gas production and establish an economic framework to stimulate foreign investment
Nigeria's gas output rises marginally in May to 7.93bcfd as domestic demand grows
Nigeria's natural gas production rose 0.6% year on year to 7.93bcfd in May 2026, according to NUPRC data, as stronger associated gas output and rising domestic demand offset weaker exports.
Senegal's powerful ex-PM Ousmane Sonko opens door to IMF debt talks as fiscal crisis deepens
Sonko, now parliamentary speaker, is ready to talk debt restructuring with the IMF, as Senegal seeks to resolve a fiscal crisis owing to $7bn in “hidden debt”, while banking on new oil & gas revenues to boost public finances, support growth.
AEC, SPE Africa agree to boost technical collaboration across Africa’s energy sector
The African Energy Chamber (AEC) and the Society of Petroleum Engineers (SPE Africa) have signed a memorandum of understanding (MoU) aimed at advancing technical collaboration, knowledge sharing and innovation across Africa’s energy industry.
Nigeria’s gas output edges higher as non-associated production gains ground
Nigeria’s average daily natural gas production rose to 7.93 bcf/d in May 2026, up 0.63% year on year, as growth in non-associated gas projects continued to support the country’s efforts to expand domestic supply and exports
Libya's NOC signs production-sharing deals with energy majors
Libya's National Oil Corporation (NOC) has signed production-sharing agreements with several leading international companies following the country's first licensing round in nearly 20 years
Ghanaian petroleum marketer GOIL defies revenue slump to lift profit and dividend
Ghanaian petroleum marketer GOIL PLC (GSE:GOIL) increased profit and raised its dividend for the first time in three years despite a decline in revenue.
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