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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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China's Wison New Energy targets Egypt, Mauritania and Morocco with modular FLNG concepts
Chinese energy infrastructure firm Wison New Energy is holding exploratory talks with Egypt, Mauritania, and Morocco over potential floating LNG (FLNG) and FSRU projects
Nigeria extends NNPCL remittance probe to December 2024 amid unresolved discrepancies
Nigeria has extended the FAAC-led reconciliation of payments by NNPCL and other agencies to December 2024, owing to unresolved discrepancies in remittances to the Federation Account, including an alleged $42.37bn underpayment from 2011–2017.
Egypt studies new LNG terminal plans in Port Said
Egypt’s Ministry of Petroleum is studying proposals for a new LNG terminal in Port Said to expand export capacity beyond Idku and Damietta, raising Egypt’s total LNG capacity to more than 12mn tpa, while leveraging the Suez Canal’s location.
China's United Energy buys Egyptian oil producer Apex for $156.7mn
China's United Energy Group (UEG) has purchased Apex International Energy for $156.7mn, thus controlling eight oil concessions producing 11,000 barrels a day in Egypt's Western Desert
Nigeria highlights natural gas as key to Africa’s industrialisation - AEC
At the Gas Investment Forum in Lagos on October 7–8, the African Energy Chamber (AEC) highlighted the central role of natural gas in advancing Nigeria’s and Africa’s energy security objectives.
Ghana’s dormant TOR refinery to restart crude operations by October-end
Ghana has long struggled to translate its crude output into refined fuel security. Successive governments have pledged to revive TOR, which has faced years of debt, mismanagement, and technical breakdowns.
Nigeria’s NUPRC has approved 28 oil field development plans in 2025
The Nigerian Upstream Petroleum Regulatory Commission has approved 28 Field Development Plans worth $18.2bn aimed at increasing crude oil production by nearly 600,000 barrels per day
Nigeria partners with World Bank to advance methane reporting and curb flaring by 2030
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a partnership with the World Bank Group to enhance industry capacity for methane abatement and emissions management
South Africa to lift moratorium on unconventional gas exploration, minister says
South Africa will lift its moratorium on unconventional gas exploration, including shale resources in the Karoo Basin, once new regulations are gazetted in October 2025, Energy Minister Gwede Mantashe said.
Ghana’s F&B Bio Recyclage advances waste-to-energy project to produce sustainable aviation fuel
Ghanaian recycling start-up F&B Bio Recyclage Ltd has completed the first phase of development for a major waste-to-energy project designed to convert municipal solid waste into sustainable aviation fuel (SAF) and biodiesel.
Nigerian government urged to compel oil majors to fund clean-up after failed TotalEnergies deal
More than 100 Nigerian and international civil society organisations are calling on the government to compel oil multinationals to finance environmental remediation
West Africa oil and gas outlook forecasts 6.5% annual growth to 2033, led by Nigeria and Ghana
West Africa’s oil and gas market is projected to expand at a compound annual growth rate of 6.5% between 2025 and 2033, reaching a value of about $80bn, with Nigeria and Ghana accounting for roughly 60% and 20% of the total respectively.
Tanzania set to host state-of-the-art oil export terminal as EACOP nears completion
The East African Crude Oil Pipeline (EACOP) project has reached 70% completion, according to Ombeni Sefue, board chairman of the Tanzania Petroleum Development Corporation.
Egypt plans to drill 480 oil and gas wells with $5.7bn investment over five years
Egypt plans to drill around 480 exploratory oil and gas wells over the next five years, with total investments exceeding $5.7bn.
Ghana watchdog PIAC warns of breaches in petroleum savings cap amid falling oil revenues
Ghana’s petroleum oversight body PIAC has raised concern over the government’s continued breach of legal limits on the nation’s oil savings fund, warning that the practice could undermine its ability to cushion the economy against shocks.
Cameroon promotes offshore licensing round, offers nine high-potential blocks
Cameroon shared details of its latest licensing round during this year’s African Energy Week: Invest in African Energies conference, organised by the African Energy Chamber.
SNEPCo, NNPCL advance HI gas project offshore Nigeria
Valaris wins bp drilling contract for Egyptian offshore campaign
Valaris Limited (NYSE:VAL) has secured a five-well offshore drilling contract with bp Exploration Delta Limited for its drillship VALARIS DS-12 in Egyptian waters.
Algeria’s Sonatrach signs $5.4bn oil exploration deal with Saudi Madad Energy
Algeria’s Sonatrach has signed a $5.4bn, 30-year oil and gas development deal with Saudi Arabia’s Madad Energy for the Illizi region, which will fully finance the project.
Tanzania’s Eyasi-Wembere basin survey indicates commercial oil potential
Tanzania’s Ministry of Energy and TPDC have reported new survey data showing geological formations capable of storing hydrocarbons in the Eyasi-Wembere basin, part of the East African Rift Valley.
Libya’s NOC launches gas compression project at main offshore field
Libya’s National Oil Corporation (NOC) has officially launched the implementation phase of a gas compression project at the offshore Bahr Essalam field
US oil firm Apache plans to boost oil production in Egypt
US-based energy company Apache is preparing to ramp up its oil production efforts in Egypt, capitalising on promising opportunities for discoveries
Algeria, Syria and UAE discuss expanding energy cooperation
The Syrian administration is currently discussing ways to boost energy cooperation with the United Arab Emirates and Algeria
Nigeria’s crude supply dispute widens as refiners reject 11mn-barrel offer — NUPRC
Nigeria’s crude supply tensions have intensified after refiners rejected 11mn barrels of domestic crude offered under the Domestic Crude Supply Obligation (DCSO), according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
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