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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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Galp Energia takes Mozambique tax dispute to ICSID arbitration
Portuguese energy company Galp Energia (ELI:GALP) has launched arbitration proceedings against Mozambique over a capital gains tax dispute arising from the sale of its stake in the country’s Area 4 offshore gas concession
Egypt revives drilling programme for southern Al-Baraka oil field
Egyptian Ganoub El Wadi Petroleum Holding Company (GANOPE) has launched a comprehensive redevelopment programme to reactivate production wells at the Al-Baraka oil field in the Kom Ombo concession
Russia pledges backing for Mozambique's fight against terrorism
Russia is ready to support Mozambique's efforts to eliminate terrorism and restore stability in the country's insurgency-hit north while expanding trade and investment ties, Russian Foreign Minister Sergey Lavrov said on July 9.
Congo appoints TotalEnergies veteran Franc Mouzabakani Kiesse as upstream petroleum chief
The Republic of Congo has appointed Franc Mouzabakani Kiesse as director general of the upstream petroleum sector as the country seeks to strengthen regulation, attract investment and raise oil and gas production.
Ageing gas plants threaten Nigeria’s power ambitions, report warns
Nigeria’s ageing gas-fired power stations are operating well below capacity, raising doubts about the country’s strategy of relying on natural gas to drive economic growth and expand electricity access
Africa secures $900mn in new clean-cooking finance commitments
African countries have secured $900mn in new clean-cooking finance commitments, lifting total pledges announced since 2024 to more than $3.1bn, according to the International Energy Agency.
Nigeria needs $38.3bn to meet 2030 oil and gas production targets, presidential adviser says
Nigeria needs an additional $38.3bn to sustain oil and gas production and meet its 2030 targets of 3mn barrels per day and 10bn cubic feet of gas per day, presidential energy adviser Olu Verheijen said.
Egypt and Jordan to expand gas and mining cooperation
Jordan’s Ministry of Energy is set to sign agreements with two Egyptian firms to deliver natural gas to the cities of Ma'an and Al-Muwaqqar
Report: Global LNG trade climbs by 6% in 2025
Global LNG trade experienced a banner year in 2025 rising by 6.3% to reach a record volume of 437 mn tonnes, according to the International Gas Union’s World LNG Report .
Libya’s NOC upgrades production measurement systems at Sarir oil fields
The General Directorate of Inspection and Measurement at Libya's National Oil Corporation (NOC) is supervising the upgrade and replacement of crude oil, gas, and condensate custody transfer measurement systems for Sarir Oil Operations
Kenya’s Ruto puts Kindiki in charge of government coordination for $17bn Dangote refinery
Kenya’s President William Ruto has appointed Deputy President Kithure Kindiki to oversee government coordination of the proposed $17bn East African oil refinery, as the project moves towards implementation
Metatek begins major airborne geophysical survey in Nigeria targeting hydrocarbons, critical minerals
Metatek-Group has begun a 210,000-line-kilometre airborne geophysical survey in Nigeria under a two-year contract supporting hydrocarbon, mineral and geothermal exploration.
ExxonMobil approves $1bn Nigeria offshore oil project to boost production
ExxonMobil (NYSE: XOM) and its partners have approved a $1bn investment in the offshore Usan Infill Project, a move expected to add about 40,000 barrels per day (bpd) to Nigeria's crude oil production
Nigeria's first locally led FLNG project secures 15-year gas supply agreement
Nigeria’s first locally led floating LNG project has secured a 15-year gas supply agreement, clearing a major hurdle as developers target a final investment decision in the fourth quarter of 2026 and first production by 2030
Libyan crude exports drop 2.5% in H1 2026 to 1.16mn bpd
Libya’s seaborne crude oil exports dropped by 2.5% during H1 2026
Libya partners with Qatar's UCC for $1bn Ghadames Basin oil project
Libya’s National Oil Corporation (NOC) has signed an Exploration and Production Sharing Agreement (EPSA) with Qatar's UCC Holding and the Libyan Investment Authority (LIA) to develop Area 47 in the strategic Ghadames Basin
World Bank approves $875mn financing for Côte d’Ivoire, pledges to support gas sector expansion
The World Bank has approved $875mn in financing for Côte d’Ivoire to support growth, jobs and community resilience, while signing an interim agreement with Eni's subsidiary to provide technical assistance for the country’s Gas Master Plan.
Dangote confirms planned Kenya refinery could cost up to $17bn
A planned oil refinery on Kenya's coast backed by Africa's richest businessman, Aliko Dangote, could cost as much as $17bn, making it one of the largest energy investments ever proposed in East Africa
Angola’s oil reforms seen as blueprint for attracting upstream investment in Namibia, says AEC
Namibia could strengthen its prospects of becoming a major oil producer by adopting elements of Angola’s upstream reform programme, which has helped restore investor confidence and attract billions of dollars in new energy investment.
Baker Hughes clinches 13-year tubomachinery service deal at Nigeria LNG
The contract will support the operation of NLNG’s Train 7 expansion, which will increase the facility’s LNG production capacity from 22mn to 30mn tonnes per year once completed.
Nigeria’s NNPCL signs LNG and industrial gas deals linked to more than $20bn in investment
NNPC Ltd has signed gas sale and purchase agreements linked to more than $20bn in investment, covering LNG feed gas and domestic industrial supply as Nigeria seeks to boost oil and gas output.
Nigeria's oil producers seek PIA review as tax burden tops 270 levies
Nigeria's indigenous oil producers have urged the government to review the Petroleum Industry Act (PIA) and reduce more than 270 taxes and levies they say are undermining investment
Nigeria's Oando FY2025 pre-tax profit falls 64.6% despite higher production
Oando Plc (NGX: OANDO; JSE: OAO) has reported a 64.6% decline in FY2025 pre-tax profit to NGN135.76bn ($99.02mn) as weaker revenue, a gross loss and higher finance costs weighed on earnings despite stronger oil and gas production.
Renaissance makes major offshore oil discovery in Nigeria, targets production growth
A major offshore oil discovery by Renaissance Africa Energy Company Limited in Nigeria's OML 74 is expected to support higher crude oil production, strengthen reserve replacement and accelerate the development of new output
TechnipFMC wins Eni subsea contract for Baleine Phase 3 off Côte d’Ivoire
TechnipFMC will supply flexible flowlines and risers for Eni’s Baleine Phase 3 development offshore Côte d’Ivoire, a contract valued at $75mn-$250mn.
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