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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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NRG: Risks to stability
Report: Security threats likely to linger in Mozambique despite security pact with Total
The memorandum signed last week between Total (France) and the government of Mozambique may serve to improve security arrangements for the Mozambique LNG project without improving security conditions in surrounding areas of the country.
BW Energy sees output rising at Dussafu Marin block in 2020
BW Energy (Norway) expects to see gross oil production levels rise this year at the Dussafu Marin licence area offshore Gabon.
Sylva says PIB will reduce the tax burden on oil and gas sector
Nigerian Minister of State for Petroleum Resources Timipre Sylva has indicated that the government’s proposed Petroleum Industry Bill (PIB) will reduce the tax burden on the oil and gas sector.
Nigerian Senate orders investigation of NLNG dividend withdrawal charges
Nigeria’s Senate has ordered a probe of allegations that the Nigeria LNG (NLNG) consortium illegally appropriated $18bn over a 15-year period.
FAR reveals details of its latest moves on Sangomar project
Australia’s FAR has issued a statement clarifying its latest moves with respect to RSSD, the joint venture set up to develop the Sangomar block offshore Senegal.
Total begins drilling Luiperd-1X well offshore South Africa
France’s Total and its partners have spudded the Luiperd-1X well at Block 11B/12B offshore South Africa.
South Sudan hoping to replace CNPC and other IOCs as operator
South Sudan has reportedly decided to assume control over domestic oilfields as contracts with various international oil companies (IOCs) expire.
Nigeria floats a new oil law at last
After more than two decades of struggle and failure, Nigeria's presidential administration has submitted its Petroleum Industry Bill (PIB) to the National Assembly. This year’s upsets make quick passage of the bill more likely.
Libya begins loading first condensate shipment in six months
Libya’s National Oil Corp. (NOC) has begun loading hydrocarbons into a tanker for export at the Brega terminal with the intent of carrying out its first shipment in more than six months.
Total to work with Mozambican government on security
NRG: Looking to the future
Although rattled by the international oil and gas price collapse, governments and investors continue to press forward – either through new legislation or new projects
Kenya now conducting forensic audit of Tullow’s expenditures
Kenya’s government has launched a forensic audit of Tullow Oil (UK/Ireland), in line with requests from Turkana county officials seeking more information about the company’s activities in the South Lokichar Basin.
FAR to reduce stake in Sangomar
Australia’s FAR Ltd is set to reduce its stake in the Sangomar block offshore Senegal.
Nigerian-Chinese JV hopes to commission modular refinery in September
A Nigerian-Chinese joint venture is hoping to commission its new 6,000 barrel per day (bpd) modular refinery in Edo State sometime next month.
UNOC to import more fuel via Kisumu-Jinja barge route
Uganda National Oil Co. (UNOC) is seeking to fill petroleum product storage facilities in Jinja, a port on Lake Victoria, in order to facilitate regional fuel trade.
World Bank blocks Liberian power provider’s bid to lease fuel tanks
The World Bank has blocked the Liberian government from proceeding with a plan to lease spare capacity in petroleum product storage facilities built for Liberia Electricity Corp. (LEC) to Aminata Petroleum.
QP signs deepwater Angola deal as it continues expansion
OPEC report indicates Nigeria is making progress towards quota compliance
According to the latest version of OPEC’s monthly report, Nigeria brought oil output down to 1.37mn barrels per day in July.
Security risks on the rise in Mozambique
Militants have seized control of Mocimboa da Praia, the main port of entry for Mozambique LNG supplies.
Eastern promise stokes tensions
Turkish moves to explore for oil and gas in contested waters in the Eastern Mediterranean have inflamed tensions in the region.
NRG: All the news at your fingertip
Total resumes exploration drilling offshore Angola
France’s Total has reportedly resumed upstream exploration drilling offshore Angola after a delay of more than two months.
Total to spud new well offshore South Africa by end of August
France’s Total and its partners are reportedly gearing up to begin drilling a new well at Block 11B/12B offshore South Africa within the next two weeks.
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