AfrOil - Africa Oil & Gas

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Oil & Gas

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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.

 AfrOil is fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.

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McDermott to provide engineering and procurement services for Azikel modular refinery

14 July 2020

McDermott International (US) has agreed to provide further assistance to Azikel Petroleum, a subsidiary of Nigeria’s Azikel Group, on the construction of a new modular refinery in Bayelsa State.

Libya’s oil sector suffers setback as LNA renews blockade

14 July 2020

Libya’s National Oil Corp. (NOC) has had to backtrack on plans for resuming commercial oil production, owing to the renewal of a blockade by troops aligned with Khalifa Haftar’s Libyan National Army (LNA).

Golar LNG’s FLNG vessel loads 40th cargo offshore Cameroon

14 July 2020

Bermuda-based Golar LNG has reported that the Hilli Episeyo, the first vessel in the world to be converted to a floating LNG (FLNG) unit, has reached the milestone of lifting its 40th cargo offshore Cameroon.

NNPC: Nigerian gas production up 3.73% in April

14 July 2020

Nigeria saw natural gas production levels rise slightly in April, according to the monthly financial and operations report published by Nigerian National Petroleum Corp. (NNPC) last week.

Ghanaian official comments on impact of disruption in oil sector

13 July 2020

Egbert Faibille Jr., the director-general of the Ghana Petroleum Commission (GPC), said last week that his country was set to experience problems on several fronts this year as a result of disruption in the oil sector.

Bump in the road

8 July 2020

Tullow Oil’s exit from Kenya is likely to be slow and complicated, owing to local officials’ questions about costs, force majeure declarations and other issues.

JBIC, private Japanese banks to lend $14bn to Mozambique LNG

7 July 2020

A group of Japanese private and public-sector lenders has agreed to provide JPY1.5 trillion ($13.95bn) worth of financing for the Mozambique LNG scheme.

Libya’s Mesla oilfield back online

7 July 2020

Agoco, a subsidiary of Libya’s National Oil Corp. (NOC), has reportedly resumed production at Mesla, an oilfield in the eastern part of the country that has been offline for almost six months.

Aminex, ARA Petroleum move closer to finalising farm-out deal in Tanzania

6 July 2020

ARA Petroleum (Oman) is one step closer to assuming operatorship of the Ruvuma project in Tanzania.

Angola bristles under pressure to implement OPEC+ production cuts

6 July 2020

Angola’s government has reportedly decided that it cannot comply with the terms of the production quota regime that was adopted by the OPEC+ group in April and extended in June.

Sasol to return licences for two blocks offshore Mozambique

6 July 2020

South Africa’s Sasol revealed on July 6 that it intended to give up its exploration licences for the shallow-water sections of Blocks 16 and 19, two adjacent sites lying offshore Mozambique.

LNA ready to negotiate on the resumption of oil production

1 July 2020

Forces loyal to Khalifa Haftar, the leader of the Libyan National Army (LNA), are ready to negotiate with the Government of National Accord (GNA) on putting an end to the blockade that has kept the country’s oil industry on hold since January.

Saudi Arabia raises concerns about Nigerian oil production levels

1 July 2020

Saudi Arabia appears to be concerned about Nigeria’s willingness to comply with the production quotas set by the OPEC+ group.

FAR defaults on cash payment to Sangomar JV

1 July 2020

Australia’s FAR has not responded to a request to help cover operational costs at the Sangomar block offshore Senegal.

NRG: Trying to adapt

30 June 2020

World oil markets have found some support over the last week, but companies are still adjusting to the new price environment.

Nigerian pipeline progress

29 June 2020

Nigeria’s gas-to-power programme hinges on the success of pipeline projects, which have a mixed record.

Edited by

Jennifer deLay

Editor

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