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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Is Libya the new Syria?

11 June 2020

In brazen move, Russia flies squads of fighter jets to desert airfields after Moscow-allied rebel commander is pushed back by Turkish-backed forces in civil war. US now worried Kremlin might shape the conflict.

Nigeria comments on OPEC+ production quota compliance

10 June 2020

Nigeria has conceded that it did not implement all the production cuts stipulated in a previous OPEC+ group agreement, but it has also pledged to comply with the limits imposed under a new accord.

Aker Energy says it remains committed to Ghana’s Pecan project

10 June 2020

Aker Energy said last week that it was determined to find a way to proceed with the phased development of the Pecan oilfield offshore Ghana.

Mozambique says COVID-19 outbreak under control at Total work camp

9 June 2020

Mozambican authorities have given Total a green light to resume the construction of a gas liquefaction plant in Cabo Delgado Province.

Libya’s NOC says El-Feel is back online

9 June 2020

Within the last week, Libya’s National Oil Corp. (NOC) has succeeded in resuming development operations at El-Feel, one of the country’s largest oilfields, and has also suffered setbacks at Sharara, another major site.

Total accepts Tanzania’s request to speed up work on EACOP

8 June 2020

The government of Tanzania has informed France’s Total that it wants to fast-track the construction of the East African Crude Oil Pipeline (EACOP).

Tullow wraps up early oil programme in Kenya

8 June 2020

Tullow Oil (UK/Ireland) and its partners have brought their early oil production scheme (EOPS) in Kenya to a halt without exporting all of the crude they have extracted from fields in the Lokichar Basin.

Mozambique expects Rovuma LNG FID next year

4 June 2020

Mozambique’s National Petroleum Institute has said this week that it expects ExxonMobil to make a final investment decision on the Rovuma LNG project next year. However, the super-major has dismissed the comments as speculation.

NNPC seeks to reduce production costs

3 June 2020

Mele Kyari, the group managing director of Nigerian National Petroleum Corp. (NNPC), has identified reduced production costs as one of his company’s priorities.

Nigeria launches marginal field bidding round after 10-year delay

2 June 2020

Nigeria’s Department of Petroleum Resources (DPR) revealed on June 1 that it had launched a new round of bidding for marginal fields.

Golar LNG reveals outlook for projects in Africa, South America

2 June 2020

Bermuda-registered Golar LNG has issued an update on its activities related to projects in Africa and South America.

NRG: Some forward momentum, but overall restraint

2 June 2020

Despite the relative stability of crude prices in recent days, more news of activity cutbacks, earnings losses and demand weakness continues to come in, and all eyes are turning to the forthcoming OPEC+ meeting.

Tullow, Total move closer to closing Uganda deal

1 June 2020

Tullow Oil (UK/Ireland) has cleared another hurdle towards the sale of its stake in several Ugandan projects to Total (France), owing to CNOOC's decision not to enlarge its own stake.

Sonatrach raises stake in Medgaz pipeline to 51%

1 June 2020

Algeria’s national oil company (NOC) Sonatrach has become the majority shareholder in Medgaz, the operator of a natural gas pipeline across the bed of the Mediterranean Sea, through its acquisition of a stake in the link from CEPSA (Spain).

Malta seizes $1.1bn worth of “counterfeit” Libyan dinars printed by Russian state-owned company

1 June 2020

The US State Department has announced that Malta seized $1.1bn worth of “counterfeit” Libyan dinars that were travelling by ship to the Libyan parallel government and were printed by the Russian state-owned company Goznak.

Edited by

Jennifer deLay

Editor

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