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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Management shake-up at Tullow

11 December 2019

Tullow Oil's CEO and exploration director have stepped down following setbacks in Ghana, Uganda and Guyana.

NEWSBASE: A closer look at Niger with Savannah Petroleum

11 December 2019

Savannah is working to expand Niger’s oil production capacity in the Agadem Rift Basin, and it believes the country has the potential to attract additional outside investment.

Angola sees oil production rising 3.3% next year

10 December 2019

Angola’s Minister of Mineral Resources and Petroleum Diamantino Azevedo said on December 5 that his country was on track to see oil production rise next year.

Algeria remains opposed to plan for sale of Anadarko assets

10 December 2019

Algerian Energy Minister Mohamed Arkab said last week that Sonatrach, the national oil company (NOC), was opposed to a US partner’s plan to divest some of its assets.

Sonangol cancels United Shine’s contract for Cabinda refinery

9 December 2019

Angola’s national oil company (NOC) Sonangol revealed last week that it had cancelled a contract with the United Shine consortium for the construction of a refinery in Cabinda Province.

Nigeria’s Axxela pledges to expand West African gas transport infrastructure

9 December 2019

Nigeria’s Axxela has pledged to continue working to expand its transportation network for natural gas in West Africa.

OPEC+ agrees to deepen cuts

9 December 2019

Woodside and partners submit development plan for Sangomar block

4 December 2019

Australia’s Woodside Energy and its partners are moving closer to making a final investment decision (FID) on the development of Sangomar, an oil- and gas-bearing block formerly known as SNE that is located offshore Senegal.

NOC head warns of further production stoppages after retaking El Feel oilfield

4 December 2019

Mustafa Sanalla, the chairman of Libya’s National Oil Corp. (NOC), said last week that his company might have to suspend production at El Feel (also known as Elephant) and other oilfields in the event of further fighting at upstream sites.

Equatorial Guinea names winners of 2019 licensing round

4 December 2019

The government of Equatorial Guinea named the winners of its 2019 licensing round last week, saying that it had awarded concessions for nine blocks to seven international companies.

An uneasy year for OPEC – and its member states

4 December 2019

NewsBase examines issues confronting some OPEC member states in Africa and South America.

Tanzanian government to discuss PSA concerns with potential investors

3 December 2019

Tanzania’s government intends to convene a roundtable meeting to address potential investors’ concerns about the legal regime covering production-sharing agreements (PSAs) for crude oil and natural gas fields.

Angolan oil minister says ANPG should receive larger share of oil profits

3 December 2019

Diamantino Azevedo, Angola’s minister of mineral resources and oil, has expressed support for moves to raise the government’s share of profit from producing oilfields.

Sudan, South Sudan extend oil agreement until March 2022

3 December 2019

The governments of Sudan and South Sudan have arranged to extend the term of a bilateral agreement on co-operation in the oil and gas sector.

Mozambique LNG to receive $400mn loan from AfDB

28 November 2019

The African Development Bank has approved a $400mn long-term senior loan to support the Mozambique LNG project, which is being developed by a consortium led by France’s Total.

Nigeria’s regulatory regime a source of concern for local companies

27 November 2019

Local business leaders are speaking out following the adoption of amendments to Nigeria’s deepwater contracts law.

Total touts its commitment to Nigeria’s master plan for natural gas

27 November 2019

Total is committed to abiding by the Nigerian government’s plan for optimising the use of domestic natural gas resources, a representative of the French major’s Nigerian affiliate has said.

NOC subsidiary restarts production at 40-year-old well

27 November 2019

A wholly owned subsidiary of Libya’s state-owned National Oil Corp. (NOC) has restarted production at a 40-year-old well drilled at the Messla field.

Springfield Energy completes drilling programme offshore Ghana

27 November 2019

Springfield Energy, an independent Ghanaian company, has reported that it has wrapped up its drilling programme at West Cape Three Points Block 2 (WCTP Block 2), its licence area offshore Ghana.

Senegal discusses gas-to-power plans

26 November 2019

Senegal’s Petroleum and Energy Minister Mahamadou Makhtar Cisse said last week that his country was keen to use its offshore reserves of natural gas as fuel for electricity generation.

Sonatrach sees pipeline gas sales sinking, spot LNG sales rising

26 November 2019

Sonatrach, Algeria’s national oil company (NOC), anticipates a sharp drop in natural gas sales this year.

South Africa’s DNG preparing to start LNG bunkering

21 November 2019

South African infrastructure company DNG Energy has said it will start LNG bunkering operations in Algoa Bay in the second quarter of 2020.

African officials highlight continuing importance of oil and gas

20 November 2019

Despite climate concerns, African officials continue to view fossil fuels as an important driver of economic growth and development.

Edited by

Jennifer deLay

Editor

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