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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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Aminex, ARA Petroleum move closer to finalising farm-out deal in Tanzania
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
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
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.
Fire breaks out at Cape Town refinery
Sasol to shed stake in Nigerian GTL plant
South African court scraps dodgy fuel tender
LNA ready to negotiate on the resumption of oil production
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
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
Australia’s FAR has not responded to a request to help cover operational costs at the Sangomar block offshore Senegal.
NRG: Trying to adapt
World oil markets have found some support over the last week, but companies are still adjusting to the new price environment.
Nigerian pipeline progress
Nigeria’s gas-to-power programme hinges on the success of pipeline projects, which have a mixed record.
Sound Energy signs HoT with Moroccan firm for micro-LNG project
UK-listed Sound Energy hopes to team up with a local partner to distribute and market production from the small-scale gas liquefaction plant it intends to build at the Tendrara licence area in eastern Morocco.
Botswana seeks to compensate for slowdown in South African fuel imports
Meshack Tshekedi, the CEO of Botswana Oil Ltd (BOL), said last week that his company was taking steps to compensate for a slowdown in petroleum product deliveries from South Africa.
Tanzania gearing up for HGA talks on EACOP with Total
Tanzania’s government reportedly expects to begin negotiations with France’s Total on a host government agreement (HGA) for the construction of the East Africa Crude Oil Pipeline (EACOP) in the near future.
UKEF set to back Mozambique LNG
Total extends LNG agreement with Sonatrach
France’s Total and Algeria’s Sonatrach have agreed to extend their existing LNG supply partnership by three years.
Zimbabwe fuel prices spike after dollar cap lifted
Bilfinger wins new MENA contracts
OPEC+ settles on plan to compensate for exceeding output quotas in May
OPEC+ has instructed Nigeria and other overproducers to compensate for their lapses in May by making additional cuts.
Woodside says Sangomar still anticipates first oil in 2023
Australia’s Woodside Energy has said that the RSSD consortium still anticipates first oil in 2023 at the Sangomar block offshore Senegal.
NRG: Cautious steps forward
Welcome to the seventh edition of NewsBase’s Roundup Global (NRG), in which our team of international editors provide you with a snapshot of some of the key issues affecting their regional beats.
Chariot Oil & Gas may export Moroccan gas to Spain
Chariot Oil & Gas (UK) said last week that it was looking into the possibility of exporting natural gas from Morocco’s offshore zone to Spain.
Renergen, Total team up for LNG marketing and distribution programme
South Africa’s Renergen is working with a subsidiary of France’s Total on the marketing and distribution of LNG.
Sasol objects to reports of overstated recoverable costs in Mozambique
South Africa’s Sasol has denied claims that it significantly overstated its recoverable costs for projects in Mozambique.
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