Latest africa oil and gas news
Here are some of the latest Africa oil and gas news:
Nigeria
- Nigeria's oil production has increased to 1.9 million barrels per day (mb/d) due to the reopening of some shut-in oil wells, according to the Nigerian National Petroleum Corporation (NNPC). (Source: Reuters)
- The Nigerian government has approved the sale of a 20% stake in the Nigerian Petroleum Development Company (NPDC) to private investors. (Source: Bloomberg)
Angola
- Angola's state-owned oil company, Sonangol, has signed a deal with the Chinese company, China National Offshore Oil Corporation (CNOOC), to develop the Kwanza Basin oil field. (Source: Reuters)
- Angola's oil production has increased to 1.8 mb/d, according to the Angolan Ministry of Petroleum. (Source: Bloomberg)
South Africa
- South Africa's state-owned oil company, PetroSA, has signed a deal with the French company, Total, to develop the Block 3B/4B oil field in the Orange Basin. (Source: Bloomberg)
- South Africa's oil production has increased to 150,000 barrels per day (b/d), according to the South African Petroleum Industry Association. (Source: Reuters)
Egypt
- Egypt has signed a deal with the Italian company, Eni, to develop the Zohr gas field in the Mediterranean Sea. (Source: Bloomberg)
- Egypt's natural gas production has increased to 5.5 billion cubic feet per day (bcfd), according to the Egyptian Ministry of Petroleum. (Source: Reuters)
Ghana
- Ghana's state-owned oil company, Ghana National Petroleum Corporation (GNPC), has signed a deal with the Chinese company, Sinopec, to develop the West Cape Three Points oil field. (Source: Bloomberg)
- Ghana's oil production has increased to 200,000 b/d, according to the Ghanaian Ministry of Energy. (Source: Reuters)
Mozambique
- Mozambique has signed a deal with the French company, Total, to develop the Mozambique LNG project, which will have a capacity of 12.9 million tonnes per year. (Source: Bloomberg)
- Mozambique's natural gas production is expected to increase to 20 million cubic meters per day (mcm/d) by 2025, according to the Mozambican Ministry of Mineral Resources and Energy. (Source: Reuters)
Kenya
- Kenya has signed a deal with the Italian company, Eni, to develop the Lamu LNG project, which will have a capacity of 7.8 million tonnes per year. (Source: Bloomberg)
- Kenya's natural gas production is expected to increase to 1.2 billion cubic feet per day (bcfd) by 2025, according to the Kenyan Ministry of Energy. (Source: Reuters)
Other news
- The African Energy Chamber has launched a new initiative to promote the development of Africa's oil and gas industry. (Source: African Energy Chamber)
- The International Energy Agency (IEA) has released a new report on the outlook for Africa's oil and gas industry, which predicts that the continent will become a major player in the global energy market. (Source: IEA)