Angolan Mining Oil & Gas

Senegal has entered the oil export market, with its first shipment of crude oil reaching Europe. According to Africa Ports, the 158,268-dwt crude oil tanker Maran Poseidon transported Senegal’s medium-sour crude oil to the Netherlands and Germany. The oil was extracted from the Sangomar offshore oil and gas field in the MSGBC basin, which includes Mauritania, Senegal, the Gambia, Guinea-Bissau, and Guinea-Conakry. This field is located about 96 km south of Senegal’s Port of Dakar.

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Oil concessionaires in Mozambique must now provide detailed information on salaries and the contracting of goods and services to the government, including proof of tender proposals received. This new mandate is outlined in the Ministry of Mineral Resources and Energy’s diploma 55/2024, effective from July 5th, 2024, which approves Guidance Mechanisms for Obligations for Contracting Goods and Provision of Services, Employment Programs, Training Programs, Association with Nationals, Preferential Rights, and Adjustment of Conduct of concessionaires.

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Nigeria’s largest oil company, Dangote, risks going out of business due to a lack of support from the state, which currently cannot supply crude oil to its newly inaugurated refinery. After launching one of Africa’s largest refineries, designed to provide oil at lower costs for the population, Dangote is now confronting an unprecedented crisis. Despite the company’s requests, the Nigerian government has stated it does not have crude oil available for supply. Consequently, the government

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