Page 3 - AfrOil Week 39 2022
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AfrOil CONTENTS AfrOil
COMMENTARY
The BEAC and CEMAC’s major monetary and economic mistakes 4
INVESTMENT
Zenith Energy submits offer for biggest oilfield in Benin 6
Shell subsidiary set to acquire Nigerian solar energy company 6
Cameroon’s SONARA, Vitol strike agreement on debt restructuring 7
PERFORMANCE
PIAC reports Ghana’s petroleum revenues up 108% y/y in H1 2022 8
NPA chief notes 41% growth in Ghana’s fuel demand in 2021 9
Zimbabweans used 56mn tonnes of LPG in 2021, top official says 10
POLICY
DMO chief: Gasoline subsidies are main driver of Nigeria’s swelling
public debt 10
NNPC inks deal with India’s IOC to boost LPG supplies 11
PROJECTS & COMPANIES
TotalEnergies CEO’s remarks drum up interest in Namibia’s offshore
potential 12
Invictus Energy spuds maiden exploration well in Zimbabwe 13
CNOOC Uganda receives first shipment of parts for drilling rig at
Kingfisher 14
NEWS IN BRIEF 15
NEWSBASE ROUNDUP GLOBAL (NRG) 18
OUR CUSTOMERS 20
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Week 39 29•September•2022 www. NEWSBASE .com P3