East Africa
News
January 26, 2016
HAMILTON, Bermuda -- AziNam, the offshore Namibia focused exploration company, has completed a 3D seismic survey on PEL 34, the Guy Block, offshore Namibia.
News
January 06, 2016
With recoverable oil reserve estimates of approximately 750 MMbbl and 600 MMbbl in Uganda and Kenya, respectively, and with government share of the reserves expected to be about 30–50%, the potential impact on economic development in these countries could be great.
News
December 15, 2015
Tullow Oil Plc gained after a successful well increased the potential size of oil resources the Africa- focused explorer has discovered in Kenya.
News
December 03, 2015
Anadarko Petroleum Corporation has announced that it has signed a Unitization and Unit Operating Agreement (UUOA) for the development of the massive natural gas resources that straddle two blocks.
News
December 02, 2015
East Africa is emerging as a hotbed for energy related investments not only for its robust economic growth, but also for its potential to become one of the largest producers and exporters of oil and natural gas in the world.
News
November 17, 2015
Tullow Oil announced Tuesday that the Emesek-1 exploration well, in Block 13T in the North Lokichar basin, Northern Kenya, reached a total depth of 3,000 m without encountering commercial hydrocarbons.
News
November 09, 2015
Maersk Oil has agreed to acquire half of Africa Oil Corp.’s shares in three onshore exploration licences in Kenya and a further two in Ethiopia.
News
November 04, 2015
Eni, together with Statoil, Sasol and ENH, has been awarded the exploration and development rights for Block A5-A, following the 5th Competitive Mozambique Bid Round.
News
October 30, 2015
Sasol has confirmed that two of its three applications in Mozambique's 5th Licensing Round were successful.
News
September 30, 2015
Ethiopia and Djibouti signed an agreement for a $1.55 billion fuel pipeline with developers Mining, Oil & Gas Services and Blackstone Group LP-backed Black Rhino Group.
News
September 23, 2015
Puntland, a semi-autonomous region of northeastern Somalia, will conduct a survey of its offshore region to search for oil as the country prepares a licensing round for exploration, the head of the Puntland Petroleum and Minerals Agency said.
News
September 16, 2015
Kenya and Uganda ended months of debate in August to sign an agreement on an oil pipeline costing almost $4 billion. Finding the money to build it and companies to start pumping crude may be a harder task.
News
September 16, 2015
Libya’s internationally recognized government plans to boost oil production five-fold and will punish companies working with a rival cabinet striving to control the divided North African nation’s crude deposits.
News
September 01, 2015
ION Geophysical and the Tanzanian Petroleum Development Corporation (TPDC) announced Tuesday that TPDC has awarded ION a contract to acquire 4,058 km of 2D seismic, gravity and magnetic data over offshore Blocks 4/1B and 4/1C in the Rovuma Delta region.
News
August 26, 2015
Anadarko Petroleum Corp. has clinched almost all the supply accords it needs to bring a natural-gas project in Mozambique to fruition and is awaiting state consent to export the fuel as U.S. competition gathers pace.
News
August 10, 2015
Searching for oil off the coast of one of the world’s most dangerous and corrupt countries was always going to be difficult for Soma Oil & Gas Ltd. Now its work in Somalia is being scrutinized by the UK’s Serious Fraud Office.
News
July 21, 2015
CGG has been awarded a contract by the Tanzanian Petroleum Development Corporation (TPDC) to acquire high-resolution gravity gradiometry and aeromagnetic data over two onshore areas along the South-Eastern Tanzanian Coastal basin and the eastern arm of the East African Rift.
News
July 20, 2015
Eni has reported a gas discovery in the Nooros exploration prospect, in the Abu Madi West license in the Nile Delta, 120 km northeast of Alexandria, Egypt.
News
June 18, 2015
Tanzania will seek as much as an 85% share of profit from oil and gas produced in the East African nation, according to a draft law being debated in parliament.
News
June 01, 2015
Pancontinental Oil & Gas and its L10A JV partner PTTEP of Thailand have issued operator BG Kenya L10A Ltd., notices of withdrawal from Block L10A in the Lamu basin offshore Kenya.
News
May 28, 2015
Soma Oil & Gas Holdings Ltd., chaired by former U.K. Conservative Party leader Michael Howard, has proposed a deal with the Somali government that may grant it as much as 90% of the country’s prospective oil revenue.
