East Africa
News
July 03, 2018
Tullow Oil plc announces that a judgment in the English Commercial Court case brought against its wholly owned subsidiary Tullow Ghana Limited by Seadrill Ghana Operations Limited has been received.
News
July 02, 2018
Islamist fighters have attacked the village of Mitumbate in northern Mozambique, near a gas-rich area 1,800 km northeast of the capital, Maputo.
News
June 29, 2018
Ethiopia’s nascent energy industry is gathering pace, with a unit of China Poly Group Corp. starting test output of crude oil in a volatile border region and the government estimating initial annual income of $1.2 billion when gas exports begin from the area.
News
June 28, 2018
Eni and ExxonMobil said today that marketing efforts are underway for the Rovuma LNG project, which will produce, liquefy and sell natural gas from the gas fields of the Area 4 block offshore Mozambique.
News
June 20, 2018
Mozambique’s oil and gas regulator said exploration contracts for the nation’s fifth licensing round in 2015, which awarded blocks to companies including ExxonMobil Corp. and Eni SpA, are close to being finalized.
News
June 13, 2018
CGG has completed acquisition of 15,400 km2 of 3D marine seismic data in the outer Zambezi Delta basin, west of the Beira High. The survey area covers blocks Z5-C and Z5-D and surrounding non-held acreage.
News
June 12, 2018
Kenyan lawmakers approved a new law that sets out how revenue from future oil production will be shared.
News
March 07, 2018
South Sudan’s state-owned oil company needs increased oversight to protect vital revenue in a country reeling from a civil war and at risk of famine, according to two groups monitoring the activity.
News
February 23, 2018
Kenya Pipeline Co. will spend 5.3 billion shillings ($52 million) building four new tanks that will increase its storage space by more than a fifth, Managing Director Joe Sang said.
News
February 20, 2018
Anadarko Petroleum Corporation (NYSE: APC) today announced Mozambique LNG1 Company Pte. Ltd., the jointly owned sales entity of the Mozambique Area 1 co-venturers, has entered into a long-term LNG Sale and Purchase Agreement (SPA) with Électricité de France, S.A., (EDF).
News
February 08, 2018
Mozambique’s council of ministers approved the development plan for Anadarko Petroleum Corp.’s liquefied natural-gas project in the north of the nation, an investment estimated at about $20 billion.
News
February 08, 2018
Kenya halved the amount of revenue it will distribute to local communities once commercial oil production starts, setting up a potential dispute with residents of its economically deprived northern Turkana region.
News
February 07, 2018
Africa Oil Corp. (AOC) is pleased to provide the following update on activities in the South Lokichar basin (Blocks 10BB and 13T in Kenya).
News
January 30, 2018
Ethiopia’s fast-growing economy has Asian investors lining up to build a new $4 billion oil refinery, even as a Blackstone Group LP-backed fuel pipeline project is shelved.
News
January 17, 2018
Sporadic attacks by gunmen in northern Mozambique will probably continue although they’re unlikely to hurt investment in the region’s sizable gas resources, Control Risks Ltd. said, after seven people were killed in raids in the past week.
News
January 11, 2018
Wentworth, the Oslo Stock Exchange and AIM-listed independent, East Africa-focused oil & gas company, is today providing an update to shareholders.
News
January 11, 2018
Wentworth, an East Africa-focused oil & gas company, has provided the following update to shareholders.
News
January 09, 2018
Anadarko Petroleum is in talks to sate China’s increasing appetite for liquefied natural gas from its planned development in Mozambique.
News
May 17, 2017
Africa Oil Corp. has announced that the Emekuya-1 well in Block 13T, Northern Kenya has encountered approximately 75 m of net oil pay in two zones.
News
March 22, 2017
Mozambique said Exxon Mobil Corp.’s acquisition of a 25% stake in an offshore gas block from Eni SpA will generate capital gains revenue of $350 million.
News
March 17, 2017
CNOOC Uganda Limited has notified Tullow that it has exercised its pre-emption rights under the joint operating agreements between Tullow, Total and CNOOC to acquire 50% of the interests being transferred to Total on the same terms and conditions that were agreed between Tullow and Total.