Total has written to Uganda assuring the country that it will not abandon the $3.55 billion heated crude oil pipeline through Tanzania after buying assets in neighbouring Kenya. The news on the transaction between Total and Maersk Oil and Gas had caused p
Microsoft and Halliburton have announced plans to enter into a strategic alliance to drive digital transformation across the oil and gas industry. The relationship will combine the expertise of a global leader in cloud and digital transformation with a gl
Source: Paper by Bahari for Africa conference in London in August 2017 New basin modeling studies to assess hydrocarbons maturity of the Bahari Resources operated three exploration licences (blocks, 35, 36 and 37) in the Comoros Exclusive Economic Zone co
Leading Australian geoscience company Frogtech Geoscience has announced the release of TERRAFLUX, an innovative multi-client heat flow product, providing a unique new approach to assess regional heat flow variability for petroleum system modelling. TERRAF
Total has announced that the Boards of Total and A.P. Møller – Mærsk have both approved the acquisition of 100% of the equity of the E&P company Maersk Oil & Gas, a wholly owned subsidiary of A.P. Møller – Mærsk, by Total in a share a
Standard Bank Uganda alongside Japan’s Sumitomo Mitsui Banking Corp. will be tasked with raising $3.55 billion required for the Hoima to Tanga 1,445-kilometer (898-mile) pipeline after they were contracted by Uganda, Tanzania and French Oil giant Total
Orca Exploration Group has confirmed that it is in discussions with Swala Oil & Gas (Tanzania) plc regarding a possible minority investment in PAE PanAfrican Energy Corporation (PAEM), a Mauritius-registered company that is a wholly-owned subsidiary o
Super Petrol decreases by Kshs.1.01, Diesel increases by Kshs.1.39 while Kerosene increases by Kshs.0.86 per liter. Free on Board (FOB) price of Murban crude oil lifted in July 2017 was posted ar US$48.60 per barrel an increase of 2.75% from US$47.30 per
East Africa’s first listed oil and gas company Swala Oil & Gas (Tanzania) Plc has said it plans investor meetings in Dar es Salaam and Kampala, Uganda, to offer bonds to local investors. According to the company the local tranche of 7-year retail
Total and CNOOC Limited have confirmed their support for the 3rd Uganda International Oil & Gas Summit (UIOGS) 2017, partnering as lead sponsors and co-hosts to the event when it returns 27-28th September at the Hotel Serena, Kampala. Hosted in 2016 b
