The number of drilling rigs in Kenya is expected to significantly fall in Kenya in 2015 as oil companies cut down on exploration as well as the main players’ ramp up their exploration and appraisal program. According to Africa Oil a joint partner with T
Aberdeen University has been awarded a £1.4million grant to help develop oil and gas education in East Africa. The grant will be split with Dar es Salaam University in Tanzania to help develop the country’s young oil and gas sector with recent discover
Orca exploration has said it is contemplating a first phase of offshore development consisting of working over two existing wells (SS-5 and SS-9) that are currently suspended in order to fill the existing Songas infrastructure to capacity and provide oper
Kenya has signed a Memorandum of Understanding with Algeria to promote bilateral cooperation in the field of oil, gas and power. In a signing overseen by of President Uhuru Kenyatta and Prime Minister Abdelmalek Sellal at the Presidential Palace in Algier
Aminex is has said that it has received formal approval from the Tanzanian Authorities to sell up to 13% of its interest in Kiliwani North Development Licence (KNDL) to Solo Oil plc and thus there now remains no further conditions precedent to the sale of
Canadian listed company Africa Oil has announced that it has closed the US$125,000,000 brokered private placement, previously announced on earlier this month having issued an aggregate of 57,020,270 common shares. Net proceeds of the private placement w
Onshore Rovuma block operator through its joint venture partner Wentworth Resources that it has plugged and abandoned the Kifaru-1 well in Mozambique. The well that begun drilling in mid January was drilled to a final total depth of 3,100 meters in Eocene
President Uhuru Kenyatta is in Algeria in a move that will see various bilateral agreements signed as well as cooperation in various sectors including oil and gas with the oil rich North African nation. In an effort to increase partnership between the two
A new study by Research and Markets on the Industrial Valves Market in the Middle East and Africa has shown that the market demand for industrial valve in these regions is estimated to reach $10 Billion by 2019, with a projected CAGR of 5.7% in the nex
Taipan Resources Inc Kenya-based subsidiary Lion Petroleum has announced that the Badada-1 well has been drilled to a total depth of 3,500 metres MDBRT (Measured Depth Below the Rotary Table) and following completion of logging operations will be plugged
