OilNews

Swala Energy announces progress in its planned farm in East African assets

Swala Energy Limited has announced that, following the completion on the 31st March 2015 of the strategic review process managed by FirstEnergy Capital LLP, the Company has received a number of expressions of interest from credible parties wanting to farm in to one or more of Swala´s licences. The company that holds interest in Tanzania …

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Mtwara to Dar es Salaam pipeline now complete, first gas delivery expected in July 2015

East Africa-focused oil & gas company has announced that the construction of the Government owned and operated Mtwara to Dar es Salaam pipeline is now 100% complete and the two associated processing facilities are approximately 96% complete. Wentworth Resources today provides an operational update in the lead up to the first delivery of gas to …

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Nairobi Oil and Gas Club holds inaugural meeting

The Nairobi Oil and Gas club yesterday held its first meeting bringing together close to 50 professionals and investors in the upstream sector in Kenya. According to the organizers the club the ultimate vision is to provide a platform that stakeholders in the entire value chain to ride on and meet periodically. The platform is …

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Statoil makes eighth natural gas discovery in Block 2 offshore Tanzania

Statoil has announced that the Mdalasini-1 exploration well has resulted in a new natural gas discovery offshore Tanzania encountering an additional 1.0-1.8 trillion cubic feet (tcf*) of natural gas in place in the Mdalasini-1 well. The new gas discovery that has been made in Tertiary and Cretaceous sandstones brings the total of in-place volumes up …

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Second Local Content Convention set for June in Nairobi

The second local content convention will be held from the 16th-19th June in Nairobi bringing together local and international players in the oil and gas industry with the objective of creating risks and synergies. Among topics to be discussed include: Realities of Developing and Implementing Local Content, Business Opportunities in Emerging Oil and Gas Sector as …

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2D seismic survey in Kenya’s Onshore Block L6 expected in Q2 2015

Milio International is expected to acquire 2D seismic onshore Block L6 after a defferement due to security concerns the Block Operator FAR Ltd has said. The announcement made on the company’s annual report also estimates that following the interpretation of the data acquired the partners should proceed with drilling in early 2016. Already the Government …

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Atlas Development & Support Services Expands into North Africa

Kenyan headquartered  and listed African focussed support services and logistics company Atlas Development  has announce that it has been engaged to provide civil engineering supervisory, advanced life support, security and risk advisory services to a European and North African focussed oil and gas company operating in Western Sahara. Atlas says the agreement is in line …

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Anadarko drilling in Kenya’s Block L11A eagerly awaited by other offshore explorers

The planned of the Mlima well drilling by Anadarko in Block L11A offshore is being watched closely by partners in other blocks especially as the block is adjacent block L10B which saw the first offshore oil discovery in East Africa at the Sunbird-1 well. Anadarko on its part will be hoping to turn around its …

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World’s Largest Oil Expo cippe to Open Beijing this week

China International Petroleum & Petrochemical Technology and Equipment Exhibition (cippe) will be held on March 26th to 29th in Beijing in an event expected to attract many well-known enterprises at home and abroad, including 46 Fortune 500 companies and international giants. Last year the event saw exhibitors and attendees include the likes of Schlumberger, Baker …

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Mozambique to lure investors at the 4th Annual Powering Africa forum set for May

Mozambique will host the 4th Annual Powering Africa forum in Maputo from the 7th-8th May 2015  where participants will be given the opportunity to connect with over 150 senior participants including power developers, financiers, DFIs and transmission partners to discuss market developments, investment opportunities and the viability of project finance in line with the country’s vision 2025 …

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