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Africa Oil Relinquishes Kenya’s Block 9

Block 9 operator Africa Oil has submitted a notice to the Government of Kenya relinquishing its interest in the block leaving Delonex as the only partner after acquiring Marathon Oil’s equity. The two JV partners had until June 2018 to reevaluate and reprocess seismic and other data the Bogal-1 well which was plugged and abandoned with then operator CNOOC citing …

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Mozambique Approves PSCs Awarded During the 5th Competitive Bidding Round

The Mozambique’s government has approved exploration contracts to various international companies awarded blocks during the 5th Competitive Bidding Round in 2015 after four years of delays. The companies which include: N-Exploration (100% Rosneft subsidiary) and ExxonMobil Exploration and Production Mozambique Offshore which were awarded 3 blocks (A5-B in the Angoche Basin and Z5-C and Z5-D in the Zambezi Delta), Eni and Statoil which …

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Unique Group offers Diving & Industrial Gas supply for the African offshore market, from its base in Cape Town

Unique Group has extended its offering to include diving & industrial gas supply for the African offshore market from its base in Cape Town, South Africa. The extension of capabilities now includes the full range of diving, welding, industrial, laboratory, test and calibration gases, chemical tanks and gas storage equipment. These additions will help bolster the …

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Saipem Awarded Front End Engineering Design (FEED) For Uganda Refinery

Saipem has been awarded a new contract for Front End Engineering Design (FEED) for a new refinery in Hoima. Uganda recently awarded to the Albertine Graben Refinery Consortium following the signing of the Project Framework Agreement between the Consortium and the Government of Uganda ensuring development, design, financing, construction, operation and maintenance of the oil …

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Swala Receives Approval To List Bonds On The Stock Exchange Of Mauritius

Swala Oil & Gas (Tanzania) has announced that the Stock Exchange of Mauritius has approved the Company’s Listing Prospectus, allowing the listing of the Company’s US$50 million Corporate Bonds on the SEM with Greenshoe Rights. The Company first announced the move to Mauritius on the 2nd of July 2018. The Company and its advisors will …

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Remote Medical International announces strategic acquisition of HSE Offshore

With the acquisition of HSE Offshore, Remote Medical International will expand its global capabilities in offshore medical and particularly the North Sea Remote Medical International has acquired HSE Offshore as part of its strategic initiative to expand its oil & gas offshore medical capabilities. As a global medical services provider, Remote Medical International has recognized …

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Swala Halts Further Investment in PAE PanAfrican Energy Corporation citing Regulator Delays

Swala Oil & Gas (Tanzania) has announced that it will not extend the deadline to complete the previously announced investment by Swala in PAE PanAfrican Energy Corporation, a subsidiary of Orca Exploration Group Inc. of up to US$130 million for any specific time period. The extension pertains to tranche 2 and tranche 3 and does …

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ARA Petroleum Tanzania Takes Over Operatorship of Ruvuma PSA following Farm-Out

ARA Petroleum Tanzania an affiliate of Eclipse Investments, the largest shareholder in Zubair Corporation will take over operatorship of the Ruvuma PSA after Ndovu Resources signed a binding farm-out agreement with the Zubair Corporation. According to Aminex which wholly-owns subsidiary Ndovu Resources following the farm-out it is intended that the Farm-Out will accelerate the development of the Ntorya …

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Eni, ExxonMobil Submit Rovuma LNG Phase 1 Development Plan

Mozambique Rovuma Venture has submitted the development plan to the government for the first phase of the Rovuma LNG project, which will produce, liquefy and market natural gas from the Mamba fields located in the Area 4 block offshore Mozambique. The plan details the proposed design and construction of two liquefied natural gas trains which …

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Crude Oil Ferrying To Continue Next Week After Security Assurances by Government

Transportation of crude oil under the Early Oil Pilot Scheme can now resume next week after area leaders allowed Tullow Oil to ferry the resource following a meeting between Turkana elected leaders led by Governor Josphat Nanok and a high powered government delegation led by Petroleum and Mining cabinet secretary John Munyes and Rift Valley …

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