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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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National Oil Corporation of Kenya Holds Board of Director’s inauguration meeting

The National Oil Corporation of Kenya held its Board of Director’s inauguration meeting on 27th June 2018 at the Corporation’s headquarters. This came after the appointment of Mr. Kibuga Kariithi as the Board Chairman for a term of three years by President Uhuru Kenyatta in The Kenya Gazette Special Issue Volume CXX-No. 68 notice announcement …

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Mozambique Area 4 progressing Rovuma LNG marketing

ExxonMobil and Eni have announced 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. Senior management representatives of the co-venture parties (ExxonMobil, Eni, CNODC, ENH, Kogas and Galp) met Wednesday during World Gas Conference in Washington, D.C. to …

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Pate 2 Well Drilling Set to Continue in August as Sakson Rig Arrives in Mombasa

Drilling of Pate 2 well in Lamu’s Block L4 could continue this late July or early August after the much awaited ship carrying the 2600hp Sakson SK604 rig arrived in Mombasa last week. The rig will then head off to Mtandawanda port in Lamu East aboard a barge hired from a local company with the …

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Eskil Jersing Joins Wentworth Resources as CEO

Eskil Jersing has today joined Wentworth as Chief Executive Officer and is expected to be appointed to the Board with effect from 27 June 2018 at the Company’s Annual and Special Meeting. Eskil joins the Calgary based company as it plans to redomicile to London to the British Isles awaiting a special resolution by shareholders. …

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Exclusive: Pate 2 & 3 Wells Could Face Further Delays As Sakson & Kenyan Agent Head to Court

The continuation of Pate 2 and 3 wells in Lamu’s block L4 is in doubt after the rig owner Sakson Drilling & Oil Services and its Kenyan agent Gas & Oil Exploration Consultants Limited (GASOILEX) fell out over unpaid commissions as part of the mobilization fee and as an agent for acting as an agent …

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CGG’s Helitem Shatters AEM Low-Frequency Barrier to Target Deeper Resources

CGG Multi-Physics is pleased to announce that its Helitem helicopter time-domain electromagnetic system has successfully acquired high-quality, broad-spectrum Airborne Electromagnetic (AEM) data at a base frequency of 7.5 Hz. This is a significant breakthrough for resource exploration worldwide, and an industry first. As shallow mineral resources are depleted, and mining activity moves to ever greater …

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