Top News

Get the latest news on oil and gas from East Africa and from around the world

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 …

Saipem Awarded Front End Engineering Design (FEED) For Uganda RefineryRead More »

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 …

Swala Receives Approval To List Bonds On The Stock Exchange Of MauritiusRead More »

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 …

Remote Medical International announces strategic acquisition of HSE OffshoreRead More »

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 …

Swala Halts Further Investment in PAE PanAfrican Energy Corporation citing Regulator DelaysRead More »

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 …

ARA Petroleum Tanzania Takes Over Operatorship of Ruvuma PSA following Farm-OutRead More »

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 …

Eni, ExxonMobil Submit Rovuma LNG Phase 1 Development PlanRead More »

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 …

Crude Oil Ferrying To Continue Next Week After Security Assurances by GovernmentRead More »

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 …

National Oil Corporation of Kenya Holds Board of Director’s inauguration meetingRead More »

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 …

Mozambique Area 4 progressing Rovuma LNG marketingRead More »

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 …

Pate 2 Well Drilling Set to Continue in August as Sakson Rig Arrives in MombasaRead More »