Tanzania Chikumbi 1 Well Drilling Nears As Rig Bids Tendering Complete

The tendering process for a rig to drill Chikumbi-1 (CH-1) is now complete according to Aminex with the company having received numerous bids. These bids are being evaluated on their technical and commercial merits. CH-1 which is located up-dip from both the Ntorya-1 discovery well, which tested at rates of up to 20 MMcf/d with 139 bbls …

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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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Mainport Group Acquires Approvals In Kenya, Uganda and Mozambique For Inspection of Rigsite Lifting Equipment & Training Services

Mainport, the UK Training and Inspection Group, has recently achieved further certifications for their services provided to the East African Oil and Gas sector. The Group has regional companies operating in Uganda, Mozambique and Kenya providing a range of training and inspection to the oil and gas sector. Recent achievements include ISO 9001, full Membership …

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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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EIA’s International Energy Outlook 2018 focuses on uncertainty in economic projections for China, India, and Africa

The U.S. Energy Information Administration (EIA) released International Energy Outlook 2018 (IEO2018) today, which focuses on how different macroeconomic conditions and growth patterns might affect international energy markets in three key regions of the world: China, India, and Africa. EIA updated the Reference case from 2017 with new macroeconomic information and varied macroeconomic assumptions across China, India, …

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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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