Africa's Oil, Gas and Energy News.
Swala Oil & Gas (Tanzania) plc has advised that it has exercised its option under the Kilosa-Kilombero Joint Operating Agreement (JOA) to require Otto Energy (Tanzania) Pty Ltd to withdraw … Read More
Sterling Energy has announced that it has agreed with Petrosoma Limited to revised terms of the Farmout Agreement between Sterling Energy (East Africa) Limited (SEEAL) and Petrosoma dated October 2013. … Read More
South Africa’s logistics giant Transnet through its pipeline division is now eyeing the East Africa market for expansion the first time the company has sought to invest outside the country … Read More
Introduction: What is natural resources? Article 260 of the Constitution of Kenya 2010 defines the term “Natural Resources” to mean the physical non-human factors and components, whether renewable or non-renewable, … Read More
While opportunities are emerging in East Africa as a result of the region’s strong economic performance and billions of dollars in investment into its oil and gas, petrochemicals, and mining … Read More
Uganda expects up to $20 billion in investments as a result of the development phase in the oil and gas industry including $8 billion in the next three years as … Read More
The master plan for an Oil and Gas industrial park in Uganda being developed by SMEC International will now be ready by June 2017 according to Dickens Kamugisha from the … Read More
Octant Energy has announced it has entered into a term sheet with Rosseau Asset Management to proceed with a financing of up to USD$10,000,000 through the issuance of secured convertible … Read More
The Tarach 1 well drilled in April 2016 was dry as earlier reported by OilNews Kenya according to the latest SEC filing by joint venture partner ERHC. “Operator analysis of … Read More
American explorer Erin Energy has said it will not seek an additional extension of its offshore L-27 and L-28 blocks due to the high costs and risks associated with frontier … Read More
