Africa's Oil, Gas and Energy News.
Farm-in bids received Invictus Energy reports it has received three farm-in offers for the Cabora Bassa Project including an updated bid from Cluff Energy Africa. Ongoing due diligence and internal … Read More
Africa Oil Corp. has been ordered to pay $22 million in regards to its appeal process to Kenya Tax Appeals Tribunal related to Kenya Revenue Authority’s corporate income tax and … Read More
Block 14T operator State owned National Oil Corporation of Kenya has said it is seeking a consultant to assist in the preparation of an appropriate farm down strategy advice in … Read More
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 … Read More
The Tarach-1 well which commenced drilling on April 14th 2016 in Block 11A could have cost the two joint venture partners Compania Espanola de Petroleos (CEPSA) operator* and ERHC over … Read More
Block L1B and L16 operator Erin Energy has said it plans to design and acquire additional seismic data in 2017 on the two blocks located in the coastal Lamu basin. … Read More
Africa Oil reports that it has completed the previously announced (November 9, 2015) farmout with Maersk oil and gas related to Kenyan Blocks 10BB, 13T and 10BA having received $427 million. Africa … Read More
Africa Oil Corp. has reported that the previously announced farm-out with Maersk Oli and Gas has received approval from the Government of Kenya. This gives a green light for completion of the … Read More
Houston based offshore Block L27&28 operator Erin Energy has said it is unlikely to meet its requirements unless a farm-in partner comes on board. “3D acquisition in L27 & L28 … Read More
Simba Energy has announced it has executed a definitive farm-out agreement with Essel Group Middle East DMCC on Block 2A in Kenya wherein Essel Group Middle East will earn a … Read More
