Africa's Oil, Gas and Energy News.
Norwegian explorer Statoil has said it will no longer engage with Mozambique on acquisition of the offshore Angoche Area A-5 Block citing lack of progress since talks began in 2015 … Read More
Civil works have commenced in the 154 megawatt Olkaria V plant nine months after Kenya’s President Uhuru Kenyatta broke ground at the location of the facility. The planned which is … Read More
Oil price stability With the oil price pushing through to the US$70 mark, and further confidence that the price will remain more stable this year, we will see international oil … Read More
Former Senator and Member of Parliament for the oil rich Turkana County John Munyes has been nominated to head the Petroleum Ministry after the splitting of the Energy and Petroleum … Read More
Senior oil and gas sector professionals expect a step change in the industry’s capex, opex and R&D spending levels in 2018, as new research from DNV GL, the technical advisor … Read More
The Kenya government has given a greenlight to the acquisition of Maersk Oil and Gas assets in Kenya by Total following the acquisition of 100% of the equity of the … Read More
Helium One has informed its shareholders of various financing options available to fund ongoing exploration activities. One of these options may involve undertaking an initial public offering (IPO) on the … Read More
The hotel and tourism sector in western Uganda in particular is expected to see increased demand as work is set to commence on the development phase in the country’s upstream … Read More
Orca Exploration Group has announced that the escrow release conditions have been met regarding the first tranche of the previously announced investment of up to US$130 million by Swala Oil … Read More
Guest Post By John Chacha It was my first international audit assignment in what looked like a very complex environment. I didn’t know the weight of the task that waited … Read More
