Ethiopia Oil and Gas Sector Overview
Ethiopia sedimentary basins are located between old and new discovery areas in the Middle East (Yemen), the East Africa Rift System (Kenya),the Melut and Muglad basins (Sudan and South Sudan). … Read More
Author: kamau
Oil on water shrinks by 17% on back of OPEC deal – Vortexa
Oil on water levels have reduced by as much as 17% since the beginning of the year according to new figures generated by Vortexa, a newly launched analytics platform focused on the … Read More
Swala Oil & Gas Issues Otto Energy With Notice Of Withdrawal in Tanzania
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 Revises Farmout Agreement For Odewayne Block, Somaliland
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
Transnet Pipelines Eyes East Africa projects
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
A Review Of The Natural Resources (Class Of Transactions Subject To Ratifications) Act, 2016
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
OGMA Exhibition & Conference to Highlight Growth Opportunities in East Africa
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
$8B to be invested in Uganda in the next 3 years
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
Uganda’s Oil and Gas Industrial Park Master Plan to Be Ready By June 2017
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 to Raise $10 Million To Finance Kenya, Tanzania Blocks Acquisitions
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