Octant Energy acquires Imara Energy
Octant acquires 100% interest in an oil and gas block in the Lamu basin, onshore Kenya Octant Energy Corp has entered into an arm’s length letter agreement dated July 28, … Read More
Octant acquires 100% interest in an oil and gas block in the Lamu basin, onshore Kenya Octant Energy Corp has entered into an arm’s length letter agreement dated July 28, … Read More
Orca Exploration has announced that it has entered into a loan agreement with International Finance Corporation (IFC), a member of the World Bank Group, for a US$60 million investment in … Read More
Block 12A basin opener Cheptuket exploration well earlier set to start drilling in October 2015 has been pushed forward to 2016 according to block operator Tullow Oil. The well which … Read More
N-Exploration (100% Rosneft subsidiary) and ExxonMobil Exploration and Production Mozambique Offshore have been awarded 3 blocks in the fifth licence round organized by the Republic of Mozambique Institute of National Petroleum (Instituto Nacional de Petróleo). This … Read More
Wood Mackenzie asserts that the oil price crash has accelerated the need for fiscal adjustments, as Sub Sahara African governments prepare to weather significant reductions in vital tax revenue. With … Read More
As only one third of the continent’s pre-sanction projects are economical at less than US$50 per barrel ($/bbl), Wood Mackenzie says greater collaboration with the service sector, increased focus on … Read More
National Oil Corporation Managing Director Sumayya Athmani is asking local companies in the logistics field to prepare for the development stage so that they should not lose out from the … Read More
For the fifth time in Kenya and second time in Tanzania the East Africa Oil and Gas Expo is set to occur in East Africa targeting key players in the … Read More
Swala Energy Limited has said it has agreed with Magna Equities II LLC the provider of an interim financing mechanism entered into by way of provision of Convertible Notes in … Read More
Democratic Republic of Congo Block III operator Total E&P has reported that its application to the Ministry of Hydrocarbons of the Democratic Republic of Congo for an extension of the … Read More