Uganda admits loss of funds earmarked for oil projects related land compensation

The Uganda National Roads Authority has admitted part of $3.5 million set aside to compensate for loss of land to roads to connect the country’s oil rich district Hoima ahead … Read More

New petroleum producers survey policy options in wake of oil price slump

Countries seeking to develop newly-discovered petroleum resources are facing a fall in global oil prices, with competition from the ‘shale gas revolution’ in the United States, as well as renewable energy … Read More

17 companies shortlisted for Uganda’s First Licensing Round for Petroleum Exploration, Development and Production

Following the end of a deadline for the Process of receiving the Request for Qualification ended on 30th June, 2015 the Ministry has said it has registered seventeen valid applicants out of … Read More

Tullow Oil, Africa Oil report positive results from Kenya’s appraisal drilling, Well testing

In the latest update by Block 10BB and 13T joint venture partners Tullow Oil and Africa Oil appraisal drilling and Extended Well Tests (EWT) continue to produce positive results. The Amosing … Read More

Africa Energy withdraws from Puntland, Somalia blocks

Africa Energy formerly Horn Petroleum Corp has announced that it has provided notice to the Puntland State of Somalia advising of its intention to withdraw from the January 2007 productions … Read More

Wentworth Resources raises $7.6 million to finance Tanzania’s Mnazi Bay developments

Wentworth Resources has announced that it has successfully raised gross proceeds of USD 7.6 million (GBP 4.9 million, NOK 59.7 million) with institutional investors and certain Directors and members of … Read More

Schlumberger Introduces Depth Domain Inversion Services

Schlumberger petro-technical experts use the services to improve the reliability and consistency of seismic structural and quantitative interpretation in complex environments. “Conventional seismic inversion in the time domain introduces inconsistency … Read More

Opportunities in East Africa as region enters Production Development Phase

Four East Africa countries among them Mozambique, Tanzania, Uganda and Kenya are headed to the development phase as they draw closer to exploit their oil and natural gas reserves providing … Read More

Wentworth Resources Estimates $3.5m in Tanzania Monthly Gas Sales

Wentworth Resources says it estimates that monthly gas sales in Tanzania into new government owned pipeline Q3 2015 could reach an estimated $3.5m monthly. Initially Mnazi Bay will be the … Read More