Zimbabwe: Invictus Raises $25.0m to Fund Mukuyu-1 & Baobab-1 Drilling Campaign

Invictus Energy has announced a private placement to raise $25m at $0.23 per share following the Company’s decision to sole fund the initial drilling campaign in Zimbabwe’s Cabora Bassa Basin. Following the assessment of a range of options, including farm–in bids from multiple … Read More

Toshiba ESS, KenGen Conclude MoU on O&M Services for Geothermal Power Plants

Kenya Electricity Generating Company  (KenGen) and Toshiba Energy Systems & Solutions Corporation (Toshiba ESS) concluded a memorandum of understanding (MOU). The MOU anticipates a partnership of Operation and Maintenance (O&M) … Read More

UGANDA: CNOOC’s Most Advanced LR8001 Land Rig Enroute to the Kingfisher Oilfield

The most advanced Chinese oil drilling equipment in the oil and gas Industry exploration and development sector which was represented by the ‘Drilog and Welleader’ system and the land rig … Read More