Mozambique opens 15 new blocks in Fifth License Round

The Institute of National Petroleum (INP) on behalf of the Government of the Republic of Mozambique has opened the competitive bidding round to explore for hydrocarbons in the offshore Rovuma, … Read More

Africa Oilfield Logistics completes acquisition of Ardan Logistics

AIM listed African focussed support services and logistics company Africa Oilfield Logistics Ltd has announced the acquisition of the entire issued share capital of Ardan Logistics Kenya Limited following shareholder … Read More

Mixed luck for Tullow Oil, Africa Oil in Northern Kenya

Tullow Oil has reported more oil finds as well as a number of disappointments in its latest Kenya exploration and appraisal update that included the first wildcat exploration well in … Read More

Taipan Resources Adjusts Estimated Prospective Resources on Kenya’s Block 1

Taipan Resources has announced that an independent assessment of the Company’s prospective resources on Block 1, northern Kenya has been completed by RPS Energy in the United Kingdom raising the total gross … Read More

FAR raises $46.7 million to fund exploration ventures in Africa and Australia

FAR Ltd has completed a placement to institutional and sophisticated investors to raise $46.7 million before expenses by issuing 424,961,685 shares. The capital raising follows the significant oil discovery in … Read More

Swala Energy to raise $4.4M to fund activities in Kenya and Tanzania

Swala Energy Limited has announced a Share Purchase Plan to raise up to A$5.0 million (US $4.4 million) to fund additional near-term work on the Company’s Tanzanian and Kenyan licences, … Read More

WHL Energy says initial data from Junon 3D seismic data encouraging

Australian explorer WHL Energy has announced it received the initial ‘fast-track’ data volume from the Junon 3D seismic survey acquired offshore the Seychelles by the Ophir Energy/WHL Energy JV in July 2014. WHL says this … Read More

PetroServices eyes expansion into the East African market

German oil field supplier and service provider PetroServices has said it is looking into opening an office in Kenya to tap into the expanding oil and gas sector. According to … Read More