Helge Lund takes over at BG Group
BG Group has announced that former Statoil CEO Helge Lund has taken over the helm at the Company as Chief Executive and an Executive Director ahead of the previously announced … Read More
Author: Samuel Kamau Mbote
Export pipeline from Songo Songo processing plant to KN-1 gas well complete
Aminex plc the operator of the Kiliwani North gas field in Tanzania’s Kiliwani North Development Licence, has advised the partners that the newly constructed gas export pipeline from the Songo … Read More
Simba Energy raises $360,000 to fund exploration in Africa
Simba Energy has announced it has completed a non-brokered private placement involving the sale of up to 15,000,000 units at a price of Cdn$0.03 per Share. Each unit will consist … Read More
Oil, Gas and Chemical Industry advised to adopt cost culture to survive current environment
With the recent fall-off in oil prices, companies in virtually all sectors of the oil, gas and chemicals (OGC) industry worldwide are going to have to plan and manage … Read More
Badada-1 Well Drilling Update in Block-2B, onshore Kenya
Taipan Resources through its Kenya-based subsidiary Lion Petroleum in its new update drilling operations for the Badada-1 well Block-2B, onshore Kenya have reached to a total depth of 1,647 … Read More
Burundi commits to implement the EITI
The Government of the Republic of Burundi formally committed to implement the Extractive Industries Transparency Initiative, EITI Standard in a declaration published by Come Manirakiza, Minister of Energy and Mine on … Read More
Statoil confirms Eldar Sætre as CEO
[twitter-follow screen_name=’oilnewskenya’] Statoil has confirmed the appointment of Eldar Sætre as new CEO after four months as acting as president and CEO. Sætre who has 35 years’ experience from Statoil … Read More
Solo acquires Kiliwani North Development Licence in Tanzania
[twitter-follow screen_name=’oilnewskenya’] Solo has announced it has now signed the Asset Purchase Agreement with Aminex plc for the first 6.5% interest in the Kiliwani North Development Licence (KNDL) at a … Read More
Afren receives $300 million debt facility
[twitter-follow screen_name=’oilnewskenya’] Afren plc has provided an update regarding the review of its capital structure, liquidity and funding requirements as announced on 27th January as the business seeks to address … Read More
EMAS AMC secures contracts worth over $65 million
[twitter-follow screen_name=’oilnewskenya’] Leading contractor and provider of integrated offshore solutions to the oil and gas industry Ezra Holdings has announced that the Group’s Subsea Services division, EMAS AMC, has secured … Read More