Africa's Oil, Gas and Energy News.
Horn Petroleum which has working interest in the Dharoor Valley and Nugaal Valley exploration areas in Puntland has announced that it is now focused on making preparations for a seismic … Read More
Swala Oil & Gas (Tanzania) Plc has listed on the Dar es Salaam Stock Exchange becoming the first public owned Oil and Gas Company in East Africa. The company is … Read More
Simba Energy has announced the closure of second and final tranche of the Private Placement which is expected to raise USD $2.97 million. This is the second private placement after the … Read More
The acquisition of a 550 square kilometer 3D seismic program in blocks 10BB and 13T is on course as scheduled to be complete in the fourth quarter of 2014 according … Read More
Africa Oil has announced it will be writing off $30.8 million previously capitalized in blocks 7 and 8 on expenditures in Ethiopia. According to the company the El Kuran-3 appraisal … Read More
US-based oil and gas exploration company Camac Energy has said it is eyeing to list in the Nairobi Securities Exchange which would make it the first oil explorer to be … Read More
Kenya’s president is today expected to visit Texas in what statehouse spokesman Manoah Esipisu has termed as a knowledge sharing visit about oil and gas. The president is also set … Read More
Oil of DRCongo, a subsidiary of the Fleurette Group’s oil exploration has announced that an interpretation of the recently processed 3D seismic surveys acquired in 2013-14 over its prospects in … Read More
ERHC Energy has announced the successful completion of a major 2D seismic acquisition program of Block 11A in the Republic of Kenya. The seismic data was acquired by BGP Kenya … Read More
Extraction spending in sub-Saharan Africa is projected to increase at 8% annually over the next decade. The bulk of spending is likely to take place in South Africa and Tanzania – PwC
