Author: Samuel Kamau Mbote
Special Unit to monitor Tanzania’s natural gas revenues, sovereign wealth fund
Tanzania has announced it will be forming a special unit that will look into the country’s revenue from natural gas as the country prepares to start production in the first … Read More
Pavilion Energy’s transaction with Ophir to finance Tanzanian operations in 2015
Ophir Energy says its completion of the divestment of a 20% interest in Blocks 1, 3 and 4, Tanzania to Pavilion Energy for S$1.25 billion (pre-tax) with a further US$38 … Read More
Kenya’s Sala-2 appraisal well set to spud in Q3
Marathon oil has announced that the Sala-2 appraisal well in block 9 will spud in the third quarter of 2014. This follows the success of Sala-1 exploration well, which is … Read More
Dolphin Geophysical expands its Processing and Imaging business segment
Following the award of several key processing projects, Dolphin Geophysical has announced a record external backlog for Processing & Imaging (P&I) and Processing software sales in excess of USD 10 million. … Read More
Simba’s FTG Survey narrows 2D seismic acquisition areas in Kenya’s Block 2A
Simba Energy Inc. has announced it is in receipt of Bell Geospace’s final report and results from their aerial FTG (Full Tensor Gradiometry) survey analysis and interpretation at it’s 100% interest … Read More
Horn Petroleum prepares for seismic acquisition in Somalia
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 and Gas Tanzania lists on the Dar es Salaam stock exchange
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 raises funds for exploration in Kenya and Guinea
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
Kenya’s Block 10BB, 13T 3D seismic on course to be complete in Q4
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