Swala Energy halts trading ahead of Kenya Block 12B announcement
Swala Energy has requested a trading halt to last until an announcement is made which it expects to occur before the commencement of normal trading on Monday 21 July in … Read More
Author: Samuel Kamau Mbote
Ugandan journalists to get Oil and gas training
Bloggers, alternative media producers, online journalists, TV/radio producers will in August receive training on oil and gas from various experts including the petroleum exploration and production department (PEPD), oil companies, … Read More
Orca Exploration Group in talks with third parties regarding potential sale or significant transaction
Orca Exploration Group which has its operations in Tanzania and Italy has advised that the Company is in discussions with a number of third parties which have made unsolicited approaches … Read More
Kenya’s Block 11A 2D seismic results encouraging – EHRC
The 2D seismic program covering approximately 1,000 line kilometers on Block 11A being undertaken by BGP Kenya limited on behalf of the CEPSA and ERHC partnership is nearing completion according … Read More
Bowleven set to end Strategic Alliance Agreement with Petrofac
Africa focused oil and gas explorer Bowleven which operates in Kenya and Cameroon has announced it will be terminating the Strategic Alliance Agreement with Petrofac after the two companies reached a … Read More
Three years in, is South Sudan’s oil driving its crisis?
Original story globalwitness.org On the third anniversary of its independence, South Sudan looks like it is sliding into a dangerous cycle of oil-backed debt. The new budget, announced last week, signaled … Read More
Jacka Resources planning farm-out in Tanzania ahead of seismic in 2015
Jacka Resources has announced that it will be farming out its Ruhuhu block ahead of its planned seismic acquisition in the first half of 2015 according to the company’s latest … Read More
Africa Oil, Tullow encounters no oil in Ethiopia’s Gardim-1 exploration well
Africa Oil Corp. has announced that the Gardim-1 exploration well, drilled on the eastern flank of the Chew Bahir Basin in the South Omo licence, onshore Ethiopia, has reached a … Read More
Woodside farms into Beach Energy in Western Tanzania
Woodside advises that it has finalised an agreement to farm-in to the prospective basin of Lake Tanganyika in western Tanzania. Beach Energy has accepted Woodside’s offer to acquire a 70% … Read More
Global oil exploration nears $1 trillion – where are the finds?
Original story by Reuters Two years ago Total’s chief Christophe de Margerie launched a “high risk, high reward” oil exploration strategy, betting he could hit a bonanza, even though his … Read More