Mozambique president meets with Eni executives to review progress

The President of Mozambique, Armando Emilio Guebuza on Wednesday met with Eni’s Chief Executive Officer, Claudio Descalzi, to review progress on the development of ongoing projects in the country. During … Read More

Schlumberger reduces seismic fleet as deepwater exploration spending falls

The world’s largest oilfield services company Schlumberger has announced it will be reducing its WesternGeco fleet as lower commodity prices lead to short-term cost cutting measures by exploration companies. According … Read More

Drilling in Kenya’s Block 11A to begin within 12-16 months

Block 11A partner Houston based ERHC has announced that together with the block operator CEPSA Kenya Limited (a wholly owned affiliate of Compañía Española de Petróleos, S.A.U. (CEPSA) it plans … Read More

Swala Energy hints possible Farm-in in Eastern Africa

Swala Energy has announced that it is in farm-in conversations in Eastern Africa as the company seeks ways of raising alternative funding transactions. This follows the withdrawal of a share … Read More

4th Oil & Gas Africa International Trade Exhibition set for Nairobi in April 2015

The 4th Oil & Gas Africa International Trade Exhibition is set to happen in April 2015 in Nairobi bringing together key players in the oil and gas community from around … Read More

Court lifts Temporary Injunction Order barring drilling of Badada-1 in Kenya’s Block 2B

[twitter-follow screen_name=’oilnewskenya’] The high court in Nairobi has allowed Block 2B operator Taipan Resources to continue with drilling preparations after lawyers representing the Company’s wholly-owned Kenya-based subsidiary, Lion Petroleum Inc. … Read More

Analyst predict flat growth outlook for oil and gas industry in 2015

[twitter-follow screen_name=’oilnewskenya’] A new global oil and gas outlook by Moody’s has projected that the industry will witness a flat growth in 2015 a downgrade from the earlier expectation of … Read More

Swala Energy to seek alternative funding for drilling in East Africa

[twitter-follow screen_name=’oilnewskenya’] Board members of Australian explorer Swala Energy have said the company will be seeking alternative funding to finance its drilling obligations ahead of its planned campaign in 2015 … Read More