Posted in Top News

Afren recieves one month deferral of $50m from Ebok debt facility

Afren has announced an update regarding the review of its capital structure, liquidity and funding requirements saying it has obtained…

Posted in Profile

East African Petroleum Conference & Exhibition 2015 to start this week in Rwanda

The seventh East African Petroleum Conference & Exhibition 2015 (EAPCE’15) will be held 4 to 6 March 2015 at the…

Posted in Top News

Exploration slows down in Kenya as rig count falls

The number of drilling rigs in Kenya is expected to significantly fall in Kenya in 2015 as oil companies cut…

Posted in Top News

Aberdeen University to help develop oil and gas education in Tanzania

Aberdeen University has been awarded a £1.4million grant to help develop oil and gas education in East Africa. The grant…

Posted in Top News

Orca considering first phase of offshore development in Tanzania

Orca exploration has said it is contemplating a first phase of offshore development consisting of working over two existing wells…

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Kenya Algeria sign MoU on Oil and Gas

Kenya has signed a Memorandum of Understanding with Algeria to promote bilateral cooperation in the field of oil, gas and…

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Aminex to sell another 6.5% interest in Tanzania’s Kiliwani North Development Licence

Aminex is has said that it has received formal approval from the Tanzanian Authorities to sell up to 13% of…

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Africa Oil closes $125m private placement

Canadian listed company Africa Oil  has announced that it has closed the US$125,000,000 brokered private placement, previously announced on earlier…

Posted in Wind

Lake Turkana Wind Power Project Wins African Deal of the Year Award

The Lake Turkana Wind Power (LTWP) team receives the African Renewables Deal of the Year 2014 at the IJGlobal Awards…

Posted in Top News

Mozambique’s Kifaru-1 well plugged and abandoned after disappointment

Onshore Rovuma block operator through its joint venture partner Wentworth Resources that it has plugged and abandoned the Kifaru-1 well…