TANZANIA: Ruvuma PSA JV Signs an Addendum to the PSA
On 25 November 2022, at the Tanzania Petroleum Development Corporation (TPDC) headquarters in Dar es Salaam, the parties to the Ruvuma PSA signed an addendum to the PSA. The Ruvuma … Read More
Category: Eastern Africa
East Africa or Eastern Africa is the eastern region of the African continent, variably defined by geography. The countries include: Burundi, Djibouti, Eritrea, Ethiopia, Kenya, Rwanda, Somalia, South Sudan, Sudan, Tanzania, Uganda
KENYA: Kenyans Could Wait Longer for First Oil as JV Partners Seek an Extension of the Field Development Plan Review Period
Project Oil Kenya leading joint venture has called for an extension to the period earlier set for review field development plan submitted on 10th December 2021 saying this will allow … Read More
Africa Oil Reports Q3 2022 Financial Results with Record Realised Oil Price
The Company received one dividend from its shareholding in Prime for $50.0 million(1) in Q3 2022 (first nine-month 2022 total of $212.5 million). Total amount of the dividends received so … Read More
MOZAMBIQUE: Eni, CNOOC Seek Exploration Rights in the Angoche & Save Basin
International energy companies Eni Mozambico SpA and CNOOC Hong Kong Holding Limited, last week submitted proposals to explore areas under the 6th Licensing Round for the concession of areas for oil and gas exploration … Read More
MOZAMBIQUE: First LNG Cargo Departs from Coral Sul FLNG, Offshore the Rovuma basin
Eni, as Delegated Operator of the Coral South project on behalf of its Area 4 Partners (ExxonMobil, CNPC, GALP, KOGAS and ENH), informs that the first shipment of liquefied natural … Read More
Glencore fined $314M for ‘Highly Corrosive’ and ‘Endemic’ Corruption in 5 African Oil States
Glencore Energy UK Ltd will pay £280,965,092.95 million (over 400 million USD) after an SFO investigation revealed it paid US $29 million in bribes to gain preferential access to oil … Read More
UGANDA: EACOP Provides transitional support to Project Affected Persons
The East African Crude Oil Pipeline (EACOP) Ltd, has provided transitional support in form of food baskets to eligible Project Affected Persons (PAPs) as a short-term measure to support their … Read More
TANZANIA: Chikumbi-1 Drilling Pushed to March 2023
Aminex reports that it has been informed of a delay to the spud date of the forthcoming Chikumbi-1 (CH-1) well by the operator, ARA Petroleum Tanzania Limited (APT). Due to … Read More
GABON: BW Energy Provides Q3 2022 trading and financial update
BW Energy today has provided an update on the operations and development of the Dussafu Marin license in Gabon. The Company will publish financial figures for the third quarter of … Read More
MOROCCO: Sound Energy Provides Update Regarding its Exploration Permits at Sidi Moktar & Grand Tendrara
Sidi Moktar exploration permits The Sidi Moktar exploration permits cover approximately 4,712 square kilometres in Southern Morocco with an initial period, as previously extended, of 4 years and 6 months … Read More