Africa's Oil, Gas and Energy News.
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
The people’s republic of Somaliland has defended exploration licenses issued to international oil corporations including Genel Energy following a statement terming issuance of PSCs to international investors as illegal. In … Read More
Somalia’s Ministry of Petroleum and Mineral Resources has condemned Genel Energy’s activities in the autonomous region of Somaliland terming them as illegal. According to s statement by the ministry warns … Read More
The Italian Agency for Development Cooperation (AICS), the Embassy of Italy in Nairobi and Eni have launched SEMAKENYA II programme to test climate-resilient agronomic practices and technologies in Makueni County. The initiative, … Read More
Kirk Lovegrove & Company has advised Savannah Energy PLC on the acquisition of PETRONAS’s entire oil and gas business in South Sudan for a total cash consideration of up to … Read More
Savannah Energy PLC has announced that it has entered into a Share Purchase Agreement (SPA) with PETRONAS International Corporation Limited to acquire PETRONAS’ entire oil and gas business in South Sudan … Read More
High Court of Kenya has announced its decisions on the Company’s Tax Appeal Case Number 024 (consolidated with KRA’s Tax Appeal Case Number 051) with regard to the VAT assessment. … Read More
Wentworth Resources plc and Etablissements Maurel & Prom S.A. (M&P) have announced that they have reached agreement on the terms of a recommended acquisition of the entire issued and to … Read More
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
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
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
