Equinor Declares Impairment at Tanzania LNG Project
Equinor has announced that it has decided to write down the book value of its Tanzania LNG project (TLNG) on the company’s balance sheet by 982million USD. This will be … 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
Tullow Oil Provides 2020 Performance & 2021 Outlook
2020 Performance · The impact of COVID-19 has been managed effectively across the Group with negligible impact on production. · Group working interest oil production averaged 74,900 bopd in 2020, … Read More
Kenya Upstream Sector Activity to Remain Dismal Unless Government Renews or Extends Expired Licenses
The Kenya upstream sector will continue to witness a depressed environment with most planned activities unlikely to continue after multiple drill ready prospects in various licenses remain unattended after expiry … Read More
MOZAMBIQUE: Resumption of Offshore Drilling Activities in Area 4
After eight months of interruption due to the impact and restrictions of the pandemic at the global level, from January 2021, operator of Area 4 resume drilling and drilling activities … Read More
ETHIOPIA: Siemens Gamesa Inks First Wind Farm Project in Assela
Siemens Gamesa has signed its first wind power project in Ethiopia with state-owned electricity company Ethiopian Electric Power (EEP),strengthening its leadership in Africa as the country begins to expand its … Read More
What the U.S. Political Transition Might Mean for Africa Generally & Its Oil and Gas Sector in Particular
By Jude Kearney, Chairman of the US/Africa Committee of the Africa Energy Chamber 2021 could be the beginning of a much needed reset for US relations with Africa and its … Read More
Betway Kenya Renews Kariobangi Sharks Sponsorship
It is now official; the top betting site betway has extended their sponsorship deal with the Kenyan premier league side Kariobangi sharks. Betway presence in Kenya has been great as … Read More
KENYA: Eni Eyes Green Initiatives in Kenya
The President of the Republic of Kenya Uhuru Kenyatta yesterday in Nairobi met the Chief Executive Officer of Eni Claudio Descalzi to discuss potential green initiatives to be developed in … Read More
KENYA: Maximum Pump Prices for the period 15th December 2020 -14th January 2021
Super Petrol, Diesel and Kerosene will now retail at Kshs.106.82, Kshs.91.82 and Kshs.83.56 respectively in Nairobi.
KENYA: Tullow Oil Receives Licence Extension for Blocks 10BB/13T
Tullow Oil has announced that Tullow and its Joint Venture partners have received extensions to their exploration licences for Blocks 10BB and 13T in Kenya to the end of 2021. … Read More