SOMALILAND: Has Genel Energy Discovered Oil in Salaxley?
Days after a war of words over the legality of Genel’s Energy license to explore in Somaliland one of the seven Federal Member States of Somalia (though largely autonomous with … 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
TANZANIA: Kinyerezi 1 Expansion Drives Gas Demand despite Record Production
As the extension of the Kinyerezi I Power Station continues to increase power generation capacity from 150 megawatts to 335 megawatts gas providers are already embracing themselves for increased gas … Read More
TANZANIA: Increased Upstream Activity Expected Onshore in 2023
Tanzania is expected to see increased upstream activity in 2023 in all aspects including seismic, exploration drilling, development and production buoyed by improved oil prices and goodwill from the country’s … Read More
Somaliland Defends Issuance of Exploration Licences In an Increasing War of Words With Somalia
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: Federal Government Declares Genel Energy Operations in Somaliland Illegal
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
KENYA: AICS, Italian Embassy & Eni kick off the programme SEMAKENYA II to Promote Agro-ecology & Biofuels
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
SOUTH SUDAN: KLG Advises Savannah Energy on $1.25B Acquisition of Petronas Oil & Gas Business
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
SOUTH SUDAN: PETRONAS to acquire Savannah Energy’s Entire Oil and Gas Business for up to US$1.25 billion
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
KENYA: Africa Oil Ordered to Pay $18.7M in Farm-out Taxes to Revenue Authority
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
TANZANIA: Maurel & Prom S.A., Wentworth Resources Reach Agreement on Terms of a Recommended Acquisition of Mnazi Bay
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