Gulf Interstate Engineering Bags Uganda-Tanzania Crude Oil Pipeline Design Contract

Houston based  Gulf Interstate Engineering which specializes in project management, engineering and design, procurement and material and construction management services for oil and gas production, transportation and storage systems has … Read More

Tullow Oil Budgets $225M in Kenya’s Pre-development, Exploration and Appraisal Expenditure in 2017

Tullow Oil has announced that it will set aside $225M of the $500M Group’s capital expenditure to Kenya’s Pre-development, Exploration and Appraisal Expenditure this year. This expenditure is expected to … Read More

Swala Energy Exits Kenya’s Block 12B

There is uncertainty on whether Australian firm Swala Energy which held 50 percent equity in Kenya’s block 12B has relinquished its share with the Tullow Oil website indicating that the operator now … Read More

Tullow Oil announces $900M farm down of Uganda assets to Total

A Sale and Purchase Agreement with an effective date of 1 January 2017 has been signed in which Tullow has agreed to transfer 21.57% of its 33.33% interests in Exploration Areas … Read More

5th edition of ‘Africa Business Forum’ set for Addis Ababa in March

The panel topics at the 5th Africa Business Forum represent the areas of Finance & Capital Investment, ICT, Agriculture & Mining, Power & Energy, Consumer Goods & General Trade, Logistics … Read More

Uganda awarded Officials, Lawyers $1.65M After winning Heritage Oil Tax Dispute

A new expose by Ugandan Daily Chimp Reports newspaper has revealed that 39 government officials were awarded cash bonanzas equaling Ush6 billion (equivalent $1.65M) after winning the protracted Heritage/Tullow oil Capital … Read More

Kenya’s Onshore Upstream Sector Set to Pick Up in 2017

Upstream activity in Kenya is expected to re-surge after hitting a low in 2016 in the backdrop of low oil prices that shut down offshore activity and left the onshore … Read More