Swala Oil and Gas to raise Kshs.260 million in Tanzanian IPO
Swala Oil and Gas will starting today open its shares to the Tanzanian public selling 9.6 million shares at TZS 500 (approx. $0.31) a share as it seeks to get … Read More
Category: Top News
Zakhem International wins Kenya’s oil pipeline tender
Lebanese company Zakhem International has been awarded the building of the oil pipeline from Nairobi and Mombasa after submitting a bid of KES43 billion against a tender of Kshs.53 billion … Read More
Somalia offshore 2D seismic complete
The Federal Government of the Republic of Somalia has announced that Soma Oil & Gas Exploration Limited has completed the offshore seismic acquisition programme across the Offshore Evaluation Area of … Read More
2D Seismic acquisition in Kenya’s Block 11B set for H2 2014
2D seismic acquisition for 500 kilometers in Block 11B is expected to start soon with the tendering process at an advanced stage according to a presentation made Bowleven CEO Kevin … Read More
Kenya’s Block 12B Seismic due in Mid-June
Results on the 350km of 2D seismic acquisition carried out by BGP International on Block 12B located on the Nyanza Rift are expected in the coming days according to a … Read More
East Africa’s oil pipeline consultant bid to be advertised by July
The Kenya, Uganda, South Sudan oil pipeline consultancy bid advertisement is expected to be out in the next two to three weeks according to Kenya’s ministry of energy. The pipeline … Read More
Vivo Energy Kenya Launches Shell Motorbike Lubricants
Uganda has announced that it will award more than a dozen oil exploration blocks in 2015 ending an eight year wait since the last licensing. The announcement by the Petroleum … Read More
MDT International sees Africa, South America as new growth areas
Global training provider for the oil and gas industry MDT International it sees Africa and South America as the new growth frontiers that need increased public awareness in the sector. … Read More
Tower Resources completes farm-in to Block 2B, Kenya
Oil and gas exploration company, Tower Resources plc has announced the completion of its farm-in to Block 2B, onshore Kenya. The company agreed to acquire a 15% interest in Block … Read More
Somalia offshore seismic results expected in H2
The marine acquisition for 2D and 3D seismic data in Somalia by Seabird Exploration under contract from Soma Oil and Gas is expected in the coming weeks with the study … Read More