Soco to complete seismic in Controversial DRC’s Virunga Park by June
Soco international will complete the ongoing lake bed seismic survey on Lake Edward on Block V by the end of this quarter according to the latest update by the company. … Read More
Category: Top News
Results on Taachui-1 well in Tanzania expected in two weeks
Ophir Energy has announced that results from the offshore Taachui-1 well in Block 1 will be known by the end of May. The well is projected to have a mean … Read More
Africa Oil, Tullow appraisal activities strike more oil in Northern Kenya
Africa Oil and its Partner Tullow oil have hit some 62 meters of vertical net oil pay in a well drilled towards the north of Twiga 1 and is currently … Read More
Tullow Oil loses Uganda’s Ngassa oil field
The Ugandan government has repossessed the Ngassa oilfield from British explorer Tullow Oil after the company failed to keep up with the appraisal schedule and the East African country failed … Read More
Kenya to host its first local content conference in the oil and gas industry
Nairobi will next month host the first conference and exhibition that seeks to stir debate on local content in the upstream oil and gas industry in the Eastern Africa region. … Read More
Kenyan Insurers reap from oil and gas boom
Kenyan underwriters are already gaining from the increased exploration of oil and gas onshore and offshore although there is no single statistic in the industry to indicate just how much … Read More
Sterling Energy announces completion of farm-in to Odewayne Block
Sterling Energy has announced that completion has now occurred under the Farmout Agreement with Jacka Resources Somaliland for the acquisition of an additional 15% interest in the Production Sharing Contract … Read More
Mining Bill 2014 violates human rights, encourages corruption – Lobby Groups
Civil society groups in Kenya have raised a red flag on the proposed Mining Bill 2014 which they say will lead to compulsory acquisitions of land from communities in mining … Read More
Uganda to borrow $145mn for infrastructure upgrade ahead of oil production
The Uganda government has said it will borrow $145 million for revamping infrastructure in the Albertine region part of $320 million to be sought from World Bank’s arm the International … Read More
Madagascar Oil Declares Block 3104 Tsimiroro commercially viable
Madagascar Oil has announced it has determined that the Block 3104 Tsimiroro discovery is a ‘Commercial Discovery’, under the terms of the Production Sharing Contract between OMNIS and Madagascar Oil S.A. (‘PSC’). Declaration of … Read More