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Kenya Joint Venture Partners Sign Heads of Terms Agreements for Development of the South Lokichar Basin

Heads of Terms agreements with the Government of Kenya and joint venture partners, Africa Oil, Tullow Oil plc and TOTAL…

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TechnipFMC Awarded Subsea Contracts for Anadarko’s Mozambique LNG

TechnipFMC has been awarded a number of subsea contracts by Anadarko Moçambique Área 1, Lda, a wholly owned subsidiary of…

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Oil & Gas CEOs record positive outlook of company growth despite growing anxiety over threats

According to the 2019 Global CEO Outlook published by KPMG International, business leaders in the oil & gas sector are…

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McDermott announces contract agreement with Anadarko for Mozambique LNG development

McDermott International has announced that CCS JV, a joint venture between McDermott, Saipem and Chiyoda, has reached full agreement for…

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Uganda to Offer 5 New Blocks in Second Licensing Round

The government of Uganda has announced that it will be offering five blocks situated in the Albertine Basin in its…

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South Africa’s State-owned Oil Company Signs Deal to Explore Highly-prospective Oil Block B2 in South Sudan

South Africa’s state-owned oil company Strategic Fuel Fund (SFF) will own and operate Block B2; In 2018, South Africa agreed…

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African Energy Chamber and Oil Industry Investors Welcome South Sudan Investment Drive in South Africa

South African and African private sector participants have an amazing opportunity to invest in South Sudans’ peace and make huge…

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NEMA Approves Tilenga Project

The National Environment Management Authority (NEMA) has granted Certificate of Approval of Environmental Impact Assessment (EIA) for the Tilenga Project….

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Uganda Withdrew $54 Million from Petroleum Fund

The Government of Uganda withdrew $54 million or 200 Billion shillings from the Petroleum Fund ahead of production according to…

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Ugandan cabinet gives go-ahead to apply for EITI membership to boost investments

Country sees joining the EITI as an opportunity to create lasting value from its petroleum resources The Ugandan cabinet has…