Exclusive: Mtwara to Dar Es Salaam Gas Pipeline Project update
The construction of the Mtwara to Dar Es Salaam Gas Pipeline Project is almost complete with 504 km welded pipes of 505 km complete with 499 km trenched at Dar … Read More
Author: Samuel Kamau Mbote
FAR raises $46.7 million to fund exploration ventures in Africa and Australia
FAR Ltd has completed a placement to institutional and sophisticated investors to raise $46.7 million before expenses by issuing 424,961,685 shares. The capital raising follows the significant oil discovery in … Read More
Swala Energy to raise $4.4M to fund activities in Kenya and Tanzania
Swala Energy Limited has announced a Share Purchase Plan to raise up to A$5.0 million (US $4.4 million) to fund additional near-term work on the Company’s Tanzanian and Kenyan licences, … Read More
WHL Energy says initial data from Junon 3D seismic data encouraging
Australian explorer WHL Energy has announced it received the initial ‘fast-track’ data volume from the Junon 3D seismic survey acquired offshore the Seychelles by the Ophir Energy/WHL Energy JV in July 2014. WHL says this … Read More
PetroServices eyes expansion into the East African market
German oil field supplier and service provider PetroServices has said it is looking into opening an office in Kenya to tap into the expanding oil and gas sector. According to … Read More
Indication of oil in Lidongo X Marine 101 well offshore Congo
SOCO has announced that SOCO EPC, operator of the Marine XI Block offshore the Republic of Congo (Brazzaville), has completed drilling the exploration well Lidongo X Marine 101 well. According … Read More
Helge Lund leaves Statoil for BG Group as Chief Executive
BG Group has today announces the appointment of Helge Lund as Chief Executive and as an Executive Director with effect from 2 March 2015. Helge who is currently the Chief Executive … Read More
Solo Oil acquires interest in Kiliwani North Gas Field, Tanzania
Solo Oil plc has announced that it has signed binding heads of agreement to acquire an initial 6.5% interest in the soon to be producing Kiliwani North Development License in … Read More
Statoil, Exxon Mobil discover an additional 1.2TCF in Giligiliani-1 well offshore Tanzania
Statoil and co-venturer Exxon Mobil have announced that the Giligiliani-1 exploration well has resulted in a new natural gas discovery offshore Tanzania. The discovery of an additional 1.2 trillion cubic … Read More
Afren fires CEO, COO and Associate Directors after corruption investigations report
Afren plc has announced that Willkie Farr & Gallagher (UK) LLP has completed its independent review into the receipt of unauthorised payments by members of management and senior employees. In … Read More
