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
Author: Samuel Kamau Mbote
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
Far to raise KES 700 million for offshore Kenya exploration
Australian explorer FAR Ltd has announced an equity raising placement which is expected to raise $8 million before expenses. The placement is being undertaken to fund further exploration in offshore … 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
Vivo Energy Kenya, the company that distributes and markets Shell branded fuels and lubricants, has launched Shell Advance, a new range of motorbike lubricants targeting over 700,000* motorbikes in Kenya. The industry has … 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
Ophir Energy announces gas discovery in Tanzania
Ophir Energy plc has announced the successful results of the Taachui-1 & subsequent Taachui-1 ST1 well in Block 1, Tanzania which has resulted in a new gas discovery. The Taachui-1 … Read More
