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

Eaton sees $4 billion opportunity in Tanzania’s and Mozambique’s LNG facilities

Power management company Eaton has said there is a opportunity for companies offering electrical solutions for oil and gas to make over $4 billion in the next decade from the … Read More

Did Kenya award Angote 7 Oil Blocks?

Kenya has given Nigerian Mogul Aliko Angote seven oil blocks in the country according to reports from Nigeria’s PM News citing Kiprono Kittony, the Chairman of the Nigeria-Kenya Chamber of … Read More

Oliver Kinross Africa Oil & Gas Awards set for October

On the 9th of October 2014 Oliver Kinross will be hosting the 2nd Annual Africa Oil & Gas Awards at the world class Sandton Convention Centre as part of the … Read More

Jacka Resources signs second farm-out with Sterling Energy in Somaliland

Jacka Resources has announced that Jacka Resources Somaliland Limited has signed a second Farmout Agreement with Sterling Energy (East Africa) Limited for the Odewayne Block Production Sharing Contract, onshore Somaliland, East Africa. Sterling … Read More

Mozambique sell helps cushion Anadarko from bigger losses

Anadarko Petroleum has reported a net loss of $2.669 billion largely driven by  a contingent loss of $4 billion from the Tronox Adversary proceeding agreement. The sale of a portion … Read More

Oil sector to employ over 100,000 Ugandans in 3 years

About 100,000 jobs will be generated in the oil sector in Uganda in 3 years as the country evolves from exploration and appraisal to development and production. This is according … Read More