$8B to be invested in Uganda in the next 3 years
Uganda expects up to $20 billion in investments as a result of the development phase in the oil and gas industry including $8 billion in the next three years as … Read More
Category: Top News
Uganda’s Oil and Gas Industrial Park Master Plan to Be Ready By June 2017
The master plan for an Oil and Gas industrial park in Uganda being developed by SMEC International will now be ready by June 2017 according to Dickens Kamugisha from the … Read More
Octant Energy to Raise $10 Million To Finance Kenya, Tanzania Blocks Acquisitions
Octant Energy has announced it has entered into a term sheet with Rosseau Asset Management to proceed with a financing of up to USD$10,000,000 through the issuance of secured convertible … Read More
Tarach 1 Well Now classified as Dry – CEPSA
The Tarach 1 well drilled in April 2016 was dry as earlier reported by OilNews Kenya according to the latest SEC filing by joint venture partner ERHC. “Operator analysis of … Read More
Erin Energy to relinquish Kenya’s offshore Blocks L27, L28
American explorer Erin Energy has said it will not seek an additional extension of its offshore L-27 and L-28 blocks due to the high costs and risks associated with frontier … Read More
Solo Oil Invests in Tanzania’s Helium One Project
Solo Oil has announced that it has agreed to acquire a 10% interest in Helium One Limited for a total consideration of £2.55 million and has also been granted a 90-day call … Read More
6th East Africa Oil And Gas Week Set For Nairobi Next Week
The 6th East Africa Oil and Gas Week takes place on the 28th – 29th March at the luxurious Fairmont, Norfolk Hotel in Nairobi. The annual East Africa Oil & Gas Week has … Read More
South Sudan, Equatorial Guinea Begin Collaboration on Oil and Gas
The two nations will use the new partnership as a basis for exchanging information on policy and regulation; promoting upstream, downstream and infrastructure projects; and collaboration between the national oil … Read More
TPDC, Dangote Group Sign Gas Sale Agreement
The Tanzania Petroleum Development Corporation (TPDC) under the Ministry of Energy and the Dangote Group has reached an agreement with the cement manufacturer on price of natural gas for use … Read More
Kaspersky Industrial Releases CyberSecurity Package for Energy Enterprises
Kaspersky Lab has announced the global availability of Kaspersky Industrial CyberSecurity for Energy, a vertical advanced package for energy enterprises, based on Kaspersky Lab’s suite for protection of industrial infrastructure. … Read More
