Zarara Oil and Gas to drill well in Kenya’s Block L4 in Q2 2016
Zarara Oil and Gas plans to drill a well in Block L4 in 2016 after postponing its earlier planned date in 2015 according to a company representative who spoke to … Read More
Category: Top News
Africa Oil exploration expenditures in Kenya drop to $146.2 million in 2015
Canadian exploration company Africa Oil says it incurred $146.2 million of intangible exploration expenditures in Kenya for the six months ended June 30, 2015 a drop from $169.5 million in … Read More
Wentworth Resources reports $4.5 million loss as Mnazi Bay Development Continues
Wentworth Resources has reported a $4.5 million loss for the six months ended in June 30th 2015 as second quarter exploration dropped and development capital expenditures increased significantly to $2.31 … Read More
Global Witness cautions on four shortlisted firms in Uganda’s first licensing round
Transparency body Global Witness while lauding the first licensing round as an step forward for transparency in the country has cautioned on four shortlisted companies which it says have a … Read More
Uganda Government Shortlists 16 firms in First Petroleum Licensing Round
The government of Uganda has announced that it has concluded the evaluation of Applications for Qualification from the 17 firms that submitted the Applications following a successful First Licensing Round … Read More
Kenya, Uganda agree on crude oil pipeline route
The governments of Kenya and Uganda have announced that they have agreed on the route to be taken by the crude oil pipeline that will transport oil from the Albertine … Read More
Uganda National Oil Company (NOC) Incorporated
Government of Uganda has concluded the process of incorporating the Uganda National Oil Company Limited which was registered at the end of June 2015 is now a legal entity. This … Read More
Swala Energy gets Ministerial Consent for Tanzania Farm-Outs
Swala Energy Limited has reported that its subsidiary company Swala Oil and Gas (Tanzania) Plc has received a no objection notice from the Tanzanian Ministry of Energy and Mines to … Read More
African oil & gas organisations plan for an upturn in the oil price: PwC survey
Overall, activity in the oil & gas industry across the African continent has slowed in the wake of the declining oil price in late 2014. “While the oil price has … Read More
Preview into Uganda’s Oil and Gas Sector
Uganda’s oil and gas sector has since the discovery of oil in 2006 transitioned from the exploration and appraisal phase to the development phase as the country prepares for sustainable … Read More
