Taipan completes 2D seismic in Kenya’s Badada prospect

Taipan Resources Inc has reported that an additional 196.2 km 2D seismic survey on Block 2B onshore Kenya has been completed, confirming robust closure at the Badada prospect, formerly known as the Pearl … Read More

East Africa Community lawyers and dons to get training on extractive sector law formulation

The East African Development Bank will from next week train senior policy makers in the East African Community in the extractive sector  with the aim of improving the negotiation and … Read More

Africa Oil Announces Farmouts in the Rift Basin Area and Adigala Blocks in Ethiopia

Africa Oil has announced that it has received Ethiopian government approval in respect of two farmout agreements with Marathon Oil and New age Ethiopia Limited. Under the terms of the … Read More

Statoil announces successful test in Block 2 offshore Tanzania

Statoil and co-venturer ExxonMobil have announced the results from their first drill stem test in the Tanzania Block 2 offshore discoveries. The data acquired is important to reduce technical uncertainties in a possible future Tanzania … Read More

East Africa lacks extractive industry taxation capacity

Article courtesy of OxfamAmerica Dr. Prosper Ngowi Dr. Prosper Ngowi, an economics professor from Tanzania, said that Tanzania has lost a lot of revenue from the gold sector because of … Read More