Kenya, Somalia could settle border dispute outside court
A maritime border dispute between Kenya and Somalia that has clouded the future for oil and gas exploration in seven blocks could be headed out of court months after the … Read More
Africa Energy withdraws from Puntland, Somalia blocks
Africa Energy formerly Horn Petroleum Corp has announced that it has provided notice to the Puntland State of Somalia advising of its intention to withdraw from the January 2007 productions … Read More
Wentworth Resources raises $7.6 million to finance Tanzania’s Mnazi Bay developments
Wentworth Resources has announced that it has successfully raised gross proceeds of USD 7.6 million (GBP 4.9 million, NOK 59.7 million) with institutional investors and certain Directors and members of … Read More
Schlumberger Introduces Depth Domain Inversion Services
Schlumberger petro-technical experts use the services to improve the reliability and consistency of seismic structural and quantitative interpretation in complex environments. “Conventional seismic inversion in the time domain introduces inconsistency … Read More
Opportunities in East Africa as region enters Production Development Phase
Four East Africa countries among them Mozambique, Tanzania, Uganda and Kenya are headed to the development phase as they draw closer to exploit their oil and natural gas reserves providing … Read More
Wentworth Resources Estimates $3.5m in Tanzania Monthly Gas Sales
Wentworth Resources says it estimates that monthly gas sales in Tanzania into new government owned pipeline Q3 2015 could reach an estimated $3.5m monthly. Initially Mnazi Bay will be the … Read More
Tullow Oil Agrees To Pay Uganda Government $108 million To End Tax Dispute
A tax row that has ensued between oil explorer Tullow Oil and the government of Uganda and the Uganda Revenue Authority in regards to two farm downs to China’s CNOOC … Read More
Challenges Kenya Must Address in the Oil and Gas Sector
Following the conclusion of the second local content convention speakers pointed out various gaps that must be addressed if the country is to benefit from the growth in the nascent … Read More
Maurel et Prom reports Promising results of the MB-4 development well in Tanzania
Manzi Bay operator Maurel et Prom has announced that the MB-4 development well, drilled 800 m from the MB-2 and MB-3 wells at the Mnazi Bay gas field, has crossed … Read More
2nd Local Content Convention Opens Amid Calls For Preference of Local Companies
The 2nd Local content convention opened its doors on Wednesday bringing together players from the government and private sector to discuss ways of enabling local companies to participate in the … Read More
