Exploration slows down in Kenya as rig count falls
The number of drilling rigs in Kenya is expected to significantly fall in Kenya in 2015 as oil companies cut down on exploration as well as the main players’ ramp … Read More
Aberdeen University to help develop oil and gas education in Tanzania
Aberdeen University has been awarded a £1.4million grant to help develop oil and gas education in East Africa. The grant will be split with Dar es Salaam University in Tanzania … Read More
Orca considering first phase of offshore development in Tanzania
Orca exploration has said it is contemplating a first phase of offshore development consisting of working over two existing wells (SS-5 and SS-9) that are currently suspended in order to … Read More
Kenya Algeria sign MoU on Oil and Gas
Kenya has signed a Memorandum of Understanding with Algeria to promote bilateral cooperation in the field of oil, gas and power. In a signing overseen by of President Uhuru Kenyatta … Read More
Aminex to sell another 6.5% interest in Tanzania’s Kiliwani North Development Licence
Aminex is has said that it has received formal approval from the Tanzanian Authorities to sell up to 13% of its interest in Kiliwani North Development Licence (KNDL) to Solo … Read More
Africa Oil closes $125m private placement
Canadian listed company Africa Oil has announced that it has closed the US$125,000,000 brokered private placement, previously announced on earlier this month having issued an aggregate of 57,020,270 common shares. … Read More
Lake Turkana Wind Power Project Wins African Deal of the Year Award
The Lake Turkana Wind Power (LTWP) team receives the African Renewables Deal of the Year 2014 at the IJGlobal Awards 2014 Europe & Africa, which were held at the stunning … Read More
Mozambique’s Kifaru-1 well plugged and abandoned after disappointment
Onshore Rovuma block operator through its joint venture partner Wentworth Resources that it has plugged and abandoned the Kifaru-1 well in Mozambique. The well that begun drilling in mid January … Read More
Kenyan President in Algeria to foster co-operation between the two countries
President Uhuru Kenyatta is in Algeria in a move that will see various bilateral agreements signed as well as cooperation in various sectors including oil and gas with the oil … Read More
Industrial Valves Market in the Middle East and Africa to reach $10 Billion by 2019
A new study by Research and Markets on the Industrial Valves Market in the Middle East and Africa has shown that the market demand for industrial valve in these regions is … Read More
