Africa's Oil, Gas and Energy News.
Joint Venture partners ExxonMobil and Sterling Energy have announced that they have signed the relevant documentation with Office des Mines Nationales et des Industries Stratégique OMNIS to relinquish the Ampasindava … Read More
Statoil has announced that the Mdalasini-1 exploration well has resulted in a new natural gas discovery offshore Tanzania encountering an additional 1.0-1.8 trillion cubic feet (tcf*) of natural gas in … Read More
The AIM listed oil & gas exploration company Sterling Energy Plc has announced it has received a Ministerial and Presidential approval was granted in October 2014 to extend the current … Read More
Significant growth in the global middle class, expansion of emerging economies and an additional 2 billion people in the world will contribute to a 35 percent increase in energy demand … Read More
[twitter-follow screen_name=’oilnewskenya’] British energy and mining firms will from January 1 2015 have to disclose all payments they make to governments in countries they operate in as the UK government … Read More
Kenya’s president is today expected to visit Texas in what statehouse spokesman Manoah Esipisu has termed as a knowledge sharing visit about oil and gas. The president is also set … Read More
[twitter-follow screen_name=’oilnewskenya’] Statoil’s net income for the second quarter has surged to $1.94 billion from the previous $692 million in the same period of 2013 with earnings per share up … Read More
Original story by Reuters Two years ago Total’s chief Christophe de Margerie launched a “high risk, high reward” oil exploration strategy, betting he could hit a bonanza, even though his … Read More
Technip was awarded a new framework agreement by Statoil, Exxon Mobil and Gassco for diving, subsea intervention and repair contingency services. Under the terms of this framework agreement, a replacement … Read More
The Tanzania Petroleum development corporation (TPDC) has dismissed a leaked document that shows that the East African country will lose $1 billion annually under a production sharing agreement between TPDC, … Read More
