Africa's Oil, Gas and Energy News.
The farm-out process for onshore blocks SL-10-B and SL-13 in Somaliland is expected to yield fruit in the coming months with the operator Genel Energy saying the process which began … Read More
In 2019, offshore discoveries accounted for more than 60% of global discoveries, up significantly on previous years, says GlobalData, a leading data, and analytics company. The company’s report, reveals that … Read More
Global oil and gas overall deal volume and deal value were down 17.7% and 10.8% respectively in 2019, as stagnant commodity prices, disappointing results, and low returns left the industry … Read More
Key takeaways While total oil and gas deal count declined in 2019, total deal value held up thanks to several mega-deals, primarily in upstream and downstream. Majors and large independents … Read More
Dear Esteemed Reader, Advertise on OilNews Kenya at a discounted weekly price of $100 and reach up to 5,000 viewers from East Africa and around the world. Space is available … Read More
Tullow Oil is planning to reduce its staff head count in Kenya, Uganda and Ghana as the company plans to cut down expenses by $20 million in 2020 as the … Read More
CGG has announced the final 3D PSDM seismic dataset from its recent 15,400 sq km multi-client survey of the outer Zambezi Delta in the Mozambique Basin is now available for … Read More
Assuming balanced markets and barring other geopolitical events, Brent prices are expected to trade in the USD55-65 range; “Wait-and-see attitude” on geopolitical and economic issues loom over market and investors; … Read More
Italian oil and gas company ENI, also a partner of the National Hydrocarbon Company, ENH, launched the hull of its Coral South FLNG unit at Samsung’s Geoje shipyard in South … Read More
Uganda’s Ministry of Energy and Mineral Resources has renewed exploration licenses for for Nigeria’s Oranto Petroleum Ltd (OPL) and Australia’s Armour Energy after the two licensees fulfilled the work programme … Read More
