Africa's Oil, Gas and Energy News.
American explorer has said it has intensified efforts to identify and farm in partners in order to share exploration costs and risks in the ultra-deep water offshore blocks, L-27 and … Read More
The global oversupply of crude oil led to a sharp decline in the oil prices leading to slowed activity in the industry globally. The optimism that prices will recover and … Read More
The 2nd Uganda International Oil & Gas Summit is being hosted by the Ministry of Energy & Mineral Development His Excellency, President Museveni will give the keynote and welcoming address … Read More
The approval of this investment by Eni’s Board of Directors is another fundamental step towards the Final Investment Decision on the project. Eni’s Board of Directors has authorized the investment … Read More
British High Commissioner, Nic Hailey has said the UK will have commit $30m towards the development of local content, technical advice towards developing legislation and regulation, research, and engagement with … Read More
American explorer ERHC has said it encountered significant oil shows and highly-elevated gas readings at the Tarach-1 well located in Block 11A indicating the presence of a working petroleum system … Read More
Source: ProactiveInvestors Tullow’s partner banked nearly half a billion from a farm-out earlier this year, and Numis says a similar deal could help Tullow fix its balance sheet. Tullow Oil … Read More
Tanzania and Uganda have agreed to award the construction of the crude oil pipeline from Hoima to Tanga to multiple contractors in a bid to speed up the project. In … Read More
USD 50 million available for scalable, replicable and transformative renewable energy projects in developing countries The International Renewable Energy Agency (IRENA) and the Abu Dhabi Fund for Development (ADFD) have … Read More
