Need To Cut Upstream costs,Have Reasonable Local Content Requirements in Sub-Sahara Africa – – Wood Mackenzie

As only one third of the continent’s pre-sanction projects are economical at less than US$50 per barrel ($/bbl), Wood Mackenzie says greater collaboration with the service sector, increased focus on … Read More

Development Stage A Massive Logistics Exercise – Summaya Athmani

National Oil Corporation Managing Director Sumayya Athmani is asking local companies in the logistics field to prepare for the development stage so that they should not lose out from the … Read More

East Africa Oil and Gas Expo set for Nairobi, Dar es Salaam in Q2 2016

For the fifth time in Kenya and second time in Tanzania the East Africa Oil and Gas Expo is set to occur in East Africa targeting key players in the … Read More

Democratic Republic of Congo extends Total E&P license in the Albertine Graben

Democratic Republic of Congo Block III operator Total E&P has reported that its application to the Ministry of Hydrocarbons of the Democratic Republic of Congo for an extension of the … Read More

GPB Global Resources begins 2D seismic acquisition in Ethiopia

Russian explorer GPB Global Resources has said it has began acquiring 2D seismic at the Gewane-El Wiha license area where it signed a Petroleum Production Sharing Agreement (PPSA) in July … Read More

Tata Petrodyne seals farm-out transaction with Swala Energy after payment of $5.7 million

Swala Energy Limited has confirmed that US$5.7 million has been received from Tata Petrodyne Limited (TPL) pursuant to the farm-out transaction with TPL for the Kilosa-Kilombero and Pangani licences in … Read More

CEOs of World’s largest Oil and gas companies jointly declare action on climate change

The chief executive officers of 10 of the world’s largest oil and gas companies – which together provide almost a fifth of all oil and gas production and supply nearly … Read More