CNOOC begins pre-production well drilling in Uganda

The China National Offshore Oil Corporation (CNOOC) has begun drilling of Kingfisher 4 pre-production well in Hoima district as the company prepares for commercial production in Uganda. The drilling of … Read More

Siemens, Dresser-Rand Group announce merger

Dresser-Rand Group Inc. a global supplier of rotating equipment and aftermarket parts and services, has announced that it has entered into a definitive merger agreement with Siemens under which Siemens … Read More

Otto Energy divests in its Galoc oilfield to focus more on East Africa exploration

Otto Energy Limited has executed a sale and purchase agreement (SPA) to divest 100% of the shares in Galoc Production Company WLL (GPC), the holder of Otto’s 33% interest in … Read More

Oil & Gas UK statement on Scottish Referendum result

In light of the ‘No’ vote in the Scottish Referendum, Oil & Gas UK looks forward to continuing working closely with both the UK and Scottish Governments towards the shared … Read More

Kenya could lose 7 oil blocks in Somalia dispute

As a maritime border dispute between the Somali government and Kenya heads to the international court of justice seven oil blocks currently held by Kenya are part of the determination … Read More

Resource estimates in ‪‎Kenya‬’s South Lokichar basin surpass 1 billion barrels of oil in new adjustment

Africa Oil Corp says that a new independent assessment of the Company’s Contingent Resources in the South Lokichar Basin located in Blocks 10BB and 13T in Kenya has been completed … Read More