Kenya’s Block 10BB, 13T 3D seismic on course to be complete in Q4
The acquisition of a 550 square kilometer 3D seismic program in blocks 10BB and 13T is on course as scheduled to be complete in the fourth quarter of 2014 according … Read More
Ethiopia’s wells costs Africa Oil $30.8 million in losses
Africa Oil has announced it will be writing off $30.8 million previously capitalized in blocks 7 and 8 on expenditures in Ethiopia. According to the company the El Kuran-3 appraisal … Read More
Camac Energy eyeing the Nairobi Securities Exchange
US-based oil and gas exploration company Camac Energy has said it is eyeing to list in the Nairobi Securities Exchange which would make it the first oil explorer to be … Read More
President Kenyatta to visit Texas for energy related discussions
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
Fleurette estimates 3 billion barrels of oil in DRC’s Blocks I & II
Oil of DRCongo, a subsidiary of the Fleurette Group’s oil exploration has announced that an interpretation of the recently processed 3D seismic surveys acquired in 2013-14 over its prospects in … Read More
ERHC completes 2D seismic in Block 11A
ERHC Energy has announced the successful completion of a major 2D seismic acquisition program of Block 11A in the Republic of Kenya. The seismic data was acquired by BGP Kenya … Read More
Infrastructure spending to more than double to $9 trillion annually by 2025
Extraction spending in sub-Saharan Africa is projected to increase at 8% annually over the next decade. The bulk of spending is likely to take place in South Africa and Tanzania – PwC
Ethiopia’s Adigala Block 2D seismic 50 percent complete – Genel Energy
Genel Energy has announced that it is half way through a 2D seismic survey commenced in the second quarter of 2014 in the Ethiopia’s onshore Adigala block. According to the … Read More
Seychelles accepted as Extractive Industries Transparency Initiative Candidate
Seychelles has been accepted by the Extractive Industries Transparency Initiative (EITI) Board as a Candidate country to the EITI, the global transparency standard. Seychelles joins 45 other countries that have signed up to … Read More
Kenya’s sunbird-1 offshore well discovery misses commercial threshold
The sunbird-1 well in Kenya’s offshore block L10A that which showed oil and gas samples did not register enough reserves to constitute a commercial discovery according to PTTEP one of … Read More