Tullow Oil to cut jobs as oil price slump continues
Tullow Oil has said it is planning to cut costs through a reduction of its workforce according to an unnamed source quoted by Reuters. In the article by Reuters the … Read More
Africa Oil & Gas Legal Summit 2015 set for South Africa in February
The Africa Oil & Gas Legal Summit 2015 along will be held in the last week of February in Johannesburg, South Africa in an inaugural event that will convene Energy … Read More
CAMAC Energy terminates contract for drillship Energy Searcher
CAMAC Energy has announced it has terminated its contract with Northern Offshore International Drilling Company Ltd. for the drillship Energy Searcher. CAMAC says it notified Northern on January 7, 2015 that … Read More
Worldwide Rig Count for December Dips Amid Oil Price Drop
Baker Hughes has in latest international rig count for December 2014 shown a decline to 1,313 from the 1,324 counted in November 2014, and down 22 from the 1,335 counted in December … Read More
Oil and Gas industry showing better appreciation for local content participation – SBC
A research by Schlumberger’s strategic management consulting arm Schlumberger Business Consulting (SBC) says there is a better appreciation by the oil and gas industry of the need for local content … Read More
Drilling of Badada-1 well in Kenya’s Block 2B begins
Block 2B operator Taipan Resources through its subsidiary Lion Petroleum has announced that the GW-190 rig has spudded Badada-1 well with the well planned to be drilled to a total … Read More
Mozambique could join Australia, Qatar in league of world’s largest Gas producers
Mozambique could become the third world’s largest Gas producer after Australia and Qatar should it secure the needed foreign investment in the range of $20Bn to $25Bn according to a … Read More
Swala Energy Completes 2014 Seismic Programme over Tanzania’s Kilombero Basin
Swala Energy Limited has announced that has successfully completed its 430km 2D seismic programme over the Kilombero Basin in central Tanzania. As the Company earlier announced in October 2014, initially … Read More
Inchcape Shipping Services expands Nairobi office as East Africa production nears
Global marine, cargo and supply chain solutions provider Inchcape Shipping Services (ISS) has announced another key hire to its African regional management team, as the company gears up for ambitious … Read More
What to look out for in Kenya’s oil and gas sector in January 2015
2015 continues to look promising for the oil and gas sector in Kenya with various planned projects expected to continue while new companies will begin work in the various acreages. … Read More