Africa's Oil, Gas and Energy News.
[twitter-follow screen_name=’oilnewskenya’] ION Geophysical has announced that it has signed the first of a kind offshore multi-client 2D seismic survey agreement with the Puntland Petroleum and Minerals Agency. According to … Read More
Source: Energy Regulatory Commission HIGHLIGHTS Average landing cost of imported Super Petrol decreased by 17.34 from $841.22 (Nov 2014) to $695.38 per ton in December 2014 Average landing cost of … Read More
Gains from low oil prices can be substantial for developing-country importers if supported by stronger global growth, says a World Bank Group analysis of the oil price decline, contained in … Read More
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
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 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
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
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
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 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
