Africa's Oil, Gas and Energy News.
The 2D seismic program covering approximately 1,000 line kilometers on Block 11A being undertaken by BGP Kenya limited on behalf of the CEPSA and ERHC partnership is nearing completion according … Read More
Africa focused oil and gas explorer Bowleven which operates in Kenya and Cameroon has announced it will be terminating the Strategic Alliance Agreement with Petrofac after the two companies reached a … Read More
Original story globalwitness.org On the third anniversary of its independence, South Sudan looks like it is sliding into a dangerous cycle of oil-backed debt. The new budget, announced last week, signaled … Read More
Jacka Resources has announced that it will be farming out its Ruhuhu block ahead of its planned seismic acquisition in the first half of 2015 according to the company’s latest … Read More
Africa Oil Corp. has announced that the Gardim-1 exploration well, drilled on the eastern flank of the Chew Bahir Basin in the South Omo licence, onshore Ethiopia, has reached a … Read More
Woodside advises that it has finalised an agreement to farm-in to the prospective basin of Lake Tanganyika in western Tanzania. Beach Energy has accepted Woodside’s offer to acquire a 70% … Read More
Original story by Reuters Two years ago Total’s chief Christophe de Margerie launched a “high risk, high reward” oil exploration strategy, betting he could hit a bonanza, even though his … Read More
Oil and gas operator Perenco has maintained that a partnership with the DRC government is essential to achieve set growth targets. Through its General Manager Reza Mered Perenco says that … Read More
Original Story by Chaby Barasa for Tanzania daily News IF recent geological findings are anything to go by, the East African Rift System (EARS) is poised to become the next big … Read More
Companies exploring for resources in many poor countries around the world can engage in corporate social responsibility that assist them in their activities whereas at the same time benefit the … Read More
