East Africa LNG projects likely to face delays
LNG production in Tanzania and Mozambique along the East African coast is likely to face delays despite huge finds due to high cost of production, difficulty in access to financing … Read More
Why consumer lobby group COFEK wants Kenya pipeline tender award revoked
Days after Zakhem International construction limited won the tender award to construct the new Kenyan pipeline from the port city of Mombasa to Nairobi the Consumer Federation of Kenya has … Read More
Camac Energy to drill 3 wells in Kenya by 2017
Camac Energy has said it plans to drill two exploration wells in blocks L1B and L16 in the next two years as well as in Block L27 or L28 by … Read More
Swala Oil and Gas to raise Kshs.260 million in Tanzanian IPO
Swala Oil and Gas will starting today open its shares to the Tanzanian public selling 9.6 million shares at TZS 500 (approx. $0.31) a share as it seeks to get … Read More
Zakhem International wins Kenya’s oil pipeline tender
Lebanese company Zakhem International has been awarded the building of the oil pipeline from Nairobi and Mombasa after submitting a bid of KES43 billion against a tender of Kshs.53 billion … Read More
Somalia offshore 2D seismic complete
The Federal Government of the Republic of Somalia has announced that Soma Oil & Gas Exploration Limited has completed the offshore seismic acquisition programme across the Offshore Evaluation Area of … Read More
2D Seismic acquisition in Kenya’s Block 11B set for H2 2014
2D seismic acquisition for 500 kilometers in Block 11B is expected to start soon with the tendering process at an advanced stage according to a presentation made Bowleven CEO Kevin … Read More
Far to raise KES 700 million for offshore Kenya exploration
Australian explorer FAR Ltd has announced an equity raising placement which is expected to raise $8 million before expenses. The placement is being undertaken to fund further exploration in offshore … Read More
Kenya’s Block 12B Seismic due in Mid-June
Results on the 350km of 2D seismic acquisition carried out by BGP International on Block 12B located on the Nyanza Rift are expected in the coming days according to a … Read More
East Africa’s oil pipeline consultant bid to be advertised by July
The Kenya, Uganda, South Sudan oil pipeline consultancy bid advertisement is expected to be out in the next two to three weeks according to Kenya’s ministry of energy. The pipeline … Read More