BG Group withdrawals from Tanzania’s Block 3
BG Group has announced that it has informed the Tanzanian government of its intended withdrawal from its 60% equity interest in Block 3 with the company already having written off … Read More
BG Group has announced that it has informed the Tanzanian government of its intended withdrawal from its 60% equity interest in Block 3 with the company already having written off … Read More
Australian explorer FAR Ltd has said that its expected farmout in Block L6 where the company has a 60% interest is unlikely to happen in 2014. In the latest report … Read More
BG Group has today announces the appointment of Helge Lund as Chief Executive and as an Executive Director with effect from 2 March 2015. Helge who is currently the Chief Executive … Read More
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
Australian explorer Pancontinental oil and gas has announced it is considering drilling a second well in the Kenyan block L10A where BG Group is the operator. The new well follows … Read More
Story by lexology.com How much gas? Vast amounts. Mozambique alone is estimated to have gas reserves of up to 150 trillion cubic feet (TCF) and Tanzania potentially as much as 50 … Read More
Australian explorer which has a 60 percent equity position and operates block L6 and a 30% equity position in the L9 block in Lamu may be looking into reducing their … Read More
Pancontinental Oil and Gas has announced that after lengthy analysis, it has been verified that the recently completed Sunbird-1 well off the southern Kenyan coast has intersected an oil column … Read More
Source: Reuters Smaller oil explorers willing to take financial and operational risks will lead the development of East Africa’s oil and gas industry as majors ditch riskier projects as margins … Read More
Ophir Energy plc has announced the successful results of the Taachui-1 & subsequent Taachui-1 ST1 well in Block 1, Tanzania which has resulted in a new gas discovery. The Taachui-1 … Read More