TANZANIA: Increased Upstream Activity Expected Onshore in 2023

Tanzania is expected to see increased upstream activity in 2023 in all aspects including seismic, exploration drilling, development and production buoyed by improved oil prices and goodwill from the country’s … Read More

ZIMBABWE: Invictus Signs Petroleum Exploration Development & Production Agreement

Following approval from His Excellency President E.D. Mnangagwa, the PEPDA between Invictus’s 80% owned subsidiary, Geo Associates and the Republic of Zimbabwe has been executed. The agreement was signed on … Read More

The Petroleum Authority Of Uganda Appoints New Directors

The Petroleum Authority of Uganda (PAU) has appointed Directors to support the implementation of its mandate of monitoring and regulating the exploration, development and production of petroleum together with the … Read More

East African Oil & Gas Market 2015-2025 – Report

Report focuses on Upstream Exploration & Development and Midstream Infrastructure Capex in Tanzania, Mozambique, Kenya, Uganda, with Special Focus on Rapidly Emerging Countries Ethiopia, South Sudan & Somalia Visiongain’s comprehensive … Read More

Africa Oil Has Spent Kshs.2.25 Billion in Exploration, Development Expenses in Kenya in 2016

The Company incurred (Kshs2.25 billion) $22.5 million  of intangible exploration expenditures in Kenya for the six months ended June 30, 2016 according to the latest half year results by the … Read More

Uganda Holds Bidder’s Conference After Successful First licensing Round

Uganda through the Ministry of Energy and Mineral Development on last week held the bidders conference for the ongoing licensing round to provide clarifications to the request for proposals documents, … Read More

Africa Oil gets $50 million financing to advance the appraisal and development in Kenya

Africa Oil Corp has announced that it has entered into an equity subscription agreement with International Finance Corporation, a member of the World Bank Group, to sell, on a non-brokered … Read More