Kenya halts oil exploration in Eni’s offshore blocks

Kenya has said it has suspended oil exploration in the disputed part of the Indian Ocean, where Italian giant Eni has been searching for hydrocarbons, that saw it face off … Read More

Edgo Opens Services Center, to open office in Mozambique

Edgo has announced that it has further bolstered its presence in sub-Saharan Africa with the expansion of the Group’s operations into Mozambique. Edgo Services Center targets over 75 trillion cubic … Read More

Majority of Petroleum Rights Holding Companies in Kenya Incorporated in Tax Havens

A report by Oxfam dubbed The Use of Tax Havens in the Ownership of Kenyan Petroleum Rights shows that all but five companies that hold petroleum exploration rights have at … Read More

Minimal Funding For Anadarko’s Mozambique LNG project in 2016

Mozambique offshore Area 1 operator Anadarko has said it will allocate just minimal expenditure even as it works towards a final investment decision for its LNG project in 2016 despite … Read More

Eni to Construct Floating LNG Facility in Mozambique As Coral Discovery Development Is Approved

Following the approval of the Plan of Development for the Coral discovery, in Area 4 offshore Mozambique by the Government of Mozambique’s Council of Ministers Eni says it envisages the … Read More

Rhino Resources Acquires two offshore blocks in East Africa

Rhino Resources has announced it has expanded its African footprint with the recent acquisition of two offshore blocks in East Africa in the Comoros territorial waters. The two offshore blocks … Read More

Anadarko Reach Unitization Agreement With Eni in Mozambique, Sign MOU For Domestic Gas

Area 1 and Area 4 block operators Anadarko and Eni have announced that, following the signing of the Unitization and Unit Operating Agreement (UUOA) and in full agreement with all the … Read More

Eni, Statoil land Angoche area A5-A block license offshore Mozambique

Eni, Statoil together with partners have announced they have been awarded the A5-A block offshore Mozambique in the fifth competitive bidding round one of three blocks that had remained unlicensed … Read More

ExxonMobil, Rosneft big winners in Mozambique Fifth Licensing Round

N-Exploration (100% Rosneft subsidiary) and ExxonMobil Exploration and Production Mozambique Offshore have been awarded 3 blocks in the fifth licence round organized by the Republic of Mozambique Institute of National Petroleum (Instituto Nacional de Petróleo). This … Read More

CEOs of World’s largest Oil and gas companies jointly declare action on climate change

The chief executive officers of 10 of the world’s largest oil and gas companies – which together provide almost a fifth of all oil and gas production and supply nearly … Read More