Shell, CNOOC Sign Global Strategic Alliance Agreement

Shell and China National Offshore Oil Corporation (CNOOC) have announced the signing of a Global Strategic Alliance Agreement that reconfirms both parties’ commitment to the existing strategic partnership in China … Read More

Ophir Energy Plc announces its preliminary Full Year Results for 2013

Full Year Results Highlights: •Announced the divestment of a 20% interest in Blocks 1, 3 and 4 Tanzania to Pavilion Energy for US$1.288 billion. This transaction is now unconditional with … Read More

East Africa next investment attraction exploration and production companies

[twitter-follow screen_name=’oilnewskenya’] 3 East African countries Kenya, Mozambique and Tanzania are set to be the next attraction for the exploration and production companies following recent mineral finds and infrastructure projects. … Read More