Mozambique in $210 million gas pipeline expansion to increase capacity

ROMPCO the Republic of Mozambique Pipeline Investments Company has said  it will expand the capacity of the existing 865 km of gas pipeline from the Central Processing Facility (CPF) at … Read More

Fiscal revisions may unlock Sub-Sahara Africa’s 48 billion barrels of discovered oil

Wood Mackenzie asserts that the oil price crash has accelerated the need for fiscal adjustments, as Sub Sahara African governments prepare to weather significant reductions in vital tax revenue. With … Read More

Development Stage A Massive Logistics Exercise – Summaya Athmani

National Oil Corporation Managing Director Sumayya Athmani is asking local companies in the logistics field to prepare for the development stage so that they should not lose out from the … Read More

Underwriting Africa launches in Nairobi with products targeting upstream sector

East Africa has its first boutique Insurance Intermediary Company set up to provide niche and specialist insurance solutions to oil and gas exploration firms and their contractors. Underwriting Africa whose … Read More

Loss Making Atlas Development focuses more on Ethiopia and Tanzania as activity in Kenya reduces

Nairobi securities exchange listed company Atlas Development has said it is now eyeing the Ethiopian and Tanzanian markets as oil exploration in Kenya and the Turkana region witnesses a significant … Read More

African oil & gas organisations plan for an upturn in the oil price: PwC survey

Overall, activity in the oil & gas industry across the African continent has slowed in the wake of the declining oil price in late 2014. “While the oil price has … Read More

Preview into Uganda’s Oil and Gas Sector

Uganda’s oil and gas sector has since the discovery of oil in 2006 transitioned from the exploration and appraisal phase to the development phase as the country prepares for sustainable … Read More

AfDB provides US $62 million to support Technical and Vocational Education in Kenya

The Executive Board of Directors of the African Development Bank Group (AfDB) on Wednesday, July 1, 2015 approved a US $62-million loan to finance the second phase of Kenya’s Support … Read More

Atlas Development & Support Services anticipates H1 pre-tax losses of $2.5m

The Kenyan headquartered, African focused support services and logistics company Atlas Development has said the H1 pre-tax losses anticipated is $2.5m from an expected turnover of US$11.0m in its latest six … Read More