Statoil announces successful test in Block 2 offshore Tanzania

Statoil and co-venturer ExxonMobil have announced the results from their first drill stem test in the Tanzania Block 2 offshore discoveries. The data acquired is important to reduce technical uncertainties in a possible future Tanzania … Read More

Oman Oil Company targets Tanzania as first oversees office

As part of its broad investment programme to increase presence in key growth markets, Oman Oil Company (OOC) has announced the opening of its first representative overseas office in Dar … Read More

Heritage relinquishes Northern block license in favour of the South in Tanzania

Heritage Oil has relinquished  its  Rukwa North license in Tanzania in favour of the neighbouring  Rukwa South licence which had showed better prospectivity after an analysis of the initial seismic data. … Read More

Civicon Kenya secures Tullow Oil contract for roads and airstrips in Turkana

[twitter-follow screen_name=’oilnewskenya’]Story by Kenya Broadcasting Corporation – Civicon Engineering Company (part of TransCentury group) has signed a two year deal with British Oil Company Tullow Oil mandated to explore oil … Read More

Where, or what, are the most exciting opportunities to be found today in Africa?

By Charles Gurdon, Managing Director, Menas Associates Africa currently, undoubtedly, provides the world’s most exciting oil sector investment opportunities but, to be more precise in terms of where and what … Read More

Placing Economic Value on Africa’s Natural Resources – UNEP

African Ministers and Experts Spotlight Efforts to Incorporate Natural Wealth Accounting in Development Planning. Wealth accounting and the valuation of ecosystem services are critical to Africa’s future growth, as the … Read More