Africa's Oil, Gas and Energy News.
The Kenyan Government has granted Erin Energy approval to enter the First Additional Exploration Period (FAEP) on its onshore blocks, L1B and L16. This follows Erin Energy completion of the required … Read More
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
(Press Release) Amidst downfall in oil prices creating uncertainty on the future of Kenya industry growth, the report details key strategies of government, oil and gas companies and investors in … Read More
Zarara Oil and Gas plans to drill a well in Block L4 in 2016 after postponing its earlier planned date in 2015 according to a company representative who spoke to … Read More
Canadian exploration company Africa Oil says it incurred $146.2 million of intangible exploration expenditures in Kenya for the six months ended June 30, 2015 a drop from $169.5 million in … Read More
Erin Energy formerly CAMAC Energy has said it has met with the Kenyan government and submitted the required applications to enter the First Additional Exploration Period (FAEP) of both onshore blocks L1B … Read More
The governments of Kenya and Uganda have announced that they have agreed on the route to be taken by the crude oil pipeline that will transport oil from the Albertine … Read More
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
Kenya and Uganda could start producing oil three and a half years after project sanction expected by the end of 2016 according to the latest half year results by the … Read More
