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Uganda has Potential to Become Top 5 Oil Producer in SSA in the Next 5 Years – GlobalData

With the East African Oil Pipeline project recently getting the go-ahead, Uganda is set to produce its first oil as early as 2025 and production in the next five years … Read More

African Energy Developments Demand Sustained Investment with New Projects in Mozambique, Tanzania, Uganda & Senegal

In the past twelve months, the African energy sector has seen several encouraging developments – in the form of both Foreign Direct Investment (FDI) and strategic partnerships – that have … Read More

Uganda Lures DRC into the East Africa Crude Oil Project

The Uganda government is trying to interest the Democratic Republic of Congo to use the East Africa crude oil project (EACOP) to export its oil. Earlier this week Minister of Energy … Read More

Tullow Oil announces $900M farm down of Uganda assets to Total

A Sale and Purchase Agreement with an effective date of 1 January 2017 has been signed in which Tullow has agreed to transfer 21.57% of its 33.33% interests in Exploration Areas … Read More

Tullow Oil Agrees To Pay Uganda Government $108 million To End Tax Dispute

A tax row that has ensued between oil explorer Tullow Oil and the government of Uganda and the Uganda Revenue Authority in regards to two farm downs to China’s CNOOC … Read More

Tullow Oil, Africa Oil strike more oil in Kenya’s Blocks 10BB and 13T

The Ngamia field continued to register positive results with the Ngamia 7 appraisal well which was drilled to test the Ngamia oil field’s eastern flank encountering up to 130 metres … Read More

Fleurette estimates 3 billion barrels of oil in DRC’s Blocks I & II

Oil of DRCongo, a subsidiary of the Fleurette Group’s oil exploration has announced that an interpretation of the recently processed 3D seismic surveys acquired in 2013-14 over its prospects in … Read More

Tanzania: With Gas Already in Its Bag Tanzania’s Rift System Set to Become Next Oil Frontier

Original Story by Chaby Barasa for Tanzania daily News IF recent geological findings are anything to go by, the East African Rift System (EARS) is poised to become the next big … Read More

Tullow Oil to drill another 35 wells in 24 months in East Africa

[twitter-follow screen_name=’oilnewskenya’] Tullow Oil is set to drill 35 wells by Q3 2016 in East Africa according to the recent overview presentation earlier this month. This is even as the … Read More

Soco set to begin seismic testing in controversial Congo’s Virunga Park

Soco International will start seismic tests in the Democratic Republic of Congo’s Lake Edward amid widespread protests by environmentalists who are against exploration at the Virunga park home to the … Read More

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