Security companies reap from LNG exploration in Tanzania

[twitter-follow screen_name=’oilnewskenya’] BG Group has contracted pan-African security provider Warrior Security Company to secure its sites in Tanzania, in a partnership that has seen the 3500-strong security company extend its … Read More

Horizons 2015: What to look for in the year ahead

[twitter-follow screen_name=’oilnewskenya’] Source: Wood Mackenzie Macroeconomics: Asia’s consumers are key “The rate at which China’s economy rebalances away from investment and towards consumption will determine long-term trends in energy demand,” Cynthia Lim, … Read More

ExxonMobil’s outlook for energy sees global demand fuelled by increase in consumption by developing nations

Significant growth in the global middle class, expansion of emerging economies and an additional 2 billion people in the world will contribute to a 35 percent increase in energy demand … Read More

Ophir Energy discovers 1.03TCF of gas in Tanzania’s Kamba and Fulusi prospects

Ophir Energy has  announced Kamba-1 well in Block 4 has resulted in gas discoveries of 1.03TCF in the Kamba and Fulusi prospects. The well was drilled by the Deepsea Metro … Read More

Tanzania Mzia well test supports potential hub development – BG Group

[twitter-follow screen_name=’oilnewskenya’] BG Group plc  has announced that results from a recently completed second drill-stem test (DST) on the Mzia discovery in Block 1, offshore southern Tanzania, provided further support … Read More

TPDC dismisses claims Tanzania will lose $1billion annually from gas sales

The Tanzania Petroleum development corporation (TPDC) has dismissed a leaked document that shows that the East African country will lose $1 billion annually under a production sharing agreement between TPDC, … Read More

LNG from East Africa – how the odds are stacked

Story by lexology.com How much gas? Vast amounts. Mozambique alone is estimated to have gas reserves of up to 150 trillion cubic feet  (TCF) and Tanzania potentially as much as 50 … Read More

Kenya power industry convenction set for September

[twitter-follow screen_name=’oilnewskenya’] “There are huge opportunities in power generation because of the demand in the region,” says Engineer Joseph Njoroge, Principal Secretary at Kenya’s Ministry of Energy & Petroleum. The … Read More