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

Rosneft, ExxonMobil File Joint Bid for Mozambique 5th License Round

Rosneft and ExxonMobil Exploration and Production Mozambique Offshore Limited filed joint bids to participate in the fifth license round organized by the Republic of Mozambique Institute of National Petroleum (Instituto … Read More

Seychelles Junon 3D PreSDM Processing now Complete

Seychelles Junon Pre-Stack Depth Migration (PreSDM) processing has now been completed and the final volume of data delivered to joint venture partner WHL Energy in mid-May 2015 according to the quarterly … Read More

New petroleum producers survey policy options in wake of oil price slump

Countries seeking to develop newly-discovered petroleum resources are facing a fall in global oil prices, with competition from the ‘shale gas revolution’ in the United States, as well as renewable energy … Read More

Opportunities in East Africa as region enters Production Development Phase

Four East Africa countries among them Mozambique, Tanzania, Uganda and Kenya are headed to the development phase as they draw closer to exploit their oil and natural gas reserves providing … Read More

The Africa Energy Forum set for Dubai in just two weeks

The Africa Energy Forum is set to come up in Dubai in just two weeks’ time attracting some 456 unique companies have registered from 63 countries worldwide. The delegates spanning … Read More

Drilling ongoing at MB-4 Development Well in Mnazi Bay Block Tanzania

Wentworth Resources has reported that the MB-4 development well that spud in March is ongoing with drilling operations expected to be completed in June or in 90 days as announced … Read More

Mozambique LNG to boost Real GDP by 800% in 20 years – Standard Bank

Mozambique liquefied natural gas, (LNG) stands to transform the country and entrench it as a leading player in the global LNG industry.  Developing these reserves and scaling up the currently … Read More