Africa's Oil, Gas and Energy News.
Madagascar Oil has announced it has determined that the Block 3104 Tsimiroro discovery is a ‘Commercial Discovery’, under the terms of the Production Sharing Contract between OMNIS and Madagascar Oil S.A. (‘PSC’). Declaration of … Read More
Power management company Eaton has said there is a opportunity for companies offering electrical solutions for oil and gas to make over $4 billion in the next decade from the … Read More
Anadarko Petroleum has reported a net loss of $2.669 billion largely driven by a contingent loss of $4 billion from the Tronox Adversary proceeding agreement. The sale of a portion … Read More
Oyster oil and gas will begin drilling in Djibouti and Madagascar in 2015 the first wells by the company since its formation in 2010. The company that has four … Read More
[twitter-follow screen_name=’oilnewskenya’] By Reuters Russian oil producer Rosneft may expand in the African countries of Angola and Mozambique, where its boss Igor Sechin served as a Soviet translator in the … Read More
[twitter-follow screen_name=’oilnewskenya’] A professor at the Aquino de Braganca Centre for Social Studies in Maputo Joao Paulo Coelho has warned Somali pirates could be a cause for maritime security off … Read More
Story by Moneycontrol.com ONGC Videsh Ltd plans to raise USD 500-700 million loan by pledging future crude oil production from its overseas assets, to fund the acquisition of a Mozambique … Read More
The President of the Republic of Mozambique, Armando Guebuza, and Eni’s CEO, Paolo Scaroni, yesterday met in Bruxelles for an update on Eni’s activities and projects in the country During … Read More
Story by Chimpreports As Uganda counts months to the projected first oil year, one of the oil companies, Total Uganda, has forewarned of a possible work force crisis, especially in … Read More
[twitter-follow screen_name=’oilnewskenya’] Reuters Anadarko Petroleum has sold two-thirds of the capacity of its planned Mozambique liquefied natural gas (LNG) project to Asian customers and hopes to have the rest sold soon, … Read More
