CARIS Appoints Unique Group as Distributor for Kenya and Nigeria

Integrated subsea and offshore solution providers, Unique Group has been selected by Teledyne CARIS™ as a distributor for its hydrographic charting software solutions in Nigeria and Kenya. As part of … Read More

Equatorial Guinea Presents Offer to Join OPEC in 2017

Gabriel Mbaga Obiang, Minister of Mines and Hydrocarbons, travelled to Vienna on January 20 to meet with OPEC officials and present the Government of Equatorial Guinea’s offer to become the … Read More

Scatec Solar, Norfund sign Power Purchase Agreement for Mozambique’s first large scale Solar Plant

Scatec Solar  and Norfund  have signed the Power Purchase Agreement securing  the sale of solar power over a 25 year period to the state owned utility Electricidade de Mozambique (EDM). … Read More

Slow market impacts refining capacity expansion with reduction of 3 million barrels per day by 2020, says GlobalData

Global crude distillation unit (CDU) capacity will grow by 16.7% by 2020 based on planned and announced refineries, according to research and consulting firm GlobalData. Current capacity is 98.9 million … Read More

AECOM appoints Boni Chileshe as MD for East Africa

Fully integrated professional and technical services firm AECOM has appointed Boni Chileshe as Managing Director for East Africa. Chileshe has over 30 years’ experience within engineering and global professional services. … Read More

Opportune Time for Africa Oil & Gas Industry to consider Change: PwC Oil & Gas Review

The decline in the global oil price has led to a reduced level of activity across the African continent and had an impact on countries that traditionally depend on oil … Read More

World Bank Raises 2016 Oil Price Forecast

The World Bank is raising its 2016 forecast for crude oil prices to $43 per barrel from $41 per barrel due to supply outages and robust demand in the second … Read More

Uganda invites Five Bidders to negotiate PSA’s in first competitive licensing round

The Ministry of Energy and Mineral Development has announced it has completed evaluation of bids for the first competitive licensing round and invited the successful companies to negotiate Production Sharing … Read More

John Hofmeister to take over as Chairman of Erin Energy

Erin Energy Corporation has appointed  former President at Shell Oil Company John Hofmeister as Chairman of the Board of Erin Energy Corporation. The appointment will be effective the day immediately following … Read More