Kenya could beat Mozambique, Tanzania for Upstream Investment in East Africa – GlobalData Analyst

Kenya will need to focus on providing a competitive and stable fiscal environment if it is to fully exploit its offshore gas industry and attract investors ahead of Mozambique and … Read More

Mozambique opens 15 new blocks in Fifth License Round

The Institute of National Petroleum (INP) on behalf of the Government of the Republic of Mozambique has opened the competitive bidding round to explore for hydrocarbons in the offshore Rovuma, … Read More

Solo Oil receives $5 million debt facility to fund Tanzanian projects

[twitter-follow screen_name=’oilnewskenya’] Solo Oil Plc has announced that it has drawn down the first US$1 million of a US$5 million 3-year debt facility secured today, and has closed a Placing … Read More

Aminex increases Tanzanian discovery estimates to 1.9Tcf

Aminex has announced that following the Company’s newly acquired seismic in Tanzania  shows larger resources estimates than earlier anticipated. The new interpretation by Aminex over the Ntorya discovery in the Ruvuma PSA shows that … Read More

Mozambique to legislate on liquefaction of natural gas

[twitter-follow screen_name=’oilnewskenya’] Mozambique is in the process of legislating on the liquefaction of natural gas from the rich Rovuma basin Macauhub.com reports. The legislation is expected to provide guidance on … Read More

Mozambique and Tanzania sign MoU to cooperate in hydrocarbon sector

The Tanzanian Petroleum Development Corporation (TPDC) and The Mozambique National Petroleum Institute (INP have signed a memorandum of understanding that will enable both eastern African countries partner in issues related … 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

Wentworth Resources commences drilling at Mozambique’s Tembo-1 well

[twitter-follow screen_name=’oilnewskenya’] Wentworth Resources has announced that drilling operations have commenced on the Tembo-1 well in the Rovuma Onshore Concession in northern Mozambique.  Wentworth has an 11.59 percent net interest in this … Read More

Rosneft and Mozambique’s ENH sign Memorandum of Understanding

Igor Sechin, President and Chairman of the Management Board, Rosneft, Nelson Ocuane, President, Empresa Nacional Hidrocarbonetos De Moçambique (Mozambique National Oil Company, ENH) and Paulino Gregório, Director, ENH signed a … Read More