Posted in New Discoveries Top News

Statoil, Exxon Mobil discover an additional 1.2TCF in Giligiliani-1 well offshore Tanzania

Statoil and co-venturer Exxon Mobil have announced that the Giligiliani-1 exploration well has resulted in a new natural gas discovery…

Posted in Top News

Statoil seeks to be the most carbon-efficient oil and gas producer globally

Statoil CEO Helge Lund will today put forward the company’s climate commitments as he addresses the UN Secretary General’s Climate…

Posted in Top News

Tanzania’s Piri gas discovery cushions Statoil’s exploratory expenses

[twitter-follow screen_name=’oilnewskenya’] Statoil’s net income for the second quarter has surged to $1.94 billion from the previous $692 million in…

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Technip awarded renewal of subsea services framework agreement with Statoil, Exxon Mobil & Gassco

Technip was awarded a new framework agreement by Statoil, Exxon Mobil and Gassco for diving, subsea intervention and repair contingency…

Posted in Oil Politics Top News

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…

Posted in News by others

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…

Posted in New Discoveries Top News

Statoil, ExxonMobil makes another high-impact gas discovery offshore Tanzania

[twitter-follow screen_name=’oilnewskenya’] The discovery in the Piri prospect is Statoil and co-venturer ExxonMobil’s sixth discovery and the fifth high-impact discovery…

Posted in News by others

Smaller firms will lead East Africa’s oil and gas development

Source: Reuters Smaller oil explorers willing to take financial and operational risks will lead the development of East Africa’s oil…

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Statoil , ExxonMobil CNOOC fight for Tanzania’s Block 4/3A

[twitter-follow screen_name=’oilnewskenya’] China National Offshore Oil Corporation (CNOOC)  Statoil  and ExxonMobil will have to wait and see who gets the…

Posted in Top News

Apache, Midstates Petroleum join well data sharing consortium

[twitter-follow screen_name=’oilnewskenya’] Story Courtesy of Rushmore Reviews Apache Corp and Midstates Petroleum are the latest of a series of Operators…