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Swala Oil & Gas Terminates Further Investment in PAE PanAfrican Energy Corporation

Swala Oil & Gas (Tanzania) PLC has announced that, pursuant to the terms of its investment agreement with Orca Explorations Group in respect of PAE PanAfrican Energy Corporation (PAEM), the parties have agreed to terminate the Agreement

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Maurel et Prom to Carry Out Maintenance in Mnazi Bay to Accommodate Future Demand

Maurel et Prom has scheduled a slick line campaign towards the end of March 2019 which will include opening the…

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South Sudan’s Trinity Energy to Commence Refinery Construction in Q1 2019

Trinity Energy Ltd , a South Sudan homegrown Oil Marketing Company will in the first quarter of 2019 shall start…

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Outlook for Africa’s oil & gas industry improves – PwC report

The outlook for Africa’s oil & gas industry is positive amid difficult operating and economic headwinds. Tough economic and external…

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Bounty Oil & Gas ejected from Tanzania’s Kiliwani North Development License JV

The Kilimani North Development License (which contains the Kiliwani North field and Kiliwani South prospect)joint venture comprising of Ndovu resources,…

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Swala Lifts Force Majeure On Kilosa-Kilombero

Swala Oil & Gas (Tanzania) plc has lifted the Force Majeure over the Kilosa-Kilombero licence announced to the market on…

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Eskil Jersing Joins Wentworth Resources as CEO

Eskil Jersing has today joined Wentworth as Chief Executive Officer and is expected to be appointed to the Board with…

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Exxon Mobil Seeks to Exit Tanzania’s Offshore Block 2

U.S explorer and world’s largest public listed oil and gas company Exxon Mobil is reported to be ditching Tanzania for…

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Swala Announces Further Extension To The Second And Third Closing Dates Of The Orca Investment

Swala Oil & Gas (Tanzania) plc has announced that Orca Exploration Group Inc. (Orca) has agreed to an additional extension…

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Wellbore Workover Offers Best Chance For Improved Production at Kiliwani North-1

Kiliwani North operator Aminex has said a workover of the wellbore offers more immediate gains in terms of both production…