Helium One Completes Airborne Gravity Gradiometry (AGG), magnetic survey over the Rukwa and Balangida licences

Helium One have now completed the acquisition of extensive airborne geophysical data with the preliminary grids expected to be received later in May 2017. In parallel with this and to … Read More

Aminex Reports Resource Estimate increase in Tanzania’s Ntorya Appraisal area

Aminex has reported a material increase in its estimate of gas initially in place (GIIP) in the Ntorya appraisal area, Tanzania a component of the Ruvuma PSA operated by Aminex … Read More

OGMA Exhibition & Conference to Highlight Growth Opportunities in East Africa

While opportunities are emerging in East Africa as a result of the region’s strong economic performance and billions of dollars in investment into its oil and gas, petrochemicals, and mining … Read More

$8B to be invested in Uganda in the next 3 years

Uganda expects up to $20 billion in investments as a result of the development phase in the oil and gas industry including $8 billion in the next three years as … Read More

Octant Energy to Raise $10 Million To Finance Kenya, Tanzania Blocks Acquisitions

Octant Energy has announced it has entered into a term sheet with Rosseau Asset Management to proceed with a financing of up to USD$10,000,000 through the issuance of secured convertible … Read More

TPDC, Dangote Group Sign Gas Sale Agreement

The Tanzania Petroleum Development Corporation (TPDC) under the Ministry of Energy and the Dangote Group has reached an agreement with the cement manufacturer on price of natural gas for use … Read More