Swala Energy receives Funding from Hayaat International for exploration in East Africa

Swala Energy has received interim funding from Hayaat International Limited a cornerstone investor who holds an equity interest of 9.2% of the Company. The loan is to be made available … Read More

Swala Energy Completes farm-out of Tanzanian Licenses to Tata Petrodyne

Swala Energy Limited has announced that Swala Oil and Gas (Tanzania) Plc has reached agreement with Tata Petrodyne Limited a subsidiary of the multinational Tata Sons Limited, under which TPL … Read More

Swala Energy signals possible Farm-Out deal in East Africa in coming days

Australian company exploring the East African Rift System in Kenya, Tanzania and Zambia has said it is awaiting the receipt of signed farm-out documents having finalized the final steps in the … Read More

Australia supports VETA for Extractive Skills Development in Tanzania

Australia is supporting the Tanzanian Governments Vocational Education and Training Authority (VETA) in order to strengthen vocational training institutions and their capacity to deliver skilled, work-ready local graduates to meet … Read More

The Africa Energy Forum set for Dubai in just two weeks

The Africa Energy Forum is set to come up in Dubai in just two weeks’ time attracting some 456 unique companies have registered from 63 countries worldwide. The delegates spanning … Read More

Drilling ongoing at MB-4 Development Well in Mnazi Bay Block Tanzania

Wentworth Resources has reported that the MB-4 development well that spud in March is ongoing with drilling operations expected to be completed in June or in 90 days as announced … Read More

Aminex provides technical evaluation of Tanzania’s Kiliwani North Development License & Ruvuma PSA

Aminex has announced that Senergy, an independent oil and gas consultancy firm, has completed a technical evaluation on the resources of Kiliwani North Development Licence and Ruvuma PSA. Key Highlights Kiliwani North Development Licence (58.5% … Read More

Solo Oil raises £2 million through share placement to fund UK, Tanzania Investments

Solo Oil has raised £2,000,000 gross proceeds through the issue of 363,636,364 new ordinary shares funds of which will be deployed as working capital in the Company’s active investments in … Read More