Export pipeline from Songo Songo processing plant to KN-1 gas well complete

Aminex plc the operator of the Kiliwani North gas field in Tanzania’s Kiliwani North Development Licence, has advised the partners that the newly constructed gas export pipeline from the Songo … Read More

Solo acquires Kiliwani North Development Licence in Tanzania

[twitter-follow screen_name=’oilnewskenya’] Solo has announced it has now signed the Asset Purchase Agreement with Aminex plc for the first 6.5% interest in the Kiliwani North Development Licence (KNDL) at a … Read More

Afren reviews its capital structure to solve liquidity and funding requirements

[twitter-follow screen_name=’oilnewskenya’] In light of the significant dislocation in the industry and related financing markets resulting from the rapid decline in oil prices Afren says its board has been reviewing … Read More

Swala Energy appoints financial advisor as it considers farm-down in East Africa

  Swala Energy has announced that it has appointed London based First Energy Capital LLP as financial adviser to the Company as it considers interest from a third party to … Read More

Security in Africa: Structural challenges are reaching crisis point

[twitter-follow screen_name=’oilnewskenya’] The latest report from Think Security assesses changes in Africa’s security situation between 2013 and 2014 in three main categories: (1) Challenges impacting the national chain of command, … Read More

ION Geophysical to acquire 2D seismic in offshore Puntland

[twitter-follow screen_name=’oilnewskenya’] ION Geophysical has announced that it has signed the first of a kind offshore multi-client 2D seismic survey  agreement with the Puntland Petroleum and Minerals Agency. According to … Read More

Mozambique could join Australia, Qatar in league of world’s largest Gas producers

Mozambique could become the third world’s largest Gas producer after Australia and Qatar should it secure the needed foreign investment in the range of $20Bn to $25Bn according to a … Read More