Solo Oil provides update on acquisition of interest in Tanzania
Solo Oil plc has announced that, further to the announcement of 14 October 2014, it has been advised by Aminex PLC that the conditions precedent which are remaining to close … Read More
Tag: Tanzania
Oil Potential in Tanzania’s Ruhuhu Block placed at 3.6 BOE
Australian explorer Jacka Resources has said a prospective resource assessment at the Ruhuhu Block has set the highest estimate at 3.6 billion barrels of oil in both convectional and unconventional … Read More
Kenya could beat Mozambique, Tanzania for Upstream Investment in East Africa – GlobalData Analyst
Kenya will need to focus on providing a competitive and stable fiscal environment if it is to fully exploit its offshore gas industry and attract investors ahead of Mozambique and … Read More
BG Group withdrawals from Tanzania’s Block 3
BG Group has announced that it has informed the Tanzanian government of its intended withdrawal from its 60% equity interest in Block 3 with the company already having written off … Read More
Swala Energy to raise $4.4M to fund activities in Kenya and Tanzania
Swala Energy Limited has announced a Share Purchase Plan to raise up to A$5.0 million (US $4.4 million) to fund additional near-term work on the Company’s Tanzanian and Kenyan licences, … Read More
PetroServices eyes expansion into the East African market
German oil field supplier and service provider PetroServices has said it is looking into opening an office in Kenya to tap into the expanding oil and gas sector. According to … Read More
Solo Oil acquires interest in Kiliwani North Gas Field, Tanzania
Solo Oil plc has announced that it has signed binding heads of agreement to acquire an initial 6.5% interest in the soon to be producing Kiliwani North Development License in … Read More
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 offshore Tanzania. The discovery of an additional 1.2 trillion cubic … Read More
3rd East Africa Oil & Gas Summit & Exhibition set to kick off in Nairobi next week
The 3rd East Africa Oil & Gas Summit & Exhibition to be held next week is set to welcome 3000 international delegates, exhibitors and trade visitors to Nairobi this October … Read More
Afren corruption investigation report expected in mid-October
Afren an independent oil & gas company listed on the Main Market of the London Stock Exchange, with a diversified portfolio of production, development and exploration assets in 10 African … Read More