Opinion: Kenya Somalia maritime border dispute could throw whole region into dispute

By Zakayo Mwangi A maritime border dispute case filed by Somalia before the International Court of Justice is likely to affect other countries in the region should the court rule … Read More

Jacka Resources initiates Tanzania’s Ruhuhu Block farm-out campaign

[twitter-follow screen_name=’oilnewskenya’] Jacka Resources has announced it has initiated a farm-out campaign after being approached by a number of parties interested in the license in its Ruhuhu Block. This continues … Read More

Solo Oil receives $5 million debt facility to fund Tanzanian projects

[twitter-follow screen_name=’oilnewskenya’] Solo Oil Plc has announced that it has drawn down the first US$1 million of a US$5 million 3-year debt facility secured today, and has closed a Placing … Read More

Otto Energy divests in its Galoc oilfield to focus more on East Africa exploration

Otto Energy Limited has executed a sale and purchase agreement (SPA) to divest 100% of the shares in Galoc Production Company WLL (GPC), the holder of Otto’s 33% interest in … Read More

Mnazi Bay licence partners sign GSA with Tanzania Petroleum Development Corporation

Maurel & Prom has said that, along with Mnazi Bay licence partners Wentworth and Tanzania Petroleum Development Corporation (TPDC), it has signed a gas sales and purchase agreement with TPDC for the … Read More

Aminex increases Tanzanian discovery estimates to 1.9Tcf

Aminex has announced that following the Company’s newly acquired seismic in Tanzania  shows larger resources estimates than earlier anticipated. The new interpretation by Aminex over the Ntorya discovery in the Ruvuma PSA shows that … Read More

Swala commences 2D seismic acquisition over Tanzania’s Moshi basin

[twitter-follow screen_name=’oilnewskenya’] Swala Energy Limited has announced the start of its 2014 2D seismic data acquisition programme over the Moshi Basin located within the Pangani exploration licence in northern Tanzania. … Read More