Africa's Oil, Gas and Energy News.
[twitter-follow screen_name=’oilnewskenya’] The acquisition of 315km of conventional 2D onshore seismic data over the prospective areas of the Mnazi Bay Concession Tanzania is on program and is expected to be … Read More
[twitter-follow screen_name=’oilnewskenya’] Wentworth resources has reported a 45 day delay in its drilling operations on the Tembo-1 exploration well in the Rovuma Onshore Concession encountered start-up and equipment challenges. The … Read More
Tanzania has announced it will be forming a special unit that will look into the country’s revenue from natural gas as the country prepares to start production in the first … Read More
Ophir Energy says its completion of the divestment of a 20% interest in Blocks 1, 3 and 4, Tanzania to Pavilion Energy for S$1.25 billion (pre-tax) with a further US$38 … Read More
Extraction spending in sub-Saharan Africa is projected to increase at 8% annually over the next decade. The bulk of spending is likely to take place in South Africa and Tanzania – PwC
Seychelles has been accepted by the Extractive Industries Transparency Initiative (EITI) Board as a Candidate country to the EITI, the global transparency standard. Seychelles joins 45 other countries that have signed up to … Read More
Wentworth resources which has interest in the Mnazi Bay concession expects its first gas delivery in the first quarter of 2015 according to a presentation made in June to investors. … Read More
[twitter-follow screen_name=’oilnewskenya’] Afren plc has announced that its Board has temporarily suspended the CEO, Osman Shahenshah and the COO, Shahid Ullah over corruption allegations. Afren says that the two have … Read More
[twitter-follow screen_name=’oilnewskenya’] While Oil and Gas activity in West Africa is nothing new, it is the activity in East Africa which is creating a stir amongst exploration companies and of … Read More
[twitter-follow screen_name=’oilnewskenya’] Statoil’s net income for the second quarter has surged to $1.94 billion from the previous $692 million in the same period of 2013 with earnings per share up … Read More
