Global Oil & Gas Industry Deals Total $28.01bn in Q2 2020 Fueled by Africa & Middle East

Total oil & gas industry deals for Q2 2020 worth $28.01bn were announced globally, according to GlobalData’s deals database. The value marked an increase of 106.2% over the previous quarter … Read More

Uganda’s second annual oil & gas convention set for next week

The second annual oil and gas convention organized by the Uganda Chamber of Mines and Petroleum (UCMP) is set to begin next week from April 27-28, 2016 at the Kampala … Read More

Oil sector to employ over 100,000 Ugandans in 3 years

About 100,000 jobs will be generated in the oil sector in Uganda in 3 years as the country evolves from exploration and appraisal to development and production. This is according … Read More

Soco set to begin seismic testing in controversial Congo’s Virunga Park

Soco International will start seismic tests in the Democratic Republic of Congo’s Lake Edward amid widespread protests by environmentalists who are against exploration at the Virunga park home to the … Read More

Swala Energy, Tullow Oil start 2D seismic in Kenya’s Lake Victoria region

[twitter-follow screen_name=’oilnewskenya’] Swala Energy Limited has announced the 2D seismic acquisition programme in Block 12B, Kenya has commenced and is designed to identify the main structural lineation in the basins … Read More

Uganda needs $8-12 billion for oil production – Tullow Oil

[twitter-follow screen_name=’oilnewskenya’] Uganda will require fiscal terms that offer the right incentives to invest capital and take up front risks if it is to realize the vast amounts of capital … Read More