Tullow Oil announces $900M farm down of Uganda assets to Total

A Sale and Purchase Agreement with an effective date of 1 January 2017 has been signed in which Tullow has agreed to transfer 21.57% of its 33.33% interests in Exploration Areas … Read More

Russian consortium now wants Uganda’s refinery project downsized

Weeks after pulling out as the preffered lead bidder for the 60,000 barrel refinery to be located in Hoima Uganda the Russian consortium RT Global resources is now demanding that … Read More

SBC presents proposal for new airport near Uganda Oilfields

SBC – a joint venture between UK company Colas and local company SBI Uganda – has formally presented its proposal for the Kabaale International Airport project to the Ministry of … Read More

East Africa’s Largest Solar Plant Starts Operations

Made up of 32,680 photovoltaic panels, the new 10 megawatt facility is the country’s first grid-connected solar plant and will generate clean, low-carbon, sustainable electricity to 40,000 homes, schools and … Read More

East African Oil & Gas Market 2015-2025 – Report

Report focuses on Upstream Exploration & Development and Midstream Infrastructure Capex in Tanzania, Mozambique, Kenya, Uganda, with Special Focus on Rapidly Emerging Countries Ethiopia, South Sudan & Somalia Visiongain’s comprehensive … Read More

UK pledges $30 million to support growth and development of East Africa’s oil and gas sector

British High Commissioner, Nic Hailey has said the UK will have commit $30m towards the development of local content, technical advice towards developing legislation and regulation, research, and engagement with … Read More

Tullow Oil needs to unlock value in Kenya with a farm-out – broker

Source: ProactiveInvestors Tullow’s partner banked nearly half a billion from a farm-out earlier this year, and Numis says a similar deal could help Tullow fix its balance sheet. Tullow Oil … Read More

Skills Audit for Northern Corridor Integration Projects Ongoing

A consortium of universities drawn from the Northern Corridor States of Eastern Africa in September were awarded a consultancy to conduct a skills audit for the Northern Corridor Integration Projects … Read More