East Africa
News
February 08, 2018
Mozambique’s council of ministers approved the development plan for Anadarko Petroleum Corp.’s liquefied natural-gas project in the north of the nation, an investment estimated at about $20 billion.
News
February 08, 2018
Kenya halved the amount of revenue it will distribute to local communities once commercial oil production starts, setting up a potential dispute with residents of its economically deprived northern Turkana region.
News
February 07, 2018
Africa Oil Corp. (AOC) is pleased to provide the following update on activities in the South Lokichar basin (Blocks 10BB and 13T in Kenya).
News
January 30, 2018
Ethiopia’s fast-growing economy has Asian investors lining up to build a new $4 billion oil refinery, even as a Blackstone Group LP-backed fuel pipeline project is shelved.
News
January 17, 2018
Sporadic attacks by gunmen in northern Mozambique will probably continue although they’re unlikely to hurt investment in the region’s sizable gas resources, Control Risks Ltd. said, after seven people were killed in raids in the past week.
News
January 11, 2018
Wentworth, the Oslo Stock Exchange and AIM-listed independent, East Africa-focused oil & gas company, is today providing an update to shareholders.
News
January 11, 2018
Wentworth, an East Africa-focused oil & gas company, has provided the following update to shareholders.
News
January 09, 2018
Anadarko Petroleum is in talks to sate China’s increasing appetite for liquefied natural gas from its planned development in Mozambique.
News
May 17, 2017
Africa Oil Corp. has announced that the Emekuya-1 well in Block 13T, Northern Kenya has encountered approximately 75 m of net oil pay in two zones.
News
March 22, 2017
Mozambique said Exxon Mobil Corp.’s acquisition of a 25% stake in an offshore gas block from Eni SpA will generate capital gains revenue of $350 million.
News
March 17, 2017
CNOOC Uganda Limited has notified Tullow that it has exercised its pre-emption rights under the joint operating agreements between Tullow, Total and CNOOC to acquire 50% of the interests being transferred to Total on the same terms and conditions that were agreed between Tullow and Total.
News
March 09, 2017
Exxon Mobil said it will buy a 25% stake in a project off Mozambique from Italy’s Eni SpA for about $2.8 billion as the U.S. oil giant expands in natural gas.
News
February 24, 2017
Soma Oil & Gas has announced the resignation of Hassan Khaire, executive director for Africa, so he can accept the honor of serving his country of origin, Somalia, as its Prime Minister.
News
February 21, 2017
Fugro has been awarded a contract by Shell/BG Kenya for the execution of a seabed survey to detect natural leakages of hydrocarbons. The seeps survey complements a seismic exploration program that was completed recently offshore Kenya.
News
January 17, 2017
Tullow Oil’s Erut-1 well in Block 13T, northern Kenya, has discovered a gross oil interval of 55 m with 25 m of net oil pay at a depth of 700 m.
News
January 09, 2017
Total and Tullow have entered into a package agreement under which Total will acquire an additional 21.57% interest from Tullow in the Uganda Lake Albert oil project. Following this transaction, Total will hold a 54.9% interest, strengthening its position in this competitive project and paving the way for a project sanction in the near future.
News
November 09, 2015
Maersk Oil has agreed to acquire half of Africa Oil Corp.’s shares in three onshore exploration licences in Kenya and a further two in Ethiopia.
News
November 04, 2015
Eni, together with Statoil, Sasol and ENH, has been awarded the exploration and development rights for Block A5-A, following the 5th Competitive Mozambique Bid Round.
News
October 30, 2015
Sasol has confirmed that two of its three applications in Mozambique's 5th Licensing Round were successful.
News
September 30, 2015
Ethiopia and Djibouti signed an agreement for a $1.55 billion fuel pipeline with developers Mining, Oil & Gas Services and Blackstone Group LP-backed Black Rhino Group.
News
September 23, 2015
Puntland, a semi-autonomous region of northeastern Somalia, will conduct a survey of its offshore region to search for oil as the country prepares a licensing round for exploration, the head of the Puntland Petroleum and Minerals Agency said.
