Exclusive: Mtwara to Dar Es Salaam Gas Pipeline Project update

Exclusive: Mtwara to Dar Es Salaam Gas Pipeline Project update

The construction of the Mtwara to Dar Es Salaam Gas Pipeline Project is almost complete with 504 km welded pipes of 505 km complete with 499 km trenched at Dar es Salaam Mkuranga, Lindi and Mtwara sections leaving less than 7 km to be done. This is according to the Project Status Report for Major … Continue reading

FAR raises $46.7 million to fund exploration ventures in Africa and Australia

FAR raises $46.7 million to fund exploration ventures in Africa and Australia

FAR Ltd has completed a placement to institutional and sophisticated investors to raise $46.7 million before expenses by issuing 424,961,685 shares. The capital raising follows the significant oil discovery in FAN-1, offshore Senegal with its partners Cairn Energy plc, ConocoPhillips and Petrosen. The semi-submersible drilling unit “Cajun Express” used to drill the FAN-1 well has … Continue reading

Swala Energy to raise $4.4M to fund activities in Kenya and Tanzania

Swala Energy to raise $4.4M to fund activities in Kenya and Tanzania

Swala Energy Limited has announced a Share Purchase Plan to raise up to A$5.0 million (US $4.4 million) to fund additional near-term work on the Company’s Tanzanian and Kenyan licences, as well as for business development and general administrative purposes. The c(SPP) is to be offered to all eligible shareholders who can subscribing for up … Continue reading

WHL Energy says initial data from Junon 3D seismic data encouraging

WHL Energy says initial data from Junon 3D seismic data encouraging

Australian explorer WHL Energy has announced it received the initial ‘fast-track’ data volume from the Junon 3D seismic survey acquired offshore the Seychelles by the Ophir Energy/WHL Energy JV in July 2014. WHL says this post- stack migration volume is an intermediate product in the Pre-Stack Time Migration (PreSTM) processing of the 1,528 km2 Junon 3D seismic survey. An initial … Continue reading

PetroServices eyes expansion into the East African market

PetroServices eyes expansion into the East African market

German oil field supplier and service provider PetroServices has said it is looking into opening an office in Kenya to tap into the expanding oil and gas sector. According to Business Development General Director at PetroServices Dr. Hesham Khalid the expansion to either Kenya or Tanzania will occur in the fourth quarter of 2014 once … Continue reading

Early log interpretation indicates oil in Lidongo X Marine 101 well offshore Congo

Early log interpretation indicates oil in Lidongo X Marine 101 well offshore Congo

SOCO has announced that SOCO EPC, operator of the Marine XI Block offshore the Republic of Congo (Brazzaville), has completed drilling the exploration well Lidongo X Marine 101 well. According to SOCO the well encountered oil in a clastics sequence in the Djeno sand formation with drilling shows and early log interpretation indicating approximately a … Continue reading