Africa's Oil, Gas and Energy News.
[twitter-follow screen_name=’oilnewskenya’] Statoil has confirmed the appointment of Eldar Sætre as new CEO after four months as acting as president and CEO. Sætre who has 35 years’ experience from Statoil … Read More
[twitter-follow screen_name=’oilnewskenya’] Solo has announced it has now signed the Asset Purchase Agreement with Aminex plc for the first 6.5% interest in the Kiliwani North Development Licence (KNDL) at a … Read More
[twitter-follow screen_name=’oilnewskenya’] Afren plc has provided an update regarding the review of its capital structure, liquidity and funding requirements as announced on 27th January as the business seeks to address … Read More
[twitter-follow screen_name=’oilnewskenya’] Leading contractor and provider of integrated offshore solutions to the oil and gas industry Ezra Holdings has announced that the Group’s Subsea Services division, EMAS AMC, has secured … Read More
[twitter-follow screen_name=’oilnewskenya’] Block L6 operator Australian explorer Far Ltd has said it does not expect a farmout deal on the northern extent of the block until late in 2015. In … Read More
[twitter-follow screen_name=’oilnewskenya’] BG Group has signed a global alliance with KBR that will enhance the company’s capacity to deliver commercially attractive oil and gas projects around the world. The single-partner … Read More
[twitter-follow screen_name=’oilnewskenya’] Tax experts Deloitte East Africa have expressed fear that the unclear tax policy position on farm down transactions may be a draw back with the potential to derail … Read More
[twitter-follow screen_name=’oilnewskenya’] World’s leading manufacturer of construction and mining equipment Caterpillar has said it expects a tough 2015 as a result of the modest improvement anticipated globally as well as … Read More
[twitter-follow screen_name=’oilnewskenya’] Revenue from the extractive sector in Mozambique hit almost $400 million in 2012 thanks to the introduction of capital gains tax in the country according to a new … Read More
[twitter-follow screen_name=’oilnewskenya’] In light of the significant dislocation in the industry and related financing markets resulting from the rapid decline in oil prices Afren says its board has been reviewing … Read More
