Africa Oil Week 2018 highlights key challenges & opportunities facing the oil and gas sector in Africa

The first session on Economic Outlooks of the Africa Oil Week was opened with key speakers including Jens Frølich Holte, State Secretary, Ministry of Foreign Affairs – Norway; David Hicks, … Read More

Outlook for Africa’s oil & gas industry improves – PwC report

The outlook for Africa’s oil & gas industry is positive amid difficult operating and economic headwinds. Tough economic and external conditions have placed pressure on oil & gas companies to … Read More

Lundin Petroleum faces potential corporate fine & forfeiture of economic benefits in relation to past operations in Sudan

Lundin Petroleum has received notification from the Swedish Prosecution Authority on 1 November 2018 that the Company may be liable to a corporate fine and forfeiture of economic benefits in connection … Read More

Public Hearings for the ESIA Report for Uganda’s Proposed Tilenga Development Project

https://www.pau.go.ug/uploads/TILENGA_ESIA_VolumeI.pdf https://www.pau.go.ug/uploads/TILENGA_ESIA_VolumeII.pdf https://www.pau.go.ug/uploads/TILENGA_ESIA_VolumeIII.pdf https://www.pau.go.ug/uploads/TILENGA_ESIA_VolumeIV.pdf https://www.pau.go.ug/uploads/TILENGA_ESIA_VolumeV.pdf http://ug.total.com/sites/default/files/atoms/files/final_tilenga_project_rap1_report.pdf  

FAR Ltd Secures 24 month ESIA License Renewal For Kenya’s Block L6

Australian explorer FAR has reported that it has secured a 24-month renewal to the existing Environmental and Social Impact Assessment License in effect across the onshore areas of Block L-6 … Read More

Weatherford announces sale of laboratory services business

Weatherford International has signed a definitive agreement to sell its laboratory services business to a group led by CSL Capital Management for $205 million in cash. Under the agreement, Weatherford … Read More

Bounty Oil & Gas ejected from Tanzania’s Kiliwani North Development License JV

The Kilimani North Development License (which contains the Kiliwani North field and Kiliwani South prospect)joint venture comprising of Ndovu resources, RAK Gas and Solo Oil have taken over Bounty Oil … Read More