Oil opportunities in Africa
Oil opportunities in Africa By KPMG Africa Africa is presently enjoying an upward growth curve, and part of the reason for this is its large new oil discoveries. The oil industry is a … Read More
Oryx Petroleum not fruitful in Congo Brazzaville
The Jasper Explorer Drillship spudded the H-1 well targeting the Horse prospect (formerly Ma) in early September and reached a total depth of 5,522 metres in late November. The well … Read More
Duma merges with Hydrocarb Energy Corporation
Duma Energy Corp. has announced it has signed a Definitive Stock Exchange Agreement with Hydrocarb Corporation whereby 100% of all the outstanding stock of Hydrocarb will be acquired by Duma. Duma’s board … Read More
3rd Annual East Africa Oil & Gas Summit 2014 Set For Dar Es Salaam
Tanzania will In March 2014 host the East Africa Oil and Gas summit in Dar es Salaam that is meant to discuss the developments, challenges and opportunities of the oil … Read More
Statoil makes another high-impact natural gas discovery offshore Tanzania
Statoil and co-venturer ExxonMobil has today announced its fifth discovery in Block 2 offshore Tanzania. The discovery of an additional 2-3 trillion cubic feet (Tcf)* of natural gas in place … Read More
Bowleven’s oil exploration survey in Kenya’s Block 11B encouraging
Bowleven plc an independent exploration and development company with interest in Kenya and Cameroon has announced that it a survey carried over block 11B shows positive signs. A communication from … Read More
Bowleven gets Zambia exploration blocks
Following participation in the recent Zambian license round Bowleven has been notified by the Ministry of Mines, Energy and Water Development that bids for exploration blocks 25, 28 and 29 … Read More
Ophir contemplates $1.3bn Tanzania offshore blocks sale to Pavilion
Story by: The East African – Shareholders of oil and gas explorer Ophir Energy will in the next two weeks in London vote on whether the company should sell a … Read More
Placing Economic Value on Africa’s Natural Resources – UNEP
African Ministers and Experts Spotlight Efforts to Incorporate Natural Wealth Accounting in Development Planning. Wealth accounting and the valuation of ecosystem services are critical to Africa’s future growth, as the … Read More
Turkana elders want Kenyan government to subdivide oil land
Story by: Daily Nation – Clan leaders in Turkana want the government to subdivide land in an area where a British company is exploring for oil. The residents argue that … Read More