Chariot Limited Acquires ENEO Water
Chariot Limited announces it has entered into a sales agreement for the acquisition of the business and assets of an independent water producer, ENEO Water PTE Limited, an African company … Read More
Tag: Djibouti
ETHIOPIA: POLY-GCL Kicked Out of Ogaden Basin
Chinese explorer POLY-GCL has had its operations licence in Ethiopia’s Ogaden basin canceled according to Ethiopia’s Minister of Mines and Petroleum, Takele Uma. This follows the company’s failure to meet … Read More
DJIBOUTI: KenGen Commences Multi-well Drilling Campaign
Kenya Electricity Generating Company (KenGen) PLC has commenced drilling of the first of three geothermal wells in Djibouti setting in motion a Ksh.0.7 billion contract signed in February this year. … Read More
Ethiopia KenGen Completes EEP’s Deepest Geothermal Well
Kenya Electricity Generating Company (KenGen) has announced the completion of a 3,000-meter geothermal well in Ethiopia, which exceeded the target of 2,750 meters. This is the second of eight wells … Read More
DJIBOUTI: KenGen Clinches Multi-well Geothermal drilling Programme Contract
Kenya Electricity Generating Company (KenGen) PLC has won yet another international contract to drill three geothermal wells in Djibouti. The company today signed a Ksh 709,822, 630 (USD 6,452,933) contract … Read More
East African Countries Submit 17 Expressions of Interest for the 6th GRMF Application Round
The AUC has acknowledged that on 29 July 2020 seventeen (17) Expressions of Interest (EoI) for the Geothermal Risk Mitigation Facility’s 6th Application Round were received on time and were accepted … Read More
Oyster Increases Size of Previously Announced Private Placement To $1.1 Million
Oyster Oil and Gas Ltd has announced that due to strong demand the Company has increased the size of its previously announced non-brokered private placement of units from aggregate gross … Read More
Oyster Oil and Gas Closes First Tranche of Financing for Djibouti, Madagascar Operations
Oyster Oil and Gas Ltd has announced that it has closed the first tranche of its previously announced non-brokered $850,000 on private placement financing. The Company currently expects to close … Read More
Transnet Pipelines Eyes East Africa projects
South Africa’s logistics giant Transnet through its pipeline division is now eyeing the East Africa market for expansion the first time the company has sought to invest outside the country … Read More
Oyster Oil and Gas Enters Phase III in Djibouti Exploration
Oyster Oil and Gas Ltd. has announced that effective 1st March 2017 it has received Government of Djibouti approval to commence exploration activities under Phase III of the Production Sharing … Read More