Posted in Top News

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…

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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…

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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…

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Africa Oilfield Logistics Ltd to dual list in the Nairobi Securities Exchange

African focussed support services and logistics company Africa Oilfield Logistics Ltd has announced its intention to dual list on the…

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3rd East Africa Oil & Gas Summit & Exhibition set to kick off in Nairobi next week

The 3rd East Africa Oil & Gas Summit & Exhibition to be held next week is set to welcome 3000…

Posted in Elsewhere in Africa Top News

Spectrum, OMNIS sign new seismic brokerage agreement in Madagascar

Spectrum and OMNIS in Madagascar have signed an agreement where Spectrum assumes exclusive brokerage rights to the majority of the…

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Greatwall Drilling Company to drill the Badada Prospect in Kenya Block-2B

Taipan Resources Inc. the operator in block 2B has announced the signing of a Letter of Intent with the Greatwall…

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Tower Resources more hopeful of oil find rather than gas in Kenya’s Block 2B

Tower Resources is more hopeful of an oil find unlike a gas find in Kenya;s block 2B Badada-1 well exploration…

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Afren corruption investigation report expected in mid-October

Afren an independent oil & gas company listed on the Main Market of the London Stock Exchange, with a diversified…

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FAR Ltd announces trading halt ahead of major announcement

The securities of FAR Limited will be placed in Trading Halt Session State from the commencement of trading starting today…