Ophir Energy Plc announces its preliminary Full Year Results for 2013

Full Year Results Highlights: •Announced the divestment of a 20% interest in Blocks 1, 3 and 4 Tanzania to Pavilion Energy for US$1.288 billion. This transaction is now unconditional with … Read More

Statoil announces successful test in Block 2 offshore Tanzania

Statoil and co-venturer ExxonMobil have announced the results from their first drill stem test in the Tanzania Block 2 offshore discoveries. The data acquired is important to reduce technical uncertainties in a possible future Tanzania … Read More

East Africa next investment attraction exploration and production companies

[twitter-follow screen_name=’oilnewskenya’] 3 East African countries Kenya, Mozambique and Tanzania are set to be the next attraction for the exploration and production companies following recent mineral finds and infrastructure projects. … Read More

Tanzania LNG plant site may be announced next week -minister

[twitter-follow screen_name=’oilnewskenya’] Story by Reuters Oil and gas firms working on a project to build a liquefied natural gas (LNG) export plant in Tanzania have picked a location, and the government has … Read More

Focus on Liquified Natural Gas (LNG) in Southern and Eastern Africa – KPMG

[twitter-follow screen_name=’oilnewskenya’] LNG is a key component of the global energy supply mix and it is a core strategic focus area for global oil and gas companies. LNG is seen … Read More