Anadarko Reach Unitization Agreement With Eni in Mozambique, Sign MOU For Domestic Gas

Area 1 and Area 4 block operators Anadarko and Eni have announced that, following the signing of the Unitization and Unit Operating Agreement (UUOA) and in full agreement with all the … Read More

Orca Exploration Closes $60 million financing for Tanzania’s Songo Songo development from IFC

Orca Exploration has announced that it has entered into a loan agreement with International Finance Corporation (IFC), a member of the World Bank Group, for a US$60 million investment in … Read More

Call for Comments on Draft Uganda Standards for Oil and Gas Upstream Equipment and Materials

Uganda National Bureau of Standards (UNBS) in collaboration with the Ministry of Energy and Mineral Development (MEMO), through the Technical Committee (UNBS/ TC 16/ SC2) is developing Standards for the … Read More

Orca Exploration Receives $60 million financing for the Songo Songo development programme

Orca Exploration has announced that it is proceeding with the first phase of the Songo Songo development programme following World Bank board approval of the International Finance Corporation financing. Through … Read More

Tanzania’s Increases Recoverable Natural Gas Resources To 55Tcf

Tanzania has increased its estimated recoverable gas resources to 55.08 trillion cubic feet from the 53.2tcf estimate in October according to the country’s energy and minerals minister George Simbachawene. The … Read More

Sub-Sahara Africa’s growth to slow amid oil and other commodities price drop – World Bank

Sub-Saharan Africa’s growth will slow in 2015 to 4.0 percent from 4.5 percent in 2014, according to World Bank projections released today. This downturn largely reflects the fall in the … Read More

Mtwara to Dar Es Salaam Gas Pipeline Project update

[twitter-follow screen_name=’oilnewskenya’] Source: Tanzania Petroleum Development Corporation a) Completion and the commissioning of treatment plants natural gas – February 2015; b) Construction of Valve Stations 16 required for the entire pipeline … Read More

Mozambique could join Australia, Qatar in league of world’s largest Gas producers

Mozambique could become the third world’s largest Gas producer after Australia and Qatar should it secure the needed foreign investment in the range of $20Bn to $25Bn according to a … Read More