Tullow Oil announces $900M farm down of Uganda assets to Total

A Sale and Purchase Agreement with an effective date of 1 January 2017 has been signed in which Tullow has agreed to transfer 21.57% of its 33.33% interests in Exploration Areas … Read More

Tanzania’s Kito Prospect Drilling in Doubt as JV dispute rages

The drilling of the Kito prospect in the Kilosa-Kilombero license in Tanzania earlier set for Q3 2016 is in doubt going by the latest corporate presentation by JV partner Otto … Read More

Genel Energy Receives 2 year extension at the Odewayne Production Sharing Agreement

Sterling Energy has announced that the Government of the Republic of Somaliland has granted the operator Genel Energy  a further 2 year extension to the current period of the Odewayne … Read More

Otto Energy pushes to Remove Swala Energy as Operator in Tanzania’s Kilosa-Kilombero License

Otto Energy Ltd through its wholly-owned subsidiary, Otto Energy (Tanzania) Pty Ltd, has said  it wants current operator Pangani and Kilosa-Kilombero licenses relieved off its role after defaulting in various … Read More

Total Commences 2D Seismic Data Acquisition, Block III, Albertine Graben, DRC

Democratic Republic of Congo Block III operator Total E&P has announced he has commenced with the acquisition of a 2D seismic survey following the granting of a two-year extension to … Read More