Solo Oil raises £2 million through share placement to fund UK, Tanzania Investments

Solo Oil has raised £2,000,000 gross proceeds through the issue of 363,636,364 new ordinary shares funds of which will be deployed as working capital in the Company’s active investments in … Read More

4th Oil & Gas Africa – Int’l Trade Exhibition set for Nairobi in a fortnight

The 4th Oil & Gas Africa  Intenational Trade Exhibition that hopes to attract leading oil, gas and petroleum companies from around the world will be held 27th to 29th April 2015. … Read More

Shell set to make a major comeback in East Africa with acquisition of BG Group

The announced offer of  acquisition of the BG Group by Royal Dutch Shell in a deal expected to be in excess of $70 billion could several blocks offshore East Africa … Read More

Swala Energy announces progress in its planned farm in East African assets

Swala Energy Limited has announced that, following the completion on the 31st March 2015 of the strategic review process managed by FirstEnergy Capital LLP, the Company has received a number … Read More

Statoil makes eighth natural gas discovery in Block 2 offshore Tanzania

Statoil has announced that the Mdalasini-1 exploration well has resulted in a new natural gas discovery offshore Tanzania encountering an additional 1.0-1.8 trillion cubic feet (tcf*) of natural gas in … Read More

Atlas Development & Support Services Expands into North Africa

Kenyan headquartered  and listed African focussed support services and logistics company Atlas Development  has announce that it has been engaged to provide civil engineering supervisory, advanced life support, security and … Read More

One on One interview with Malcolm Steyn General Manager for Oil & Gas at Freight Forwarders Kenya Group

How has the logistics industry changed the discovery of oil in Kenya and Uganda as well as Natural Gas in Tanzania? The regional logistics landscape has undergone significant changes due … Read More