Talks between Afren and SEPLAT Petroleum Development Company fail

On 22 December 2014, Afren plc announced that it had received a highly preliminary approach from SEPLAT Petroleum Development Company plc (Seplat) regarding a possible combination with Afren. Seplat was … Read More

Export pipeline from Songo Songo processing plant to KN-1 gas well complete

Aminex plc the operator of the Kiliwani North gas field in Tanzania’s Kiliwani North Development Licence, has advised the partners that the newly constructed gas export pipeline from the Songo … Read More

Solo acquires Kiliwani North Development Licence in Tanzania

[twitter-follow screen_name=’oilnewskenya’] Solo has announced it has now signed the Asset Purchase Agreement with Aminex plc for the first 6.5% interest in the Kiliwani North Development Licence (KNDL) at a … Read More

Afren reviews its capital structure to solve liquidity and funding requirements

[twitter-follow screen_name=’oilnewskenya’] In light of the significant dislocation in the industry and related financing markets resulting from the rapid decline in oil prices Afren says its board has been reviewing … Read More

Swala Energy appoints financial advisor as it considers farm-down in East Africa

  Swala Energy has announced that it has appointed London based First Energy Capital LLP as financial adviser to the Company as it considers interest from a third party to … Read More

Security in Africa: Structural challenges are reaching crisis point

[twitter-follow screen_name=’oilnewskenya’] The latest report from Think Security assesses changes in Africa’s security situation between 2013 and 2014 in three main categories: (1) Challenges impacting the national chain of command, … Read More