Aminex increases Tanzanian discovery estimates to 1.9Tcf

Aminex has announced that following the Company’s newly acquired seismic in Tanzania  shows larger resources estimates than earlier anticipated. The new interpretation by Aminex over the Ntorya discovery in the Ruvuma PSA shows that … Read More

Swala commences 2D seismic acquisition over Tanzania’s Moshi basin

[twitter-follow screen_name=’oilnewskenya’] Swala Energy Limited has announced the start of its 2014 2D seismic data acquisition programme over the Moshi Basin located within the Pangani exploration licence in northern Tanzania. … Read More

2D seismic on Tanzania’s Mnazi Bay Concession set to be complete in Q3

[twitter-follow screen_name=’oilnewskenya’] The acquisition of 315km of conventional 2D onshore seismic data over the prospective areas of the Mnazi Bay Concession Tanzania is on program and is expected to be … Read More

Start-up and Equipment challenges delay completion of Tembo-1 well in Mozambique

[twitter-follow screen_name=’oilnewskenya’] Wentworth resources has reported a 45 day delay in its drilling operations on the Tembo-1 exploration well in the Rovuma Onshore Concession encountered start-up and equipment challenges. The … Read More

Special Unit to monitor Tanzania’s natural gas revenues, sovereign wealth fund

Tanzania has announced it will be forming a special unit that will look into the country’s revenue from natural gas as the country prepares to start production in the first … Read More

Infrastructure spending to more than double to $9 trillion annually by 2025

Extraction spending in sub-Saharan Africa is projected to increase at 8% annually over the next decade. The bulk of spending is likely to take place in South Africa and Tanzania – PwC

Seychelles accepted as Extractive Industries Transparency Initiative Candidate

Seychelles has been accepted by the Extractive Industries Transparency Initiative (EITI) Board as a Candidate country to the EITI, the global transparency standard. Seychelles joins 45 other countries that have signed up to … Read More

Wentworth anticipates its first gas delivery from Tanzania to be in Q1 2015

Wentworth resources which has interest in the Mnazi Bay concession expects its first gas delivery in the first quarter of 2015 according to a presentation made in June to investors. … Read More

Afren suspends CEO, COO over corruption allegations

[twitter-follow screen_name=’oilnewskenya’] Afren plc has announced that its Board has temporarily suspended the CEO, Osman Shahenshah and the COO, Shahid Ullah over corruption allegations. Afren says that the two have … Read More