The African institute for Energy governance (AFIEGO) called on Uganda presidential candidates to address themselves on anomalies surrounding the oil industry. The Organisation highlighted a number of issues including; ensuring that the Ministry of Energy and mineral development puts in place the local content policy as prescribed in the National Oil and Gas Policy (NOGP) 2008, Ensuring
Tullow announce Farm-down in Kenya, expects to make Final Investment Decision in Uganda in 2017
British-African Giant Tullow Oil Plc has expressed optimism about the status of its development projects in East Africa saying it’s nearing Final Investment Decision (FID) The revelations are contained in the Company’s November Trading update, which details the current project status and the business projection of the last quarter of the company’s Financial year. Tullow
Oil and gas Activity Glossary: Definition of Major Terms Used
2C: Best estimate 2D: Two dimensional 2P: Proven and probable ACQ: Annual Contract Quarterly Appraisal Well: Well drilled after the discovery of oil or gas to establish the limits of the reservoir, the productivity of wells in it and the properties of the oil or gas. See also development well Barrel: (bbl: barrel; mmbbls: million barrels) a unit
About Africa Institute for Energy Governance (Afiego)
Africa Institute for Energy Governance (AFIEGO) is a public policy research and advocacy NGO dedicated to influencing energy policies to benefit the poor and vulnerable. Based in Kampala- Uganda, the organization was born out of the need to contribute to efforts to turn Africa’s energy potential into reality; and to ensure that the common man
Nigeria Echos need to Renegotiate Commercial Oil contracts, says sector is no longer profitable
LAGOS The Nigerian National Petroleum Corporation (NNPC) said its latest move to re-negotiate Oil and Gas contracts is a part of a series of measures to save the nation from the devastating sharp fall of revenues from the oil Industry. In a presentation at the 33rd Annual International Conference and Exhibition organised by Nigerian Association of
‘Maersk’ and ‘Africa Oil’ agree to Co-Own Onshore exploration Licenses in Kenya and Ethiopia
Danish Oil giant Maersk Oil has entered a farm-out agreement with Canadian based Africa Oil Corporation to acquire 50 percent stake in three of the latter’s onshore exploration licences in Kenya and a further two in Ethiopia. The exploration areas in question cover the Turkana region of northern Kenya and southern Ethiopia. According to a statement
Shell has defied Orders to Clean Oil spills in Nigeria says Amnesty International
Oil giant Shell is “blatantly false” when it claims it is cleaning up spills that continue to destroy the livelihoods of hundreds of thousands of Nigerians, Amnesty International said. A new report quotes one contractor as saying his clean-up was “a cover-up” that involved simply turning over earth to let spilled oil dry for a few days, then
Giants Exxon Mobil, Eni and Sasol Emerge winners of Fifth Mozambique Oil Exploration Licencing Round
Oil giants Exxon Mobil, Eni and South Africa based Sasol emerged among the winners of the Mozambique’s lucrative exploration rights for fossil fuels off its Indian Ocean. Exxon Mobil dominated the bids by taking three blocks Out of the six The companies won the bids in Mozambique’s fifth oil and gas round issued by the
Tullow Oil delays Investment in Uganda Oil Field, says Pipeline Route Must be decided before
Reuters CAPETOWN Tullow Oil Plc plans to make a Final Investment Decision (FID) on a new oilfield project in Uganda in early 2017, later than planned, Chief Executive Aidan Heavey said. Tullow, according to the earlier plans resolved to make FID on its oilfield in Uganda by the end of 2016 following major oil discoveries in
‘Africa Oil Industry is Our Business Focus’, Oil Well Technology firm AGR assures delegates at Africa Oil Week Summit
Statement by AGR at the 22nd annual Africa Oil Week in Capetown South Africa… CAPETOWN We have managed over 500 well projects globally, over 40 of which have been in Africa. Last year, AGR’s Well Management team managed well planning, logistics support and operational execution on projects in Morocco, Tunisia and Benin. The continued transaction