Significant onshore oil discoveries in Uganda and Kenya together with the huge offshore gas discoveries in Tanzania and Mozambique has made the region a world energy center of attraction Industrial experts said. The organizer of East Africa Oil and Gas Summit, Global Events and Partners (GEP) said “the speed at which regional governments are developing
Heritage Oil Ltd Says will Start Drilling in Tanzania’s Lake Rukwa Basin by End of 2017
Heritage Oil Limited through its Tanzanian Subsidiary Heritage Rukwa is set to start drilling its first experimental oil well in Tanzania’s Rukwa Rift Basin by the end of next year The citizen newspaper reported. The move comes after successful completion of exploration in the area according to the company Managing Director Jim Baban. Baban said
French Experts Meet, Advise Tanzania Officials on Tax Models for Uganda Oil Pipeline Project
A Paris based team of oil experts arrived in Tanzania last week to discuss proposed new developments on Uganda-Tanzania oil Pipeline project. According to state owned Daily News, the team which departed from the country met with Tanzania’s officials to deliberate on the tax modalities and benefits for the hosting country in the pipeline deal.
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Nigeria: Militia group Says has Halted attacks On Oil Facilities to give way for peace Talks
A Nigerian militant group, which has claimed responsibility for a series of attacks on oil and gas facilities in the southern Niger Delta energy hub in the last few months, said on Monday that it had halted hostilities. The statement by the Niger Delta Avengers comes just over a week after the militant group said
Uganda Issues Oil Production Licences to Tullow and Total
Uganda Ministry of Energy and Mineral Development issued eight oil production licences to lead oil industry players Tullow and Total, ending years of deadlock. The two now join their Chinese partner China National Offshore Oil Company (CNOOC) which received its production licence in September 2013. The Licences are for Exploration Area 1 (EA1) and Exploration
Tullow Oil Confirms Will Start Commercial Production In Kenya in June 2017
A statement from Kenya Presidency says Tullow Oil has confirmed will start commercial Oil production in June 2017 following President Uhuru Kenyatta’s directive to expedite exportation of Kenya’s first commercially viable oil. While briefing President Kenyatta at State House, Nairobi Tullow Oil Chief Operating Officer, Paul McDade, said his company has made good progress and
Tanzania President Magufuli Asks Energy Minister to Speed up Construction of Liquefied Natural Gas Plant
Reports emerging from Tanzania, Uganda’s lead regional partner in the oil and gas sector indicate President John Magufuli has directed the Ministry of Energy and Minerals to fast-track the construction of a Liquefied Natural Gas (LNG) facility. The plant estimated at $30 billion is proposed to be erected in Lindi Region in the southernmost coastal town of
Sudan and South Sudan Agree to extend existing Oil export Partnership
Sudan and South Sudan agreed Tuesday to extend an oil deal between the two countries, officials said, but they failed to settle the exact terms. When they split in 2011 after decades of war, the two nations agreed that the South would pay a fixed fee for the use of export pipelines and facilities located