International Finance Corporation (IFC) is putting into action a six-year project to support small firms in Kenya win contracts in the oil, gas and other sectors.The funding for the project dubbed Kenya Local Economic Development Project (LED-Kenya) started in September last year but IFC made the announcement this month without indicating the amount it will spend in the initiative.According to IFC the project will run up to June 2023 with a.... Read more »

Posted on : Thursday , 2nd January 2020

Sinopec, the largest state-owned oil and Gas Company from china, has officially launched its lubricants in Kenya.It is the world's third-largest company, which is listed at the Hong Kong Stock Exchange and trades in Shanghai and New York Stock exchanges.Strategising on penetrating Kenya’s market the chemical producer brought key players during its official launch in November this yearSpeaking during the launch Radisson Blu Hotel in Nairobi,.... Read more »

Posted on : Thursday , 19th December 2019

According to Kenya Ports Authority after taking eleven months to work for Construction of the Sh39 billion new Kipevu Oil Terminal (KOT) is 40 % done.The project is being developed by China Communications Construction Company(CCCC), started on February 1, with a timeline of 30 months. It is expected to be ready by August 1, 2021.KPA is the contractor of the new terminal, which will see the current 50-year old Kipevu Oil Terminal moved to a new.... Read more »

Posted on : Thursday , 19th December 2019

Kenya has been presented with two designs for the Lokichar-Lamu crude oil pipeline (LLCOP) with a price fluctuation of $122.2 million.British firm Wood Group Plc has concluded with the front end engineering design (FEED) that shows Kenya can chose for a pipeline with onshore storage facilities that would cost $1.2 billion to construct or one with floating storage facilities at a cost of $1.1 billion.In both ways, the designs show construction of.... Read more »

Posted on : Thursday , 28th November 2019

NewAGE has invented 1.6 trillion cubic feet of natural gas in a locality called Elkuran, says the private weekly newspaper in Ethiopia, The Reporter. The company has made the discovery near the site where the Chinse Poly GCL has started test gas production a year ago. NewAge currently operate the Adigala and Ogaden blocks in Ethiopia.Guang Tutlam (MD), the State Minister of Ethiopia’s Ministry of Mines and Petroleum said “We are now working.... Read more »

Posted on : Thursday , 21st November 2019

Kenya has endorsed an agreement with oil multinationals that is expected to draw up to Ksh308.4 billion ($3 billion) financing for expansion of its Turkana petroleum deposits, potentially placing the country ahead of Uganda in the race to the market.   Kenyan petroleum ministries were in London to finalize an information memorandum that will be marketed to global financiers who are eager on putting money in the Turkana oil.... Read more »

Posted on : Wednesday , 16th October 2019

Hytera to showcase their Products at 05th Oil & Gas Event which will be held in Dar Es Salaam at the Diamond Jubilee Expo Center in East Africa. Hytera Communications Corporation Limited is a global privately-run company headquartered in Shenzhen China. Established in 1993, Hytera, a global leading PMR solution provider, is dedicated to providing customized and complete professional communications solutions to government and public.... Read more »

Posted on : Thursday , 10th October 2019

DISTRILAB will be exhibiting their diverse range of products at 05th Oil & Gas Event which will be held in Dar es Salaam at The Diamond Jubilee Expo Center in east Africa.   Distrilab LLP is a specialized manufacturer of high-quality laboratory furniture, the manufacture of which uses high-quality materials, characterized by high chemical and mechanical resistance.Their company’s experts will make furniture for your laboratory.... Read more »

Posted on : Thursday , 10th October 2019

PETROJET is spreading their roots in east Africa by participating at 05th Oil & Gas Event which will be held in Dar es Salaam at The Diamond Jubilee Expo Center in east Africa.    With over 44 years of experience (since 1975), a workforce more than 35000 employees, a modern fleet of construction equipment (over 9500 Unit) and state-of-the-art technology, PETROJET ranks among the biggest full-service construction groups in MEA.... Read more »

Posted on : Thursday , 10th October 2019

Across East Africa, Tanzania is strategically standing itself as the next Sub-Saharan powerhouse, with the potential to draw billions, revitalize its economy and aim to industrialize Tanzania. The third Tanzania Oil and Gas Congress, went a step further to explore acute aspects within the extractives industry, such as sectorial collaboration for prosperous oil and gas projects, updates on Tanzania's projects and global market overviews and.... Read more »

Posted on : Monday , 7th October 2019

Aminex and ARA Petroleum LLC (ARA) two upstream oil and Gas Company have experienced upward movements in Tanzania with the government actively resolving several pending issues with other operator’s in-country. Such effective steps taken are a great sign for Aminex’s Ruvuma project and provide confidence to the company and ARA who are now prepared to further advance certain predrilling operations for the Chikumbi-1 well. The.... Read more »

Posted on : Tuesday , 1st October 2019

As African economies are experiencing a transformative period, the energy sector holds huge potential to revitalise African economies and empower the growth and development.NJ Ayuk derives how energy holds on the African dream.  In a very straight forward approach, the executive chairman of the African Energy Chamber briefs on the fortunes and misfortunes in Africa’s petroleum industry and presents to us that Africa can learn from.... Read more »

Posted on : Monday , 23rd September 2019