N e w s

East Africa: Tanzania-Uganda Pipeline Work Starts

Dar es Salaam — The work towards the construction of a crude oil pipeline between Uganda and Tanzania is officially on, with project the developers inviting reputable contractors to undertake a social and resettlement plan.   To be known as East African Crude Oil Pipeline, the project - which will transport Ugandan crude to Tanga Port in Tanzania - will be built jointly by a French oil giant Total SA, the UK-based Tullow Oil and and.... Read more »

Posted on : Friday , 2nd December 2016

Tanzania, Zambia to Negotiate Joint Oil & Gas Pipeline

Tanzania and Zambia are to negotiate a new deal for transport of refined oil and natural gas. The talks will centre around either modernising the existing 1,710km Tazama pipeline, which transports crude oil from the Dar es Salaam port to Zambia, or building a parallel pipeline for gas.   Tanzania’s Minister for Foreign Affairs, East African Regional and International Co-operation Augustine Mahiga said the project will be at the top.... Read more »

Posted on : Tuesday , 29th November 2016

Tanzania: Shell to Invest U.S.$80 Million with Partners for Gas Drilling

Royal Dutch Shell and its partners -- Pavilion Energy and Ophir Energy -- have announced commencement of gas drilling off the coast of Tanzania in a $80 million investment project.   The drilling will cover two wells in Block 1 and 4, located in the offshore Mafia deep basin and with each depths of up to 2,800 metres.   "In the current investment climate, there is a need to have strong project fundamentals, including.... Read more »

Posted on : Tuesday , 29th November 2016

India and Japan look to African oil and gas for energy security

 Dr Anil Bhandari, an independent consultant and former director of exploration for ONGC, said that India currently produces 2.3 per cent of the world's total energy but 17 per cent of its crude oil imports, essential for meeting energy security needs across multiple sectors, come from Africa. Additionally, Angola and Nigeria are leading exporters of gas to India. India is also investing in hydrocarbons projects elsewhere on the continent,.... Read more »

Posted on : Friday , 25th November 2016

Scottish oil groups ‘should tap Africa’s potential’

 Scottish oil companies that are struggling in the North Sea are being urged to look to Africa to secure their future.   The suggestion comes as the first Scotland Africa Oil & Gas Forum brings senior government officials from the continent to Aberdeen today. Komi Sélom Klassou, prime minister of Togo, is being joined by energy ministers from Senegal, Ivory Coast and Congo (Brazzaville). Paul Wheelhouse, Scotland’s.... Read more »

Posted on : Thursday , 24th November 2016

AFRICA - THE NEXT GROWTH MARKET

 Africa is currently home to five of the fastest growing economies in the world. According to a global study, the continent's economy is forecast to grow to $2.6 trillion in 2020 from $1.6 trillion in 2008, fuelled by booms in mining, agriculture and development of ports, roads and other infrastructure. This rapid economic growth is what is creating substantial new business opportunities in the region. Over the past decade, Africa’s.... Read more »

Posted on : Thursday , 24th November 2016

Turkish Exporters Target Africa

 At a time when struggling Turkish exporters are looking for ways to diversify their target markets, Africa is poised to become the new frontier market for Turkish firms as they position themselves to become major stakeholders in the region’s rapidly growing industries. Africa has recorded an annual growth rate of 5 percent over the last decade and is expected to continue this trend in the coming years. Six out of ten fastest growing.... Read more »

Posted on : Wednesday , 23rd November 2016

UK supports growth and development of East African oil and gas sector

 LONDON, United Kingdom,  -Mareeg-The discovery of oil and gas can be a defining moment for nations. Managed well, it can have a transformative impact; boosting economies and fuelling inclusive growth across the board. But without the right systems in place, a sudden boom in the extractives sector can have debilitating effects – including distorting economies and fostering conflict and insecurity.   East Africa has now.... Read more »

Posted on : Wednesday , 23rd November 2016

Kenya pegs faster Vision 2030 gains on oil and gas finds

 NAIROBI: Kenya is betting on the recent oil discoveries to achieve its vision of becoming a middle-income economy ahead of the 2030 deadline. The Vision 2030 Delivery Secretariat expects the nascent industry to reach major milestones a few years after commercial production starts in 2020. Oil and gas were recently included in the list of key sectors that are expected to play a critical role in driving the economy to achieve the Vision.... Read more »

Posted on : Tuesday , 22nd November 2016

East Africa: Oil & Gas Industry Has Huge Potential, Well Placed to Help - UK Govt

“Over 50 years of experience in North Sea oil and gas has given the UK a global competence in all aspects of exploration and production. The oil and gas industry supports over 375,000 jobs in the UK. The top two UK firms listed by market capitalization are in the extractives industry … and there is a wealth of UK companies leading the way in designing, financing and implementing oil and gas construction projects across the.... Read more »

Posted on : Friday , 18th November 2016

SHELL, JV PARTNERS GEAR UP TO COMMENCE DRILLING PROGRAMME IN TANZANIA

Shell and its joint venture partners, Pavilion Energy and Ophir Energy have announced the start of its drilling programme covering two wells in Block 1 and 4, located in the Mafia Deep basin off Tanzania.   The rig supporting the programme – the Noble Globe Trotter 2 – is expected to commence operations towards the end of October 2016 and will be drilling in waters up to 2300 metres deep.   The joint venture partners.... Read more »

Posted on : Monday , 7th November 2016

Kenya in emergency road works for early oil exports

 The Government is moving to upgrade infrastructure as it readies to start moving crude oil from Turkana to Mombasa. Deputy President William Ruto yesterday commissioned the construction of roads between Lesseru in Eldoret and Amosing in Lokichar that will be used by trucks moving the crude oil from the oil fields of Turkana to Mombasa for export. The Kenya National Highways Authority (KeNHA) has awarded contracts to seven contractors,.... Read more »

Posted on : Thursday , 3rd November 2016



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