N e w s

Data on Tanzania’s crude oil, gas now available to public

 Tanzania has made available to the public data on crude oil and natural gas blocks with the aim of attracting more prospectors, investors and researchers.   The data, gathered from onshore and offshore blocks, can be obtained from the Tanzania Petroleum Development Corporation for a fee.   “The data belongs to Tanzania and will be made available for viewing by appointment through TPDC’s managing director James.... Read more »

Posted on : Tuesday , 20th September 2016

East Africa: Uganda Oil Pipeline Opportunities to Be Unveiled

 The Uganda-Tanzania crude oil pipeline business opportunities are going to be unveiled to private sector in special workshop next Tuesday.   The workshop, organised by Tanzania Private Sector Foundation and Petro Fiorentini, expects to unveil opportunities available before, during and after pipeline construction. The organisers also expect to express the role of value chain and local content to the country's business.... Read more »

Posted on : Tuesday , 20th September 2016

Africa: Shell Readies to Drill Off Tanzania in Q4

 Dar es Salaam — Oil major Shell is planning to start exploration drilling offshore Tanzania later this year, according to partner Ophir Energy.   The US$20 million drilling program, due to start in Q4, will comprise two wells on Blocks 1 and 4 and target >1 Tcf of gas, says Ophir. Shell became operator on the blocks after taking over BG Group earlier this year. The well on Block 1 will target Kitatange, with an estimated.... Read more »

Posted on : Saturday , 17th September 2016

Tanzania: Investors Invited to Mafia Gas Block

 Dodoma — The government said yesterday Mafia offshore oil and gas block is open for further exploration and development to any investor.   The 380km square area is now vacant after the expiry of the licences held by two long-operating investors British Petroleum (BP) and Maurel ET Prome.   According to information issued by Deputy Minister for Energy and Minerals Dr Medard Kalemani in the National Assembly here.... Read more »

Posted on : Friday , 16th September 2016

LNG Markets Conducive to “Gas to Power” in Africa

Fundamental changes in the international market for liquefied natural gas (LNG) over the past few years have for the first time made gas to power projects practical in those parts of Africa that do not have a domestic supply of natural gas or access to a natural gas pipeline grid to import natural gas from countries that do. These changes to the LNG market, when coupled with the development of floating LNG storage and regasification units.... Read more »

Posted on : Thursday , 15th September 2016

South Africa: Sasol's Cost-Containment Strategies Yield Results

 Sasol's [JSE:SOL] restructuring programme, implemented as far back as 2012, aimed to reduce cost sustainably and has helped make the group more efficient, according to chief financial officer Paul Victor.   He was speaking at an interview with Fin24 following the group's financial results announcement for the year ended June 30 2016 at its head office in Johannesburg. The group's financial results were impacted by the falling oil.... Read more »

Posted on : Wednesday , 14th September 2016

Murray & Roberts of South Africa Mulls U.S. Oil & Gas Deal

 Murray & Roberts Holdings Ltd., the South African engineering and construction-projects company in talks to sell its building and infrastructure units, said it’s evaluating a U.S. oil and gas acquisition and will probably seek a larger international deal in years to come. Murray & Roberts, which built landmarks such as Johannesburg’s Carlton Centre, Africa’s tallest building, is working to transform itself into.... Read more »

Posted on : Wednesday , 14th September 2016

GDC to provide drilling rig and team for oil exploration in Kenya

 Reported last week from Kenya, the country’s Geothermal Development Company (GDC) has entered into an agreement with National Oil Corporation of Kenya. Under the agreement, both companies agreed to jointly offer drilling services to speed up oil and gas exploration in Kenya.   According to GDC Managing Director Johnson Ole Nchoe, the partnership will see the two State agencies jointly undertake drilling activities basing on.... Read more »

Posted on : Tuesday , 13th September 2016

Tanzania: Dar and Kinshasa Begin Talks On Oil Pipeline Project

 The Democratic Republic of Congo has opened preliminary discussions with Tanzania over its crude oil prospects.   The talks are aimed at enabling Kinshasa to export its oil through the proposed pipeline system from Hoima in Uganda to the Tanga port in Tanzania.   The consultations began at the end of last month in Dar es Salaam between DRC's Ministry of Hydrocarbons and its Tanzanian counterpart, according to Oil of DRCongo,.... Read more »

Posted on : Monday , 12th September 2016

Oil & Gas: Kenya finalises agreement for development of crude oil pipeline

 Kenya has finalised an agreement with oil explorer Tullow Oil and its partners Africa Oil and A.P. Moller-Maersk for the development of a crude oil pipeline, as it bids to become an oil exporter, the president's office said. Tullow and Africa Oil first struck oil in the Lokichar Basin in the country's northwest in 2012. The recoverable reserves are an estimated 750 million barrels of crude.    The two firms were 50-50 partners.... Read more »

Posted on : Monday , 12th September 2016

East Africa nations race to become region’s first oil exporter

 Major oil discoveries in Uganda, Kenya, Tanzania and Mozambique have made East Africa a subject of intense interest among the global energy industry   The speed at which governments in East Africa are developing hydrocarbon reserves is a clear indication of their will to cement the region’s reputation as the new hotspot in hydrocarbon exploration and production. Just last week, Tanzanian President John Magufuli ordered that.... Read more »

Posted on : Thursday , 8th September 2016

Kenya Pipeline Company completes repairs on pipeline leak along Mombasa-Nairobi road

 Kenya Pipeline Company has completed repairs on the pipeline leak on the Mombasa-Nairobi line at kilometer 25 near Mazeras. A statement from the company said the leak occurred due to ageing of the line related to a corrosion defect. Kenya Pipeline has already commenced an environmental remediation exercise to conserve the immediate environment where the leakage took place. KPC also plans to conduct environmental audit and sampling in.... Read more »

Posted on : Thursday , 8th September 2016



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