N e w s

Uganda, China Sign Deal to Boost Mining Sector

The Uganda Chamber of Minerals and Petroleum (UCMP) has signed a cooperation agreement with a Chinese province to help boost the budding mining sector. According to the UCMP vice chairman, Mr Richard Kaijuka, the chamber inked the deal with Shandong Provincial Bureau of Geology & Mineral Resources to invest in different areas of the mining sector in Uganda. He said as a result, a national central mineral laboratory will be built,.... Read more »

Posted on : Saturday , 26th September 2015

NATIONAL OIL CORPORATION CALLS FOR TENDERS FOR 3D SEISMIC OFFSHORE KENYA

The National Oil Corporation of Kenya has invited for Expressions of Interest (EOI) from eligible companies to acquire a multi-client 3D broadband seismic survey including processing over the shallow waters of the offshore Lamu basin , Kenya. According to NOC the multi-client surveys and studies are part of the preparation of an open licensing round tentatively scheduled for the year 2017 with a formal announcement on the date to be made by.... Read more »

Posted on : Friday , 25th September 2015

Tanzania: Zanzibar Free to Develop Its Oil, Gas Industry, Says Minister

The Minister for Natural Resources, Mr Ramadhan Abdalla Shaaban, has said that Zanzibar is free to develop its oil and gas industry after the Union Parliament endorsed 'Petroleum Act 2015' last year. "I am the Minister responsible for oil and gas. If one wants to get proper information then it's from me..." Mr Shaaban said in Pemba Island, while responding to claims that Zanzibar has no legal powers to utilise its natural resources,.... Read more »

Posted on : Thursday , 24th September 2015

Heston to set up in Tanzania

 Heston, a British oil services company is setting up shop in Tanzania and use the country as a hub to tap into the growing hydrocarbons sector in the Eastern African region.  writes JOSEPH BURITE Speaking to the East African Business Week at an oil and gas exhibition in Dar es Salaam recently. David Edwards, the regional operations manager for Middle East and Africa said the company will apply a model that helped it achieve.... Read more »

Posted on : Thursday , 24th September 2015

UNDERWRITING AFRICA LAUNCHES IN NAIROBI WITH PRODUCTS TARGETING UPSTREAM SECTOR

East Africa has its first boutique Insurance Intermediary Company set up to provide niche and specialist insurance solutions to oil and gas exploration firms and their contractors. Underwriting Africa whose headquarters are based in Nairobi has among its Reinsurance Partners Swiss Re with other brokerage partners in London and Paris. On the oil and gas front the company will fill a gap that has been void in the local space allowing the.... Read more »

Posted on : Thursday , 24th September 2015

Uganda: Oil Sector Wants 30,000 Workers

The Ministry of Education and Sports has disclosed that 30,000 workers are required for the construction of oil pipeline in the oil and gas sector. During a dialogue on how to provide the required human resource for oil and gas sector in Kampala last week, the Education ministry Permanent Secretary, Ms Rose Nassali Lukwago, said that institutions are required to provide more than 5,000 qualified personnel. “We want to ensure that.... Read more »

Posted on : Wednesday , 23rd September 2015

Kenya Confident Agreed East Africa Oil Export Pipeline Route Will Hold

Kenya is optimistic that a route agreed by Presidents Uhuru Kenyatta and his Ugandan counterpart Yoweri Museveni will carry the day despite opposition from holders of blocks in the Albertine basin. According to commissioner of petroleum at the Ministry of Energy Martin Heya Kenya is working on fulfilling various requirements such as guarantees to security, route optimization and financing  set by the Ugandan government so as to enable.... Read more »

Posted on : Tuesday , 22nd September 2015

Uganda Official says could pick Tanzania over Kenya for Oil Pipeline

Uganda’s government is still considering a pipeline through Tanzania to export oil if it proved cheaper than alternatives, an official said on Wednesday, even though the Ugandan president indicated last month that a route through Kenya had been picked. Ugandan President Yoweri Museveni and Kenya’s Uhuru Kenyatta made a joint call in August to implement a pipeline project via north Kenya “without further delay”, a.... Read more »

Posted on : Monday , 21st September 2015

U.S. ties approval of $472.8 mln Tanzania aid to graft fight

The United States told Tanzania on Friday it must do more to fight corruption if it wants to receive a $472.8 million financial aid package next year. Tanzania has made big discoveries of natural gas and hopes to start large-scale production within a decade, but investors in the east African nation of over 45 million people have long complained of graft. "Despite some efforts to address corruption, it remains a serious concern.... Read more »

Posted on : Monday , 21st September 2015

Chinese Company to invest in East Africa's Gas extraction

 A Chinese company engaged in natural oil gas exploration with a capital of five billion USD in Ethiopia is expected to produce 40 billion gallon gas after three years.   President Dr Mulatu Teshome held talks with Chinese Poly Technology Company Vice President Huang Geming at the National Palace yesterday.   President Mulatu said the relationship between Ethiopia and China would help attract more huge companies into.... Read more »

Posted on : Wednesday , 16th September 2015

Oil and gas brings socioeconomic progress for Tanzanian citizens.

 This month, President Jakaya Kikwete of Tanzania took a major step toward ensuring his country’s fiscal and economic stability by signing legislation that will help ensure revenue from Tanzania’s natural gas discoveries bring socioeconomic progress for Tanzanian citizens.   These recent gas discoveries have the potential to bring in as much as $1.4 billion per year to Tanzania — more than 10 per cent of current.... Read more »

Posted on : Tuesday , 15th September 2015

Kenya signs China nuclear power deal

 Kenya has signed a deal with China as part of the east African nation's plans to have a nuclear power station by 2025, the Kenya Nuclear Electricity Board (KNEB) said Thursday.   Kenya plans to set up its a first nuclear power plant with a capacity of 1000 MW by 2025, the board said, with ambitions to boost that to 4000 MW by 2033, and to make nuclear electricity "a key component of the country's energy".... Read more »

Posted on : Friday , 11th September 2015



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