N e w s

Boskalis wins Angola LNG dredging contract

 Royal Boskalis Westminster N.V. has announced that it been awarded three dredging-related contracts on the African subcontinent. The contracts have a combined value of approximately €75 million.   One of these contracts was awarded by Angola LNG Ltd. It covers dredging activities related to maintaining the access channel and turning basins of the Soyo LNG port. The project will be executed in joint venture and involves the.... Read more »

Posted on : Friday , 26th June 2015

Uganda Prime Minister ask investors for cooperation in development of Oil Sector

Uganda Prime Minister Dr. Ruhakana Rugunda asked investors and major stakeholders in the country’s Oil and gas sector to work together in order to expedite the development of the sector. The Premier made the remarks at the joint meeting of the Policy Coordination Committee and the Oil and gas Technical working group. The two Policy implementation Teams in Uganda’s Oil and gas sector were in a meeting to the review progress on the.... Read more »

Posted on : Friday , 26th June 2015

Northern Kenya areas chosen to host regional crude oil pipeline

 The regional crude oil pipeline from Kabaale, in western Uganda will pass through Kainuk and Lokichar in Turkana County, Isiolo and Garissa counties to Lamu port, the contractor picked to carry out the project feasibility study has told the Government.   Toyota Tusho’s proposal puts an end to debate on the 1,518km pipeline route within Kenya with oil companies being in favour of the ‘southern’ option that would.... Read more »

Posted on : Wednesday , 24th June 2015

Policy on LPG awaits Kenya Cabinet, Parliament approval

A draft policy document that aims to shift Kenyan household energy needs from unsustainable options like firewood and charcoal to cleaner modern forms like Liquified Petroleum Gas (LPG), is ready.   The policy also seeks to encourage private sector investment in additional capacity for handling and storage of LPG for an efficient and effective supply chain.   “As the final draft Policy awaits approval by both Cabinet and the.... Read more »

Posted on : Wednesday , 24th June 2015

WENTWORTH RESOURCES ESTIMATES $3.5M IN TANZANIA MONTHLY GAS SALES

 Wentworth Resources says it estimates that monthly gas sales in Tanzania into new government owned pipeline Q3 2015 could reach an estimated $3.5m monthly.   Initially Mnazi Bay will be the only supplier of gas in Tanzania into new pipeline from 5 wells which will be producing in the field by Q3 2015 at initial volumes of 80 mmscf/d escalating to 130mmscf/d in 2016   Wentworth adds that the substantial cash flow generation is.... Read more »

Posted on : Tuesday , 23rd June 2015

CHALLENGES KENYA MUST ADDRESS IN THE OIL AND GAS SECTOR

 Following the conclusion of the second local content convention speakers pointed out various gaps that must be addressed if the country is to benefit from the growth in the nascent oil and gas sector.   According to Capacity Development Consultant partner Gichira Kibira the biggest hurdle remains the lack of a legal framework that continues to bring uncertainty and keeping away potential investors. Among laws that are in the works.... Read more »

Posted on : Monday , 22nd June 2015

SOCO reviewing options for offshore Congo discovery

SOCO International is discussing commercialization options for its offshore Lidongo X Marine-101 exploration well with the Republic of Congo authorities. The government has asked for the results of the well to be presented as a production license application format. SOCO says preparations are under way and the company expects to issue formal submission by the end of 3Q 2015. Reprocessing of seismic reprocessing continues following ENI’s.... Read more »

Posted on : Saturday , 20th June 2015

Orca contracts shallow-water rig for Songo Songo offshore Tanzania

Orca has entered into a drilling contract with Paragon Offshore for the use of its M826 mobile drilling workover rig and associated services for the offshore phase of the Songo Songo gas field program. The rig can operate in the shallow water operating environment around Songo Songo Island, which Orca describes as “somewhat unique.”  However, the company still needs to obtain certain regulatory and contractual approvals related.... Read more »

Posted on : Saturday , 20th June 2015

MAUREL ET PROM REPORTS PROMISING RESULTS OF THE MB-4 DEVELOPMENT WELL IN TANZANIA

Manzi Bay operator Maurel et Prom has announced that the MB-4 development well, drilled 800 m from the MB-2 and MB-3 wells at the Mnazi Bay gas field, has crossed Miocene gas reservoirs with net pay of 24 metres (Upper Mnazi Bay) and 43 metres (Lower Mnazi Bay) respectively, both ranked among the best of the five wells drilled at this field so far.   According to Maurel et Prom pressure measurements have confirmed the lateral and the.... Read more »

Posted on : Saturday , 20th June 2015

New $57m KPC pipeline to ease fuel supply in western Kenya

 The construction of a new and broader pipeline in western Kenya costing $57 million raises hope for more reliable supply of fuel for domestic use and export.   China Petroleum Pipeline Bureau (CPPB), which won the contract, will build the 122 kilometres 10-inch pipeline from Sinendet to Kisumu parallel to the existing 6-inch facility to meet growing demand of refined fuel.   The Kisumu depot on Lake Victoria's shore has a.... Read more »

Posted on : Saturday , 20th June 2015

Kenya, Uganda may decide on oil pipeline route by mid-July

 Kenya and Uganda could decide by mid-July on the route for a crude pipeline linking their newly found oil fields to the Kenyan coast, a vital step for oil firms to make a final investment decision, a senior Kenyan ministry official said.   Two possible routes have been proposed, one running through north Kenya to the coast in the Lamu region and a second following the route of an existing products pipeline further south that would.... Read more »

Posted on : Friday , 19th June 2015

ORCA EXPLORATION RECEIVES $60 MILLION FINANCING FOR THE SONGO SONGO DEVELOPMENT PROGRAMME

 Orca Exploration has announced that it is proceeding with the first phase of the Songo Songo development programme following World Bank board approval of the International Finance Corporation financing.   Through its operating subsidiary, PanAfrican Energy Tanzania Limited the World Bank board approved an investment of $60 million by IFC currently contemplated as a subordinated, income participating loan with flexible repayment.... Read more »

Posted on : Tuesday , 16th June 2015



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