President Yoweri Museveni of Uganda is scheduled to visit Tanzania this weekend for an oil and gas conference and bilateral discussions with Tanzanian counterpart Samia Suluhu Hassan.According to aides, President Museveni will deliver a keynote speech at a private-sector-organized conference on the 1,445-kilometer East African Crude Oil Pipeline (EACOP) project's potential.President Museveni's deputy press secretary, Farouk Kirunda, said that.... Read more »

Posted on : Thursday , 9th December 2021

Kenya will quadruple its capacity to handle transit petroleum products to Uganda, Rwanda, and Burundi when the new Kipevu Oil Terminal in Mombasa is completed in January 2022, up from 35,000 tonnes now.The new terminal, which cost $385 million, can handle up to four vessels at once, whereas the old terminal could only handle one.The port is projected to lower the cost of petroleum products by lowering demurrage, or the extra time required to.... Read more »

Posted on : Wednesday , 8th December 2021

Tanzania, Shell, and Equinor have began discussions on a major host government agreement (HGA) for a $30 billion liquefied natural gas project.Hundreds of billions of barrels of oil will be transported from Uganda to Tanzania's Tanga port.Under the late President John Magufuli's government, the Tanzania LNG project floundered.Since becoming president, Samia Hassan has made it clear that she wants to accelerate the transition to first gas as.... Read more »

Posted on : Thursday , 11th November 2021

Kenya wants to remove or convert heavy fuel oil-fired power facilities to liquefied natural gas by 2030 as part of its transition to a climate-friendly electricity infrastructure.According to Isaac Kiva, renewable energy secretary at the Energy Ministry, the state-owned Kenya Electricity Generating Co., or KenGen, is conducting a feasibility assessment on reconfiguring the thermal power facilities that now account for roughly 7% of the system.... Read more »

Posted on : Wednesday , 10th November 2021

For the past two decades, Africa has been seen as the new frontier of oil and gas exploration, with many of the world's largest oil and gas firms vying to buy properties in an as-yet untapped store of natural resources critical to our way of life.While the East African powerhouse of Kenya, Uganda, Rwanda, Burundi and Tanzania have since seen massive development in their oil and gas infrastructure, Ghana has emerged as an alternative destination.... Read more »

Posted on : Friday , 22nd October 2021

Tullow Oil returned with a first-half profit and a development plan for its Kenya operation on Wednesday, pushing shares in the Africa-focused company up as much as 9%.Tullow and its joint venture partners have finished the redesign of the Kenya development project, according to the business, which also stated that the project's total gross capex is estimated to be around $3.4 billion, which is higher than the prior estimate.The company which.... Read more »

Posted on : Friday , 22nd October 2021

Africa Oil and its JV partners (Tullow Oil and Total Energies) have completed the redesign of Project Oil Kenya over the last year to guarantee that it is technically, financially, and environmentally sound. With a projected gross oil recovery of 585 million barrels of oil ("MMbbl") during the life of the field1, a higher oil production plateau of 120,000 barrels per day is now planned. This resource position has been audited by external.... Read more »

Posted on : Thursday , 16th September 2021

The eyes of international oil and gas investors are becoming increasingly fixed on Africa as an area of development, and on the East Africa region in particular – with good reason.“It’s no secret that the East African oil and gas sector has recently benefited from substantial FDI,” says Paul Sinclair, Vice President of Energy at Africa Oil Week (AOW). “These regional investments have reignited global appetite for East Africa, and.... Read more »

Posted on : Monday , 6th September 2021

More relevant courses have been added to the Dar es Salaam Maritime Institute (DMI) with the goal of nurturing oil and gas experts to take advantage of the country's significant gas finds in the country's southern areas.This was said by DMI tutorial assistant Captain Haruna Ally, according to the Daily News. The idea, according to Ally, is to train local specialists to extract gas rather than relying on foreign oil and gas experts.Furthermore,.... Read more »

Posted on : Thursday , 19th August 2021

Kenya's energy sector is expected to undergo huge changes following the opening of the country's second Luban Workshop at Taita-Taveta University, which will concentrate in petroleum and petrochemical engineering.This new venture is part of a long-term cooperative goal to establish a technical workforce to help the country better utilise the Blue Economy's potential.Ambassador Simon Nabukwesi, Principal Secretary for University Education and.... Read more »

Posted on : Tuesday , 17th August 2021

Kenya and Tanzania, after years of tense relations, have inked a multibillion-dollar gas pipeline agreement.Tanzanian President Samia Suluhu visited Kenya for the first time to sign the agreement, at the invitation of Kenyan counterpart Uhuru Kenyatta. “We are friends in East Africa. Kenya leads in investments in my country Tanzania, and has invested in 513 projects worth $1.7 billion, providing employment to 51,000 Tanzanians,” Suluhu.... Read more »

Posted on : Thursday , 15th July 2021

ARA Petroleum Tanzania Limited (APT), which has assumed operatorship of the Ruvuma PSA, has finalised the farm-out deal with Aminex.Aminex is carried for its portion of associated field development expenditures up to US$35 million, equating to a gross development expenditure of US$140 million, under the farm-out agreement.The joint venture partners believe that obtaining a high-resolution 3D seismic survey is critical to the creation of the.... Read more »

Posted on : Thursday , 15th July 2021