A new UK-based company, Delonex Energy Limited, two weeks ago acquired oil exploration blocks in the Ogaden basin, in eastern Ethiopia.   Delonex Energy is an oil and gas exploration company focused on sub-Saharan Africa. In a statement issued on August 25, Delenox Energy said that the Ethiopian Ministry of Mines had awarded it an exploration license in the Ogaden basin.   The license area covers blocks 18, 19, and 21,.... Read more »

Posted on : Monday , 15th September 2014

 Zambia and Saudi Arabia have agreed terms on a possible government-to-government deal that will enable the oil-rich Middle East country to supply the mineral-rich State with petroleum in bulk on a long-term basis. Mines, Energy and Water Development Minister Christopher Yaluma said in an interview that Saudi Arabia had agreed to supply Zambia with significant quantities of petroleum on a government-to-government contract to be signed.... Read more »

Posted on : Monday , 15th September 2014

 Kenya and Norway will sign an agreement on petroleum resources to help the east African country manage new oil discoveries, Norway’s new ambassador to Kenya was quoted as saying. “We are considering a long-term agreement with Kenya’s ministry of energy and petroleum on effective and socially responsible management of petroleum resources,” Victor Ronneberg said, according to a note issued by Kenya’s.... Read more »

Posted on : Monday , 15th September 2014

 Nigeria and seven other African oil producing countries could experience boom in the coming years, with Mozambique and Tanzania set to emerge as new frontiers, if they can attract enough investment, a report by PriceWaterhouseCoopers has stated. The report also stated that six of the top 10 global discoveries in 2013 were made in Africa, with more than 500 companies now exploring across to the continent. Large gas finds in Mozambique and.... Read more »

Posted on : Wednesday , 10th September 2014

 Orrick Rambaud Martel has advised Établissements Maurel & Prom, one of France’s largest oil companies, on the renewal of its seven exclusive exploitation and development licenses in Gabon covering 6,100 km and on the renegotiation of the related production sharing contract with the Government. The Gabonese State and Maurel & Prom S.A., the Gabonese subsidiary of the French oil & gas exploration company listed on.... Read more »

Posted on : Wednesday , 10th September 2014

 The Ghana National Gas Company (Ghana Gas) has expressed satisfaction with work on the Atuabo Gas Plant as a test run on the plant proved successful. A series of tests was carried out over the weekend on the 111-kilometre Onshore pipelines from Atuabo in the Ellembelle district to Aboadze in the Shama district. The test formed part of the process to check the integrity of the pipeline and to identify and correct potential leakages along.... Read more »

Posted on : Wednesday , 10th September 2014

JSE-listed gas and welding firm, African Oxygen (Afrox), on Thursday said it had signed a five-year R147 million ($13.7 million) contract with Exxaro FerroAlloys, a unit of the JSE-listed mining resources firm, Exxaro.   In terms of the deal, Afrox will supply nitrogen to Exxaro FerroAlloys’ factory in West Pretoria, South Africa. Afrox will also be injecting money in promoting its distribution pipeline to meet the demand from the.... Read more »

Posted on : Tuesday , 9th September 2014

 Aminex has announced that following the Company’s newly acquired seismic in Tanzania  shows larger resources estimates than earlier anticipated.   The new interpretation by Aminex over the Ntorya discovery in the Ruvuma PSA shows that Likonde and Ntorya are connected at the Cretaceous level and based on the recent 2014 seismic programme estimates of the resources have increased from 1.2 Tcf to 1.9 Tcf (Pmean.... Read more »

Posted on : Tuesday , 9th September 2014

 Norwegian oil and gas operator DNO has said it has been granted a two-year extension of the term of its production sharing agreement for Block SL18 in Somaliland.   DNO which has a 50 percent stake as operator in Block SL18 will now see the first exploration period will now end on 8 November 2017.   Already the partners of Block SL18 have completed field survey and environmental assessment studies and now says will initiate a.... Read more »

Posted on : Tuesday , 9th September 2014

 Sasol is seeking into expanding into more Eastern and Western African countries according to an interview with Reuters on Monday.   The South African company earlier in the year reported it was conducting a study to build a gas-to-liquid (GTL) plant in northern Mozambique with Italian oil and gas group as its first priority in Mozambique in an interview with the CEO David Constable.   Asked on which countries the company.... Read more »

Posted on : Tuesday , 9th September 2014

 The International Seabed Authority (ISA) has begun issuing exploration licences for mining the yet untouched floor of international waters raising concerns about potential environmental impacts.   The licenses, issued on 21 July, grant prospecting rights for underwater minerals to private and state-owned companies from Brazil, Cook Islands, Germany, India, Russia, Singapore and the United Kingdom.   ISA, the UN body.... Read more »

Posted on : Monday , 8th September 2014

 TransGlobe Energy has announced the discovery of a Lower Nukhul oil discovery at NWG 3, a gas/condensate test at North Dabaa 2, and has been awarded a new concession in Egypt’s Western DesertThe oilwell at Lower Nakhul was drilled to a total depth of 1,633 metres and encountered 12.8 metres of net oil pay in the prolific Lower Nukhul formation based on well logs and oil recovered on wireline samples. The Lower Nukhul sandstone.... Read more »

Posted on : Friday , 5th September 2014