N e w s

African oil imports sustained by China

Uncertainty over US waivers for investors of oil from Iran is commencing to grip the market again, under very different circumstances than when American sanctions were set to go into effect in 2018.   Before existing exemptions were granted, traders in Saudi Arabia were forecasting $100 oil, and Donald Trump was looking forward to a decrease in fuel rates ahead of US midterm elections. The waivers blindsided the market, which had assumed.... Read more »

Posted on : Tuesday , 26th March 2019

Tullow initiates a probe for Kenya Oil Investors

Tullow, a British oil exploration company has commenced an exploration in Kenya for small scaled crude petroleum exports. The first shipment is expected in the next three months.   Unnamed potential investors of the Turkana commodity has shown interest in the stocks.The initial market reactions have proven to be positive.   About 600 barrels are being transported per day by road to Mombasa, with volumes expected to increses to.... Read more »

Posted on : Monday , 25th March 2019

French oil firm Total along with Canadian Natural Resources Ltd announced discovery of a sizable amount of gas offshore South Africa

Gas discovery in the offshore Outeniqua Basin of South Africa has opened new hope of the consolidation of new mineral wealth in the country dependent on gold and diamond minerals. French major Total and its partners, Qatar Petroleum, Canadian Natural Resources, and Main Street, have declared discovery of a sizable amount of gas offshore South Africa. Total declared a significant gas condensate discovery on the Brulpadda prospects, located.... Read more »

Posted on : Thursday , 7th March 2019

Oman Oil Marketing Company to expand its operations in Saudi Arabia and Tanzania

In 2018, OOMCO came up with its first mega station in Dammam, Saudi Arabia. The 40,000 square meter facility includes cafes, rest areas and five-star automated car washes. Oman Oil Marketing Company (OOMCO) has declared a plan to extend its operations in Saudi Arabia and Tanzania. The company plans to have four fully operational service stations in Saudi Arabia this year, its second site in the kingdom is scheduled to open by April and two.... Read more »

Posted on : Monday , 18th February 2019

Irish oil & gas explorer Aminex to boost up its work in Tanzania

Irish oil & gas explorer Aminex has raised £1.85m (€2m) in share capital to boost up its work in Tanzania. The company provided 127,226,781 ordinary new shares at a placing price of Stg 1.45p per share. Funds raised by the group will be used to speed up development over its Kiliwani development in Tanzania, as it takes advantage of debilitated market conditions in the service industry there. The net proceeds of the.... Read more »

Posted on : Friday , 15th February 2019

Uganda-Tanzania to settle 'the joint pipeline project from Hoima to Tanga'

Uganda and Tanzania signed an agreement in May 2017 to together develop the $3.5 billion pipeline that has been represented as the longest electrically heated crude oil pipeline in the world. The National Project Co-ordinator for Tanzania from the Ministry of Energy, Salum Mnuna, hopes the five-day ministerial meeting — beginning on Jan 21 — can settle the way to operate, execute and supervise the project given the various laws.... Read more »

Posted on : Monday , 21st January 2019

Regular shipping line for the transport of goods between the port of Zarzis and the Italian port of Marina di Carrara

The new maritime link could be a continuation of the expertise of normal services between the Italian ports of dock di Carrara and Cagliari, on the one hand, and therefore the ports of Susah, Zarzis and Safaqis, that carry over two hundred thousand tonnes of products. A regular shipping line for the transport of products between the port of Zarzis and therefore the Italian port of dock di Carrara are launched on 24th January this.... Read more »

Posted on : Thursday , 17th January 2019

Swala Oil & Gas (Tanzania) plc received an initial investment of US$30 million from Energy Tanzania Limited (ETL)

Energy Tanzania Limited (ETL) is owned by Dr. Reginald Mengi, the well-known Tanzanian entrepreneur and philanthropist. It has been announced by Swala Oil & Gas (Tanzania) plc that they have entered into an ultimate agreement for an initial investment of US$30 from Energy Tanzania Limited. The funds will be utilised to develop the Company’s current projects. The investment, which is observed to close in two tranches,.... Read more »

Posted on : Wednesday , 9th January 2019

Ethiopia, Eritrean leaders reopened the Oumhajir-Humera border crossing for trade and transport

The Oumhajir-Humera border crossing was reopened by Ethiopia’s Prime Minister Abiy Ahmed and Eritrean President Isaias Afwerki as this border crossing connects the two countries for trade and transport. Eritrea’s Afwerki and Ethiopia’s Ahmed, escorted with senior officials of the two East African countries, on Monday and witnessed the official reopening of the border crossing. According to Eritrea’s Minister of.... Read more »

Posted on : Wednesday , 9th January 2019

New Kenya Upstream Outlook Shows Increased Activity By New Players in 2019

The just newly released Kenya Upstream Outlook for the year 2019 shows that most of the new seismic and drilling activity will be by new explorers with the Lamu basin just like in 2018 witnessing most of the drilling. According to a review on work programmes by the various licensed explorers in Kenya OilNews Kenya estimates that the Lamu basin could see up to five wells drilled by among them: Octant Energy, Zarara Oil and Gas, Eni and Shell..... Read more »

Posted on : Friday , 4th January 2019

Tanzania to come up with HydroPower plant

It has been announced that the hydropower plant preparations at Stiegler's Gorge in Tanzania are underway. This hydropower plant preparations are proposed for 2,100MW Rufiji hydropower plant.   This preparations will benefit the country as the project will have a gross output of 5,920GWh and also it is expected that the project will double the country's power generation capacity. This project is nearly of $307 million.   Mr. Medard.... Read more »

Posted on : Tuesday , 27th November 2018

Investment and Infrastructure development in EA OIL & GAS

The Head of East Africa oil & gas sector at Standard Bank, Mr. Maina Kigundu, said that "Foreign exchange burden of importing and distributing the refined oil and gas products will maintain balance of payment challenges while liberating much needed foreign exchange for more strategic human development." He also mentioned that there is an increase in foreign exchange that is required to meet the regions expanding need for oil and.... Read more »

Posted on : Saturday , 24th November 2018



Featured Companies
  • Bajaj Auto
  • Tire Group International, LLC.
  • /
  • TITAN Containers A/S
  • Your Banner HERE!

Complete List  

Advertisers in previous issue:

  • Air Conditioning Hire
  • Automatic brick manufacturing machines
  • Specialty and Custom Chemicals Exhibition
  • Al Hosni Group International, has the experience and expertise in Construction, Manufacturing, Marketing, Hospitality, Chemicals, Gas services and environmental projects.
  • Pumping solutions, a technological potential.
  • Kenya Engineer is a Journal of the Institution of the Engineers of Kenya
  • Manufacturing and marketing "aira" brand Valve Automation Products
  • Used Machinery
  • South African incinerator and cremator designer and manufacturer making significant inroads into overseas markets.
  • Aygaz is the only fully integrated LPG company in Turkey, operating in all LPG processes, including production, procurement, storage and filling
  •  Global Air Freight Solutions For Oil & Gas Shipments
  • Pumps for dewatering, ground water control, sludge and slurry handling.
  •  Portwest is a global vertical company with over 100 years of experience in the design, manufacture and supply of protective clothing, safety footwear, specialist gloves and PPE to resellers and distributors at the most competitive prices.
  • Global Air Freight Solutions for Oil & Gas Shipments.
  • FAS Flssiggas-Anlagen GmbH, Salzgitter, is one of the leading manufacturers and suppliers of LPG fittings and components for complete stations for the storage
  • LINTEC doub- le screen technology and the worlds first asphalt mixing plant in 100% ISO sea containers.
  • Manufacturer refrigerated-type air dryer, desiccant air dryer and compressed air in-line filter.
  • Ducorr is engaged in the engineering, manufacture & deployment of cathodic protection systems and products.
  • GLOBE GAS specialises in Multi Cylinder installation, Pipeline Installation, LPG Tank (Bulk) Installation, Designing Kitchen Layout etc.
  • VALSER Oil & Gas Limited was created to service the oil & gas, petrochemical, refining and power industries in East Africa
  •  TITAN Containers is one of the largest privately owned companies supplying containers for a multitude of applications.
  • REGO GmbH is the Rego Distribution Center located in Central Germany.
  • Narrowtex is a fully integrated company with processes such as warping, weaving, knitting, dyeing, finishing, make-up and packaging
  • Producing numerous types of welding consumables and welding machines for both the domestic and international market
  • The trusted source for all your heavy  equipment needs!
Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2022 Afrotrade