Search for Africa

19.06.2013 Uganda Aims For Commercial Oil Output By 2016

Uganda is aiming for commercial output of oil by 2016 at the earliest, as the landlocked east African nation seeks cheaper energy and funds for infrastructure projects, Reuters has reported.

11.06.2013 LUKOIL Joins New Upstream Project On Offshore Block In Ivory Coast

LUKOIL has acquired a 65% stake in the exploration, development and production project on block CI-504 offshore the Ivory Coast in the Gulf of Guinea, the company reported in a news release.

29.05.2013 Expro Celebrates 40th Anniversary With Increased Revenue

International oilfield services company Expro has increased its revenue the year ending March 2013 by 18.5% to $1.2bn on the previous year, or 20.6% on a constant currency basis, the company reported in a news release.

17.05.2013 Tanzania’s Licensing Round Back on the Books

Tanzania’s state-run oil and gas firm, Tanzania Petroleum Development Corp. (TPDC), has announced the official date for the launch of its 4th Tanzania Deep Offshore and North Lake Tanganyika Licensing Round 2013, Petroleum Africa reports.

17.05.2013 Nigeria's Oil Sector At Crossroads - Report

The Resources Governance Index of the Revenue Watch Institute (RWI) has ranked Nigeria weak in its oil revenue, All Africa reports.

16.05.2013 Africa Oil Demand to Rise Faster Than Most Areas, IEA Says

Oil demand in Africa will climb at a faster pace than most of the world in the next five years because of rising transport and power-generation needs, a report by the IEA showed, Bloomberg reports.

15.05.2013 SacOil Picks up Three Botswana Licenses

SacOil has picked up new acreage in Africa, Petroleum Africa reports. The company’s Botwana subsidiary, Transfer Holdings (Proprietary) Ltd., was advised by the Botswana Department of s that three exploration licenses were duly approved.

15.05.2013 Tullow and Africa Oil Spud in Kenya

Africa Oil Corp. and Tullow Oil have spud a well in Kenya on Block 10BB. The well is being drilled on the Etuko, formerly the Kamba prospect, Petroleum Africa reports.

14.05.2013 Africa Oil Announces Etuko-1 Well Spuds in Kenya

Africa Oil Corp. (TSX VENTURE:AOI)(NASDAQ OMX:AOI) ("Africa Oil" or the "Company") is pleased to announce that Tullow Oil Plc, the operator of Block 10BB in Kenya, has commenced drilling at the Etuko (formerly Kamba) prospect.

14.05.2013 OCP and DuPont Team up in Africa

OCP and DuPont have created a JV to provide consulting and training services to improve the safety, operational, and environmental performance of companies working in Morocco and other African countries, Petroleum Africa reports..