East Africa ///

Regional Report: East Africa

Emily Querubin, World Oil

Oil-rich East Africa continues its uphill battle to recovery

South Sudan oil linked to militias needs oversight, groups say

South Sudan’s state-owned oil company needs increased oversight to protect vital revenue in a country reeling from a civil war and at risk of famine, according to two groups monitoring the activity.

Anadarko announces approval of Mozambique LNG development plan

Anadarko Petroleum Corporation today announced it has received official approval from the Government of Mozambique for the Golfinho/Atum field development plan.

PetroChina said to agree to 2018 deal to lift Libya oil

PetroChina Co. agreed to an annual contract to buy Libyan crude after similar deals by oil majors like Royal Dutch Shell Plc and BP Plc, underscoring a recovery in the North African country’s production even as its political uncertainty persists.

Kenya pipeline boosts oil-storage capacity by 22% with tanks

Kenya Pipeline Co. will spend 5.3 billion shillings ($52 million) building four new tanks that will increase its storage space by more than a fifth, Managing Director Joe Sang said.

Anadarko announces Mozambique LNG sale and purchase agreement

Anadarko Petroleum Corporation (NYSE: APC) today announced Mozambique LNG1 Company Pte. Ltd., the jointly owned sales entity of the Mozambique Area 1 co-venturers, has entered into a long-term LNG Sale and Purchase Agreement (SPA) with Électricité de France, S.A., (EDF).

Mozambique approves Anadarko's $20-billion natural gas plan

Mozambique’s council of ministers approved the development plan for Anadarko Petroleum Corp.’s liquefied natural-gas project in the north of the nation, an investment estimated at about $20 billion.

New bill halves share of oil income for Kenya communities

Kenya halved the amount of revenue it will distribute to local communities once commercial oil production starts, setting up a potential dispute with residents of its economically deprived northern Turkana region.

Africa Oil Corp. provides update on operations in Kenya's South Lokichar basin

Africa Oil Corp. (AOC) is pleased to provide the following update on activities in the South Lokichar basin (Blocks 10BB and 13T in Kenya).

Ethiopian oil refinery planned as Blackstone pipeline shelved

Ethiopia’s fast-growing economy has Asian investors lining up to build a new $4 billion oil refinery, even as a Blackstone Group LP-backed fuel pipeline project is shelved.

Mozambique's gas-rich north faces specter of further attacks

Sporadic attacks by gunmen in northern Mozambique will probably continue although they’re unlikely to hurt investment in the region’s sizable gas resources, Control Risks Ltd. said, after seven people were killed in raids in the past week.

Wentworth Resources provides operational update on Tanzania, Mozambique

Wentworth, the Oslo Stock Exchange and AIM-listed independent, East Africa-focused oil & gas company, is today providing an update to shareholders.

Wentworth Resources provides update on East African operations

Wentworth, an East Africa-focused oil & gas company, has provided the following update to shareholders.

Anadarko discussing Mozambique LNG supply with Chinese buyers

Anadarko Petroleum is in talks to sate China’s increasing appetite for liquefied natural gas from its planned development in Mozambique.

Libya oil output said to drop with pipe work lasting a week

Libyan crude production fell below 1 MMbpd as the country’s crucial energy infrastructure was once again targeted by violence.

Oil deal may win back Sudan some influence over former enemy

Sudan lost three-quarters of its oil reserves when the south seceded in 2011. A four-year civil war in Africa’s youngest nation may be letting it reassert control.

ExxonMobil completes LNG acquisition in Mozambique Area 4

ExxonMobil announced today the completion of a transaction by ExxonMobil Development Africa B.V. to acquire a 25% indirect interest in Mozambique’s gas-rich Area 4 block from Eni and assume responsibility for midstream operations.

Eni secures project financing for Coral South FLNG

Eni, together with its Area 4 Partners, announces that the Coral South FLNG multi-sourced project financing achieved financial close, for a total amount of $4,675,500,000.

Africa Oil concludes 2017 exploration, appraisal campaign in Kenya

The 2017 exploration and appraisal drilling campaign concluded following the drilling of the Amosing-7 appraisal well. The PR Marriott Rig-46 has been demobilized. Two discoveries were made during the campaign.

Oranto Petroleum to explore South Sudan with BGP

South Sudan’s newest oil and gas entrant Oranto Petroleum has begun its exploration program through an agreement with BGP Inc. South Sudan. The deal comes just eight months after Oranto signed its exploration and production sharing agreement (EPSA) with the government, and kicks off its three-year first exploration commitment period.