East Africa ///

Future of Ugandan oil and gas sector looks bright, Siemens says

The International Monetary Fund recently stated that the oil reserves in Uganda may account for around 4% of the country’s economy annually in the next few years if managed well.

CGG signs multi-client data agreement with Mozambique

CGG announces that it has signed a multi-client data agreement with Mozambique’s Instituto Nacional de Petroleo (INP) following a competitive tender process held by INP in 2016.

Baker Hughes secures second major contract for Eni's Coral South FLNG

Baker Hughes, a GE company (BHGE), has announced a second major contract for Eni East Africa’s (EEA) Coral South FLNG development, offshore Mozambique, underlining the company’s position as the world’s first and only integrated fullstream provider of products, services and digital solutions that maximize productivity, efficiency and cost reduction.

Libya's largest oil field "back to normal" after disruption

Libya’s biggest oil field Sharara is “back to normal” after a disruption caused by protests, the country’s National Oil Corp. said.

Anadarko moves toward FID for LNG project in Mozambique

Anadarko Petroleum Corp. has announced that it had finalized two agreements with the Government of Mozambique – together known as the "marine concessions" – which would allow it to design, build and operate the marine facilities for its LNG project in northern Mozambique.

Africa Oil Corp. provides update on operations in Kenya

Africa Oil Corp. has provided the following update on its operations in Kenya.

SOFEC awarded contract for Coral South Project, offshore Mozambique

MODEC, Inc., has announced that SOFEC, Inc., a MODEC Group company, has been awarded the turret mooring system supply contract for the Coral South Project by the joint venture consisting of TechnipFMC and JGC Corporation.

Libyan oil output exceeds 1 MMbpd for first time in four years

Libya's oil production has risen to 1.012 MMbopd, a Libyan oil industry source told Reuters on Friday, topping 1 MMbpd for the first time in four years.

Libyan crude gushes into tankers as nation's output accelerates

Libyan oil shipments are poised to hit their highest level in at least three years in the latest sign the North African country is managing to sustain a production revival.

Aker Solutions to supply umbilicals for Mozambique's first offshore field development

Aker Solutions was awarded a contract to deliver three umbilicals and associated equipment at Eni's Coral South project, Mozambique's first offshore field development.

Protest-hit Ethiopia region plans private oil company to calm unrest

A central Ethiopian region that’s seen almost two years of sporadic anti-government protests is planning a new private oil company and is in talks to import Middle Eastern crude, part of an economic initiative authorities say will address some of the roots of the unrest.

South Sudan Ministry of Petroleum launches open tender for petroleum audit

South Sudan’s government will commission an audit of national oil production and petroleum industry activities, the Ministry of Petroleum announced today. The Ministry invites companies to bid on a public tender to perform the audit and produce a 2017 audit report on the industry.

Investors snap up assets in a nation where defaults are rife

For a country that has missed several debt payments this year, Mozambique’s assets are performing remarkably well.

Total asks to revisit South Sudan oil blocks, minister says

Total SA approached South Sudan about developing two of its biggest oil blocks after previous talks on the fields collapsed, according to the African nation’s petroleum minister.

Saipem secures $230-million in drilling contracts in Mozambique, the Black Sea and the Mediterranean

Saipem and Eni have signed a contract for offshore drilling activity in Mozambique, utilizing the drillship Saipem 12000. In addition to this contract, which will allow the Company to participate in the development of the Coral field, Saipem has been awarded other offshore drilling contracts.

Eni finalizes $7-billion Mozambique gas project investment

Eni SpA led a group that signed off on a $7-billion investment in a project to export natural gas from Mozambique.

Africa Oil reports oil discovery at Emekuya-1 in northern Kenya

Africa Oil Corp. has announced that the Emekuya-1 well in Block 13T, Northern Kenya has encountered approximately 75 m of net oil pay in two zones.

South Sudan blocks open for direct negotiation, following collapse of talks with E&P companies

Representing the Government of South Sudan, the Ministry of Petroleum has announced that it is welcoming the interest of investors for direct negotiations on oil and gas in Blocks B1 and B2. The announcement comes after negotiations broke down with the French oil and gas company Total E&P, due to irreconcilable differences.

Oil workers seen as target in new phase of South Sudan's war

Crude oil brings in the cash to keep South Sudan’s army fighting. That may have made oil workers a target for rebels waging the African nation’s three-year civil war.

War-ravaged South Sudan draws $500-million Oranto oil bet

Nigeria’s Oranto Petroleum International Ltd. plans to bet half a billion dollars that Africa’s newest nation can end a three-year civil war and create the conditions to revive its oil industry.