East Africa ///

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.

China Poly to see Ethiopian gas exports by 2019, minister says

China Poly Group plans to start exporting natural gas from Ethiopia’s eastern Ogaden basin by mid-2019 as it continues to explore near the border with Somalia, Petroleum Minister Motuma Mekassa said.

Africa's oil industry needs to harness innovation, technology, PwC says

The oil and gas industry in Africa continues to face market challenges arising from the low oil price, competition for revenue growth and local talent together with new expectations from investors and regulators.

Africa unites to garner investment at Africa Oil Week in Cape Town

The African oil industry met this week to discuss the potential, but also the challenges, that the industry faces as the continent moves towards the commercialization of its huge gas and oil reserves.

WoodMac: What's behind the boost in Libya's oil production?

Libya's oil production has increased steeply from August 2016’s low point of below 300,000 bpd to around 850,000 bpd at present, passing the 1-MMbpd barrier in July. But Wood Mackenzie believes Libya may now be reaching its near-term production limits and future growth will be gradual.

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.