So on Monday, I huddled with a diplomat in the Qatar capital, Doha.
I wanted to know why, as an East African, I should be losing sleep over events in the Middle East, especially the Islamic State’s rampage, the war in Syria and Yemen, and what some have called the Sunni coalition led by Saudi Arabia against the Iran-anchored Shia coalition.
His view was that the Saudi have been extremely audacious, and equally dangerous, in their play.
To begin with the one we all know, was its move to crush American shale oil production by driving prices down.
With the nuclear talks between regional rival Iran and world powers, Saudi Arabia also wanted to make any e...
Tanzania has joined Kenya and Uganda in the search for a least cost option for a pipeline that will take crude oil from East Africa to export markets and allow its natural gas to be exported to neighbouring countries.
After fact-finding missions last week to the competing ports of Lamu, Mombasa and Tanga, technical teams went back to the drawing board to look for an optimum solution that also ensures the strategic interests of the three countries are accommodated.
Their findings are expected to form the basis of discussions first at a meeting between Tanzania and Kenya to be held in Nairobi on Tuesday, March 29, where Tanzania has been invited after i...
Simba Energy has said that through its subsidiary Company Simba Africa Rift Limited together with its farm in partner Essel Group ME (EGME), have agreed that the 2D Seismic Data Acquisition and Processing program will cover approximately 500 line km of survey to commence in early May 2016.
Simba says it expects that preliminary field work and mobilization will commence in mid to late April, 2016 before the full survey with the work set to take about 60-75 days to complete to be followed by interpretation of the data.
Simba adds a contract has been executed with Africa Geophysical Services LLC, (AGS) for the purpose of 2D Seismic Data Acquisition and P...
Canada leading country in extractives with its companies accounting approximately 31% of global exploration expenditure and 50% of capital raised globally in mining industry through the Toronto securities exchange.
Corporate social responsibility (CSR) mandatory for Canadian companies in extractives sector as the country has an existing CSR strategy with newly updated benchmarks.
Countries must ensure their policies enable a triple benefit for host country, Exploration Company and the local communities.
CSR must be totally voluntary and not based on legal requirements such as petroleum sharing contracts
Mr Rielo made the pledge in Dar es Salaam during a meeting with Dr Magufuli at the State House, according to a statement issued by the Directorate of Presidential Communications.
The Total boss guaranteed to the president that his company had already secured the 4 million US dollars (about 8 trillion/-) required for the ambitious project in East Africa.
On his part, Dr Magufuli welcomed the venture and urged the company to fast-track its implementation. “It will be better to execute the venture in less than the scheduled completion time of three years to enable the people realise its benefits in the near future,” the statement quoted President Magufuli a...
Kenya’s Block 12B operator Tullow Oil and joint venture partner Swala Energy have announced that the government of Kenya has approved a new work programme submitted by the explorers involving carrying out a Full-Tensor Gravity (“FTG”) Survey over the block to optimise the location of the exploration well and thereby maximise its chances of success.
Following the extension on March 10th the partners have until 16th of August 2017 within which to drill the 12B exploration well.
The FTG work would be carried out in conjunction with reprocessing of the 2014 seismic to improve the character of the sediment fill below the basalts, as demonstrated by Swala’...
Days after Tanzania and Uganda are said to have agreed on a more southern route that would avoid Kenya’s oil rich Lokichar basin the latter’s finance and energy cabinet secretaries are putting a brave face saying it is not a done deal.
According to finance CS Henry Rotich and Energy CS Charles Keter despite the said agreement between Tanzania’s president John Maghufuli and his Ugandan counterpart Yoweri Museveni the pipeline project is a regional project in the fate of all East African Community states.
They insist that the pipeline remains among the core issues to be discussed during the forthcoming EAC summit set for later this month.
Swala Energy, which in partnership with Tullow Oil is prospecting for oil and gas in the Nyanza basin, has estimated recoverable crude of up to 808 million barrels in the area.
According to a report dated February 2016, the area around Ahero in Kisumu, would produce most of the amount with the rest coming from around Kendu Bay in Homa Bay.
Swala Energy hired American-owned Gaffney, Cline & Associates — that consults on upstream and downstream gas and oil resources — to advise on the way forward and determine the possible discoveries from Block 12B which it owns.
In the joint venture for the block, Swala owns 50 per cent stake while Tullow Oil owns the...
French equipment manufacturer Vallourec has strengthened its proximity with Oil and Gas customers in East Africa by opening a new sales office in Nairobi, Kenya.
According to Vallourec East Africa remains more than ever a strategic region, despite the current challenges in the global oil and gas markets with the new office is an indication of the Group’s commitment to contribute to the development of the region’s energy sector in the coming years.
Country Manager Erwan Le Gouadec will be Vallourec’s local representative, responsible for both the office and the commercial coverage of the Oil & Gas sector in the East African region.