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Somalia puts 15 Oil exploration licenses on offer
Rich in hydrocarbons and possessing a favourable geological structure, Somalia holds huge opportunities for investors looking to enter the East African market, the country’s Minister of Petroleum and Mineral Resources, Abdirashid Mohamed Ahmed has said. “Nowhere is the contribution that the energy industry can make to civil society and economic development greater than in Somalia,” […]
Tanzania discovers more gas deposits
DAR ES SALAAM, TANZANIA-The Norwegian energy company Statoil and co-venture ExxonMobil last week announced a high impact natural gas discovery offshore in its exploration. The fifth discovery of an additional of 2-3 trillion cubic feet (Tcf) of natural gas in place in the Mronge-1 well brings the total of volumes up to 17-20 tcf […]
South Sudan announces environmental audit for all oil-producing areas
South Sudan has announced a tender for a comprehensive environmental audit of all the country’s producing oilfields. The Petroleum Act of 2012, enacted a year after independence, governs the oil sector in South Sudan. The Act is designed to better manage the environmental impact of the sector after years of neglect prior to independence, and […]