N e w s

CAMAC completes seismic surveys for oil and gas exploration in Kenya

 CAMAC Energy, a United States oil and gas exploration company has announced completion of 2D seismic acquisitions for two blocks in Kenya; 700 line kilometers on L-1B block and 325 line kilometers on L-16 block.   The intention is to discover potential exploration targets in Paleozoic, Jurassic, Cretaceous, and Middle to Lower Tertiary sections, known to be oil-bearing in East Africa. The oil and gas exploration survey was carried.... Read more »

Posted on : Tuesday , 17th February 2015

sterling energy receives license extension for madagascar’s ambilobe, ampasindava blocks

The AIM listed oil & gas exploration company Sterling Energy Plc has announced it has received a Ministerial and Presidential approval was granted in October 2014 to extend the current phase of both the Ampasindava and Ambilobe PSCs to July 2016.   These approvals have now been formally published in the Official Gazette of Madagascar, which is the final step in the approval process.   The Ambilobe PSC which was first awarded in.... Read more »

Posted on : Tuesday , 17th February 2015

UGANDA TO AUCTION SIX MORE OIL BLOCKS

 Uganda’s cabinet has approved the auction of six new exploration blocks in the oil rich Albertine basin in what will see the country’s first competitive bidding round.   The new shift follows the passing of the Petroleum Exploration Development and Production Act 2013 Section 52 which allows the State Minister for Energy with the approval of Cabinet announce areas open for bidding for a petroleum exploration.... Read more »

Posted on : Tuesday , 17th February 2015

In Rwanda, Israelis and Americans launch East Africa’s first commercial solar field

 Just a few degrees south of the equator on Thursday, sunlight bathed rows of pristine solar panels as delegates from around the world arrived to celebrate the inauguration of East Africa’s first solar field.   “What we can see up here today for Rwanda, Africa and the world is hope,” said Yosef Abramowitz, the American-Israeli co-founder and president of the Gigawatt Global company. “We’ve come together.... Read more »

Posted on : Tuesday , 17th February 2015

Gigawatt Global to invest US$2b in generating 1000Mw of solar power for Africa

Gigawatt global is set to spend about US$2billion in developing and pumping 1000Mw of solar power in Africa by 2020.   Dutch company Gigawatt has said the 1000MW power project will have its roots in East Africa where the largest photovoltaic field will be built in Rwanda. Burundi is one of the countries that could also benefit when this facility is expanded.   The photovoltaic field solar power plant will help to serve electricity.... Read more »

Posted on : Thursday , 12th February 2015

Algeria to invest US$70b in fracking technology

 Algeria’s state-owned oil exploration company Sonatrach is set to invest US$70 billion in gas extraction through fracking technology in the next two decades.   This decision was arrived at after successful drilling tests carried in the country’s southern desert.   The project is aimed to help the country in producing 20 billion cubic metres of shale gas annually from 200 drilling sites in the.... Read more »

Posted on : Thursday , 12th February 2015

RWE Dea starts gas drilling operations in Algeria

 German construction company RWE Dea has started drilling operations of gas wells in Algerian Sahara.   The gas project is scheduled to give birth to 26 development wells in its first phase. Gas is expected from these wells in 2017.   The initial drilling of the first well KL-39 began in January, and the drilling of the other 21 wells will take place in the course of the project.   RWE Dea is a consortium of Groupment.... Read more »

Posted on : Thursday , 12th February 2015

Algeria records increased imports in construction materials

 National Statistics and Data processing centre (CNIS) has reported that the quantity of imported construction materials in Algeria increased by 15.6% in 2014.   According to the report, imported quantities of main building materials such as wood, cement, iron, ceramic and aluminium rose to 10.13 million tonnes in 2014 from 8.92 million tonnes in 2013, representing a 15.6% increase.   The cement industry imports’ bill.... Read more »

Posted on : Thursday , 12th February 2015

Kenya: Meru to construct 120 km of road in the planned annuity roads program

 Governor of Meru Peter Munya has said this week that the county will benefit from the planned governments’ annuity roads construction program by building 120km of roads, after talks with the national government bore fruit.   Talks held between the governor, Meru senator Kiraitu Murungi, and Transport Cabinet Secretary Michael Kamau were held as the county had differed with the government in relation to the awarded length of.... Read more »

Posted on : Thursday , 12th February 2015

Kenya: Nairobi-Mombasa petroleum pipeline set for rehabilitation

 The 450km Nairobi-Mombasa petroleum pipeline, which was built in 1976, is set for rehabilitation after an audit revealed immense shortcomings that are compromising safety and performance.   The aging pipeline has in the past, experienced raptures, hence compromising on reliability of movement of petroleum products from Mombasa to Nairobi.   “The latest in-line inspection of the pipeline using the magnetic flux leakage.... Read more »

Posted on : Thursday , 12th February 2015

Oil, Gas and Chemical Industry advised to adopt cost culture to survive current environmen

With the recent fall-off in oil prices, companies in virtually all sectors of the oil, gas and chemicals (OGC) industry worldwide are going to have to plan and manage their projects for greater capital productivity, something they weren’t doing particularly well before the price-drop, and along the way create a “cost culture” inside their companies. That’s according to a new study, which includes a survey of 250.... Read more »

Posted on : Tuesday , 10th February 2015

Mines ministry launches portal to track licences

The Mining ministry has adopted an online portal in a fresh campaign to boost transparency in the issuance of licences even as the industry awaits new laws to spur investments. The transactional Mining Cadastre Portal (OTMCP) launched last week by Deputy President William Ruto will track all mining licences — from exploration to production—that have been issued by the ministry.   “Kenya is now among the few countries in.... Read more »

Posted on : Tuesday , 10th February 2015



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