Regional News: East & South Africa

 
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Seplat Chairman: Nigeria's Buhari Should Sell Stakes In Oil, Gas JVs
Monday, June 22, 2015 Nigeria's new government should sell its stakes in joint ventures in the country's energy industry, the chairman of Seplat Petroleum says.

Tullow Pays $250 Million to Settle Uganda Tax Dispute Out of Court
Monday, June 22, 2015 Tullow Oil agrees to pay $250 million to settle a tax dispute with the Ugandan government out of court, almost half of the sum the east African country had originally demanded in tax relating to a sale of oil licences.

Wentworth Resources Discovers Gas at MB-4 Well in Tanzania
Wednesday, June 17, 2015 Wentworth Resources has discovered gas at the MB-4 development well in the Mnazi Bay Concession, located in southern Tanzania.

Orca Proceeds With Songo Songo Gas Project After Securing IFC Funding
Tuesday, June 16, 2015 Orca Exploration to proceed with the first phase of the Songo Songo gas field development offshore Tanzania after securing funding from the International Finance Corp.

Tanzania Lifts Gas Resources Estimate to 55 Tcf
Monday, June 08, 2015 Tanzania's current natural gas reserves are at about 55 trillion cubic feet following new deep sea discoveries off its southern coast, the east African nation's energy minister says.

Sasol's CEO and President to Step Down in May Next Year
Monday, June 08, 2015 Sasol CEO David Constable will step down form the South African oil firm next May.

Bowleven CEO Urges Companies to be Opportunistic while Costs are Low
Friday, June 05, 2015 Bowleven CEO Kevin Hart urges oil and gas exploration companies to be opportunistic while costs are low, at Friday's Shore Capital Exploration & Production Conference in London.

Sterling Energy Completes 3D Seismic Survey over Ambilobe Block
Tuesday, June 02, 2015 Sterling Energy announces that it has completed a 3D seismic survey of approximately 420 square miles over the Ambilobe Block, offshore northwest Madagascar.