Market News
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UK oil firms keen to expand in East Africa
Posted on :Thursday , 28th August 2014
Based on a survey conducted by the Bank of Scotland, UK oil and gas companies are keen on expanding international operations with East Africa emerging as a prime area
Investment in Africa\'s Oil, Gas to Increase Through 2016
Posted on :Thursday , 28th August 2014
The Managing Director of baker Hughes Nigeria, Mr. Ayo Shote has predicted that investment in Africa's oil and gas business would increase beyond 2016.
Nairobi: Dar es Salaam set to join Africa\'s Super 10 cities
Posted on :Thursday , 28th August 2014
Rapid economic growth, coupled with discovery of large deposits of oil and gas, are likely to see both Nairobi and Dar es Salaam join the top 10 "super cities" of Africa by 2030, according to a new report.
The report by United Kingdom-based international firm PricewaterhouseCoopers (PWC) also predicts that Dar es Salaam will become a bigger city than. . .
Nigeria: Investment in Africa\'s Oil, Gas to Increase Through 2016, Says Baker Hughes
Posted on :Thursday , 28th August 2014
Ejiofor Alike The Managing Director of baker Hughes Nigeria, Mr. Ayo Shote has predicted that investment in Africa's oil and gas business would increase beyond 2016.
Speaking at the company's Techno Day conference and Exhibition held recently in Lagos, Shote explained that these investments will continue to come into Africa because of huge potentials in A. . ..jpg)
East African Explorers Seek Third Partner For Kenya Oil Fields Development
Posted on :Wednesday , 27th August 2014
East African explorers, Africa Oil and its partner Tullow Oil, have told Reuters they could take on a third partner to help develop oil discoveries in northern Kenya where they discovered an estimated 600 million barrel in Block 13 T and Block 10 BB in South Lokichar Basin.
“We will likely bring on a partner to help develop Lokichar Basin reserves but no timetable has been. . .Please Select an Option
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