Market News

  • Kenya Algeria Sign Mou On Oil And Gas

    Posted on :Monday , 2nd March 2015

     Kenya has signed a Memorandum of Understanding with Algeria to promote bilateral cooperation in the field of oil, gas and power.

     
    In a signing overseen by of President Uhuru Kenyatta and Prime Minister Abdelmalek Sellal at the Presidential Palace in Algiers Cabinet Secretary of Foreign Affairs and International Trade Amb. Amina Mohamed signed on behalf of Kenya. . .

  • Aberdeen University To Help Develop Oil And Gas Education In Tanzania

    Posted on :Monday , 2nd March 2015

     Aberdeen University has been awarded a £1.4million grant to help develop oil and gas education in East Africa.

     
    The grant will be split with Dar es Salaam University in Tanzania to help develop the country’s young oil and gas sector with recent discoveries of significant gas reserves.
     
    This will help Tanzania develop th. . .

  • INDUSTRIAL VALVES MARKET IN THE MIDDLE EAST AND AFRICA TO REACH $10 BILLION BY 2019

    Posted on :Tuesday , 24th February 2015

     A new study by Research and Markets on the Industrial Valves Market in the Middle East and Africa has  shown that the market demand for industrial valve in these regions is estimated to reach $10 Billion by 2019, with a projected CAGR of 5.7% in the next half a decade

     
    The increasing demand in oil & gas, chemical and municipal applications is expected . . .

  • Erhc Prepares For 1st Drilling In Kenya’s Block 11a

    Posted on :Friday , 20th February 2015

     Houston based explorer ERHC has said it is working on securing the requisite drilling rig for its first well in Block 11A even as it continues with studies to determine the location for drilling.

     
    Already the company that is currently serving its first additional phase of exploration team is calculating volumetrics following the completion of 2D seismic mapping. . .

  • CAMAC completes seismic surveys for oil and gas exploration in Kenya

    Posted on :Tuesday , 17th February 2015

     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-. . .

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