Market News
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Atlas Development & Support Services lists on the Nairobi Securities Exchange
Posted on :Wednesday , 17th December 2014
Nairobi-headquartered support services and logistics company Atlas Development & Support Services (ADSS or Atlas cross listed on the Growth Enterprise Market Segment (‘GEMS’) of the Nairobi Securities Exchange, having successfully raised KES 450 million (US$5 million) through a private placement to Kenyan investors.
According to Atlas CEO Carl . . .CAMAC Energy to Acquire 3D Seismic Offshore Gambia
Posted on :Tuesday , 16th December 2014
CAMAC Energy has announced that its wholly owned subsidiary, CAMAC Energy Gambia Ltd has awarded a contract for the acquisition of a 3D seismic survey to Polarcus Limited covering approximately 1,504 km2 in the Company’s A2 and A5 blocks offshore Gambia.
CAMAC says that the objectives of the seismic survey are to enhance the definition and maturation of potent. . ..jpg)
RWE Dea Doubled its Egyptian Oil, Gas Output
Posted on :Monday , 15th December 2014
North Africa is one of our strategic core regions,” explained Maximilian Fellner, General Manager of RWE Dea Egypt. “In Egypt, Dea can look back upon three decades of oil production and we recently doubled our overall production in the country through getting our onshore gas project Disouq on stream. We are delighted about these success stories and will continue on this track,. . .
Madagascar Oil requests 2 year extension for Madagascar Exploration Blocks
Posted on :Monday , 15th December 2014
Madagascar Oil has announced that following discussions held at the Executive Committee meeting regarding Blocks 3105, 3106 and 3107 on 9 December 2014, the Company’s wholly owned subsidiary, Madagascar Oil S.A., has written to the Office des Mines Nationales et des Industries Stratégiques (“OMNIS”) formally requesting a two year extension to the exploration period of e. . .
Taipan Resources awards drilling contracts for Badada-1 well in Kenya s Block 2B
Posted on :Friday , 12th December 2014
Block operator in Block 2B Taipan Resources has announced that together with other joint-venture partners, have executed a contract with Greatwall for the GW-190 land rig and have also contracted Aberdeen-based Norwell Engineering to manage the drilling operations of the Badada-1 well.
The GW-190 land rig recently completed the drilling of the Sala-1 discovery. . .Please Select an Option
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