Market News
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PLANS FOR NEW KIPEVU OIL TERMINAL ON COURSE
Posted on :Friday , 4th September 2015
PRELIMINARY designs on the planned relocation of the Kipevu oil terminal in Mombasa are being finalised to pave way for the tendering process, Kenya Ports Authority managing director Gichiri Ndua has said.
Danish consultancy firm Niras is overseeing the relocation of the oil terminal, which will expand the country’s petroleum handling and storage capacity by a. . .
Uganda: Govt Tightens Rules On Expatriates in Oil Sector
Posted on :Thursday , 3rd September 2015
In a move meant to boost the participation of more Ugandans in the oil and gas sector, government has set stringent rules on hiring expatriates.
Dozith Abeinomugisha, an assistant commissioner in the petroleum directorate in the ministry of Energy and Mineral Development, says the rules are meant to regulate expatriates in the sector. Abeinomugisha was on Wedn. . .
Tender for the construction of the Kenya-Uganda pipeline to be anno
Posted on :Wednesday , 2nd September 2015
A tender for the construction of the US$ 4bn Kenya-Uganda pipeline that is expected to cover 1,500km is set to be announced before the end of this year.
The construction project has been incorporated into the Lamu Port- South Sudan-Ethiopia Transport Corridor (Lapsset) infrastructure project.The Lapsset Corridor Development Auth. . ..jpg)
Eni discovers a supergiant gas field in the Egyptian offshore - the largest ever found in the Mediterranean Sea
Posted on :Tuesday , 1st September 2015
Eni has made a world class supergiant gas discovery at its Zohr Prospect, in the deep waters of Egypt. The discovery could hold a potential of 30 trillion cubic feet of lean gas in place covering an area of about 100 sq kms. Zohr is the largest gas discovery ever made in Egypt and in the Mediterranean Sea. Eni will immediately appraise the field with the aim of accelerating a fast track d. . .
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Tanzania’s Kiliwani North Gas Agreement To Be Signed In Q3 2015
Posted on :Tuesday , 1st September 2015
Production from the Kiliwani North Field could start in 2015 with the Tanzanian authorities having advised that production should start within Q3 2015 now that the main pipeline has been pressure tested and with the Gas Agreement expected to be signed this quarter.
The completion of a Gas Sales Agreement (GSA) is subject to finalizing satisfactory payment prot. . .Please Select an Option
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