Posted on : Monday , 6th July 2015
Independent producer Tullow Oil reported Wednesday that it had seen strong oil production from its West African operations during the first half as the company took action to "re-set" its business. During the first six months of 2015, Tullow's West Africa working-interest oil production averaged 66,500 barrels per day. The firm said that, as a result of strong performance from its Jubilee field offshore Ghana, it was increasing its production guidance for West Africa.... Read more »
Posted on : Monday , 6th July 2015
Golar LNG Limited (Golar) announced Tuesday that, further to the announcement on Dec. 24, 2014 regarding the signing of a Heads of Agreement with Societe Nationale de Hydrocarbures (SNH) and Perenco Cameroon (Perenco) for the development of a floating liquefied natural gas (FLNG) export project in Cameroon, agreement has now been reached with the support of the Boards of both Golar and Perenco on the material commercial terms and conditions for the project. The Tolling Agreeme.... Read more »
Posted on : Monday , 6th July 2015
Kenya’s road network expanded by 16 per cent in 2014 and the first 40 km of the new Mombasa-Nairobi standard gauge railway project has also been completed
Posted on : Monday , 6th July 2015
London-based Genesis Energy Corporation and Norway’s SHP Malthe Winje have decided to fast-track the deployment of modular mini hydro power solutions for Nigeria and the entire African continent at large
Posted on : Monday , 6th July 2015
The Government of Tanzania announced that is currently evaluating a considerable reduction on the Value Added Tax (VAT) on houses in order to boost the investment in real estate in Tanzania and raise living standards.
tanzania-vat-real-estateThe reduction on the VAT is aimed at helping low income families to purchase a property from the National Housing Corporation (NHC) which this year started the construction of 139 affordable houses, part of a goal of 15,000 additional uni.... Read more »
Posted on : Monday , 6th July 2015
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Italian independent power producer (IPP) Building Energy has signed an MoU with the New & Renewable Energy Authority (NREA) for two 50MW PV plants in Benban, Upper Egypt, making it the company’s first project in the North African nation solarpark-activsolarBuilding Energy plans to develop two 50MW plants in Benban, Upper Egypt.
Posted on : Saturday , 4th July 2015
Italian power engineering company Ansaldo Energia has been awarded three contracts worth US$266mn in Egypt
Posted on : Saturday , 4th July 2015
With an estimated 46.5 trillion cubic feet of natural gas reserves that are expected to rise to 200 trillion cubic feet in the next two years, Tanzania is now firmly on the world energy map as a hot spot for the global energy industry.
Posted on : Saturday , 4th July 2015
KenGen is set to develop a 400 megawatt (MW) multibillion-shilling wind power farm in Meru, adding to its growing portfolio of renewable energy sources.
Posted on : Saturday , 4th July 2015
Spring Lights Gas (SLG) which is one of the largest Piped gas suppliers for KwaZulu Natal Industry is set to commission a new compressed natural gas (CNG) Plant in Southern Durban before the end of this year.
Posted on : Saturday , 4th July 2015
President Uhuru Kenyatta has broken ground to start Africa's biggest wind power project in Laisamis, Marsabit County, as Kenya took giant steps in asserting its position as a leader in green energy production globally.
Posted on : Friday , 3rd July 2015
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