Africa Oil (V.AOI) boasts of potential 231b barrels in Kenya prospect
New investments in the natural resource sector in East African countries should translate to a massive increase in oil and gas production, Wood Mackenzie said.
Martin Kelly, director of upstream research in East Africa for the energy analysis company, said the next year should bring
Read more: Africa Oil (V.AOI) boasts of potential 231b barrels in Kenya prospect
Africa Oil provide Kenya operations update
Africa Oil Corp. (TSX VENTURE:AOI)(OMX:AOI) ("Africa Oil" or the "Company") announces that the Company and its operating partner, Tullow Oil plc ("Tullow" or, together, the "Partnership"), have temporarily suspended all operations as a precautionary measure in Block 10BB and Block 13T
Africa Oil sees interest from foreign investors in East African oil exploration
Investment into Africa’s burgeoning oil and gas sector is expected to rise in coming years as big oil companies and foreign investors from the US, Europe and Far East finance existing and new projects in the continent.
According to Keith Hill, CEO of Canadian oil and gas
Read more: Africa Oil sees interest from foreign investors in East African oil exploration
Nairobi announces recent large and world-class gas discoveries in Mozambique and Tanzania
Recent large and world-class gas discoveries in Mozambique and Tanzania, with potential for more to come, and commercial oil flows in Kenya, show the potential of the enormous exploration frontiers of Eastern Africa, both onshore and offshore. The impact of this resurgence is rebalancing the Africa oil-gas industry landscape into a
Read more: Nairobi announces recent large and world-class gas discoveries in Mozambique and Tanzania
