African Business News

ANADARKO SELECTS CONTRACTOR FOR INITIAL ONSHORE MOZAMBIQUE LNG DEVELOPMENT

Anadarko Petroleum Corporation on behalf of the co-venturers in Mozambique’s Offshore Area 1, and after a competitive FEED (front-end engineering and design) process has announced the selection of a consortium consisting of CB&I, Chiyoda Corporation and Saipem (CCS JV) for the initial development of the onshore LNG park in Mozambique.

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Uganda: Sanctions-Hit Russian Group Wins U.S. $4 Billion Uganda Oil Refinery Deal

Uganda has rewarded a $4bn oil refinery deal to a subsidiary of Russia's Rostec, whose CEO has been subject to US sanctions.

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RIFT ENERGY READY TO DRILL IN KENYA’S BLOCK L19

Houston based exploration company Rift Energy has told its shareholders that it is ready to commence drilling operations even as the company continues to evaluate potential acquisitions throughout east Africa.

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Bounty Oil and Gas closer to Tanzania gas revenue

Bounty Oil and Gas (ASX:BUY) is a step closer towards receiving gas revenue from the Kiliwani North Development Licence in Tanzania.

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