Tullow faces Ugandan gains tax

UK explorer Tullow Oil has to pay capital gains tax on proceeds from the transfer of working interests, or farm-downs, in its Uganda assets to France's Total and China National Offshore Oil Corporation (CNOOC), a senior government official said.

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KBR to perform design, engineering for $3bn Nigeria refinery

KBR HAS BEEN awarded a contract by Houston-based FPR Inc. to provide design and early engineering services for the development of the Araromi Refinery Project in the OK Free Trade Zone (OKFTZ) in Nigeria.

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EAC Contracts for Tanzania-Kenya Gas Pipeline Study

During a meeting this week in Arusha, Tanzania, an official with the East African Community (EAC) Secretariat said that European and African firms will perform a feasibility study on a proposed natural gas pipeline from Dar es Salaam, Tanzania to Mombasa, Kenya via Tanga, Tanzania.

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Nigeria oil reform 'will free up funding'

Nigeria's sweeping oil reform bill should resolve the Opec member's chronic funding shortfalls which have stalled expansion in the country's energy sector, a senior lawmaker said recently.

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Good cheer from China as oil recovers

ghana-rigoffshoreBehind a great wall of statistics emerges a pattern of domestic energy supplies falling further behind growth overall. But Africa cannot take the huge China market for granted, our Special Correspondent warns.

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