Aminex has announced that it would sell up to 13 per cent interest in the Tanzania’s Kiliwani North Development Licence (KNDL) to Solo Oil for US$7mn
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Cameroon witnesses oil production rise in 2014
Cameroon’s oil output rose 15 per cent year-on-year to 22.69mn barrels by the end of October 2014, according to National Hydrocarbons Corporation (SNH)
Ethiopia to invest US$1.4bn in petroleum pipeline project
Ethiopia would spend US$1.4bn to build a petroleum pipeline from the Port of Djibouti to a storage facility in order to reduce the cost of transportation in the country
Mozambique and India sign MoU for oil and gas cooperation
Mozambique and India have signed a memorandum of understanding (MoU) to work together to enhance capacity building in the oil and gas sectors
India to build oil storage terminals in Mauritius
Mauritius and India have recently signed a Memorandum of Understanding (MoU) for Indian Oil Corporation (IOC) and Mangalore Refinery and Petrochemicals Limited to set up oil storage terminals in the island country