Here is a brief overview of the weeks new on Oil Review Africa, from 15 - 19 May 2017
Solo Oil announces helium acquisition in Tanzania and Ruvuma gas progress
Solo Oil has acquired a 10 per cent interest in Helium One Limited and announced plans to progress further with the Ruvuma gas field, increasing its presence in Tanzania. Click here to read the full story.
Africa Oil announce oil discovery in northern Kenya
Canadian firm Africa Oil announced on 17 May that the Emekuya-1 well in Block 13T, Northern Kenya has encountered approximately 75 m of net oil pay in two zones. Click here to read the full story.
Ecobank signs agreement with OiLibya for distribution of financial services
Ecobank Transnational Incorporated, the parent company of Ecobank, has signed an agreement with OiLibya for the distribution of digital financial services. Click here to read the full story.
Lake Malawi ownership dispute escalates
The ownership of Lake Malawi, which has enormous oil and gas potential, remains in dispute with the government of Malawi announcing plans to take Tanzania to the International Court of Justice in The Hague. Click here to read the full story.
IEA: Nigeria and Libya mixed output news but optimism remains high
Libya and Nigeria, exempt from OPEC cuts, have yet to challenge the supply pact with a substantial increase in output, according to the Oil Market Report released by the International Energy Agency (IEA). Click here to read the full story.
Total expands exploration activities in Mauritania with a new deep offshore license
Total and Mauritania have signed an exploration and production contract to perform exploration works on Block C7, which covers an area of 7,300 sq km. Click here to read the full story.
Industry leaders upbeat about Senegalese oil and gas development
Leaders from the oil and gas industry in Senegal are positive about hydrocarbons prospects for the west African country. Click here to read the full story.
