After the decision on the Uganda-Kenya pipeline route and given its construction timeline, Kenya’s oil production is expected to start in 2022
Exploration
‘Uganda has more than twice its currently discovered oil’
According to estimates from Uganda’s Ministry of Energy and Mineral Development, the country has undiscovered deposits of more than eight billion barrels of crude oil
Egypt awards oil and gas concessions worth US$100mn
Egypt has awarded five oil and gas concessions that are expected to bring in a minimum total investment of US$100mn
Ceona partners with Interoil Angola
Subsea contractor Ceona plans to strengthen its presence in West Africa after signing a strategic partnership deal with Interoil Angola Lda
OMV buys more offshore Madagascar
OMV has acquired an additional 50 per cent interest in the Grand Prix block offshore Madagascar
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