Kenya plans to utilise its current natural resources exploration boom by acquiring a 25 per cent stake in the production activities of oil and gas companies working in the country
Exploration
Ex-Cove Energy executives to start Africa-focussed exploration firm
Former executives from Cove Energy Plc have announced they will start an Africa-focussed oil and gas exploration firm after the company was sold for US$1.9bn to Thailand’s PTTE
Victoria Oil and Gas announces publication of gas market study
Victoria Oil and Gas (VOG) has announced the release of a Gas Market Study (GMS) compiled by petroleum advisory and consultancy group, Challenge
RWE Dea wins new Egyptian concession
RWE Dea has been awarded a new offshore concession in Egypt, East Ras Budran Offshore
Genel to increase Somaliland region interest
Genel Energy has announced that it is to farm in 50 per cent of Jacka Resources Limiteds license interests to explore for and produce oil and gas in the Odewayne Block in the autonomous Somaliland region