Polarcus Commences Multi-Client Survey Offshore Northwest Africa

Polarcus Limited announced Monday that it has commenced a new 3D broadband multi-client survey across the Mauritania-Senegal-Guinea-Bissau Basin (MSGB), offshore northwest Africa. The survey, which is supported by industry funding, will cover an area of 579 square miles offshore The Gambia and is expected to run for 50 days. Polarcus expects final data products to be available in 1Q 2016. Prefunding for the project was secured due to “the heightened industry interest in the.... Read more »

Posted on : Tuesday , 21st July 2015

Norwegian Scatec Solar to build large-scale solar plant in Africa

 Norwegian power producer Scatec Solar has signed an agreement to build West Afria’s first large utility-scale solar power plant in Africa. Solar Panels - APOPower from the plant will provide electricity to about 60,000 households.  The build-own-operate agreement for the 33MW solar project was signed between Scatec Solar, Mali’s Ministry of Energy and Water and Electricité du Mali (EDM), the country’s electricity utility. The project will be.... Read more »

Posted on : Monday , 20th July 2015

Kenya Pipeline Corporation to construct US$ 343m oil pipeline

 Kenya Pipeline Corporation (KPC) is yet to construct a 450Km pipeline from Mombasa to Nairobi that will help them meet the rising demand for fuel in the market and complement the existing line and replace it ultimately.   The pipeline project by KPC has received funding worth US$ 343m from a consortium of local and international banks namely; Co-operative Bank, CfC Stanbic Bank, Citibank (Kenya), Commercial Bank of Africa, Standard Chartered Bank and Rand Merchant.... Read more »

Posted on : Monday , 20th July 2015

Scatec Solar to build large-scale solar plant in Mali

 Norwegian power producer Scatec Solar has signed an agreement to build West Afria’s first large utility-scale solar power plant in southeast Mali The build-own-operate agreement for the 33MW solar project was signed between Scatec Solar, Mali’s Ministry of Energy and Water and Electricité du Mali (EDM), the country’s electricity utility. The project will be developed in partnership with IFC InfraVentures and the local developer Africa Power 1. The.... Read more »

Posted on : Monday , 20th July 2015

Ramboll To Carry-Out Onshore Pipeline Study In Uganda

 Uganda’s Ministry of Energy and Mineral Development has awarded United Kingdom’s Ramboll a contract to conduct an early-phase study for the “Hoima–Kampala Refined Petroleum Products Pipeline” in Uganda, East Africa.   The project concerns a proposed pipeline to be constructed to transport products of crude oil refinement from Uganda Oil Refinery in Hoima to a distribution terminal to be constructed in Buloba, app. 17 km west of Kampala with.... Read more »

Posted on : Monday , 20th July 2015

Kenya Pipeline Company calls for investment in private fuel stores in new business model

Private investors will for the first time get an opportunity to invest in the lucrative petroleum storage business in a new model that seeks to free cash flows for the Kenya Pipeline Company (KPC). The company’s chairman, John Ngumi, announced yesterday that KPC would not be investing in additional storage tanks in an expanded network within counties, but would instead invite private players to set up the storage facilities.   “We would prefer that investors who.... Read more »

Posted on : Monday , 20th July 2015

Base Titanium Adopts Best Mining Practices

Kenya is about to enter an important new stage in the development of its mining sector. The Mining Bill 2014, currently under review by the Senate, should be enacted before the end of the year and Kenya is about to embark on developing a 20-year strategic plan for the sector with the assistance of McKinsey & Company.   The Mining Bill will regulate, amongst other things, how investors engage with various levels of government and local communities. As much as possible, it is.... Read more »

Posted on : Saturday , 18th July 2015

Gold Deliveries Up 50 Percent - Chidhakwa

Gold deliveries have increased by an average of 50% this year due to the plugging of leakages of the precious mineral, with focus now on improving the supply side for small scale gold miners, Mines minister Walter Chidhakwa has said.   Mineral leakages have cost the country billions of dollars in lost revenue, reducing official gold sales from 27 tonnes in 1999 to the current average of 12 tonnes per year.   In an interview recently, Chidhakwa said the ministry has.... Read more »

Posted on : Saturday , 18th July 2015

Natural Gas Distribution Reaches Marracuene

Marracuene — Mozambique's National Hydrocarbon Company (ENH) on Wednesday connected its natural gas pipeline to its first client in Marracuene district, north of Maputo.   The client is the factory Favos de Mocambique, which makes egg cartons. From this factory, the distribution of gas will be extended to shops, hospitals, hotels and restaurants in Marracuene.   The Wednesday ceremony marked the conclusion of the Maputo and Marracuene Gas Distribution Project,.... Read more »

Posted on : Saturday , 18th July 2015

Kenya: KPC Secure Sh35 Billion for New Mombasa-Nairobi Pipeline

Kenya Pipeline Company has secured a $350million (Sh35.6 billion) loan to finance the construction of a new 450-kilometre oil pipeline from Mombasa to Nairobi.   The state owned oil distributor will upgrade to a 20 inch ultra-modern multi-product oil pipeline to replace the more than 30 year old - 14 inch pipeline currently in use.   Speaking during the loan signing with a consortium of six banks, KPC acting managing director Flora Okoth said work is expected to be.... Read more »

Posted on : Saturday , 18th July 2015

Uganda Begins to Archive Its Oil History

The dream of seeing the first drop of oil may be still far away. But like a father excited about their first born recording every little detail of the child, Uganda has moved to archive and document its oil and gas progress.   The country recently revamped its oil and gas section in the Uganda Museum.   The section, which was made possible with funding from the three major oil companies, Total E&P, Tullow and CNOOC, is to serve as a centre for basic information and.... Read more »

Posted on : Saturday , 18th July 2015

Kenya Power Deploys SAP Solution to Enhance Procurement Processes

 Kenya Power has announced the successful deployment of the latest SAP Business Suite to enhance efficiency of local procurement processes.   Kenya Power currently spends most of its procurement budget on foreign sourced supplies, but now aims to support local industry by promoting local suppliers of key materials. The system is thus set up in accordance with government guidelines that 40 percent of the budgets of all state corporations and ministries must be used for.... Read more »

Posted on : Saturday , 18th July 2015