Africa Oil sees interest from foreign investors in East African oil exploration
Investment into Africa’s burgeoning oil and gas sector is expected to rise in coming years as big oil companies and foreign investors from the US, Europe and Far East finance existing and new projects in the continent.
According to Keith Hill, CEO of Canadian oil and gas
Africa Oil (V.AOI) boasts of potential 231b barrels in Kenya prospect
New investments in the natural resource sector in East African countries should translate to a massive increase in oil and gas production, Wood Mackenzie said.
Martin Kelly, director of upstream research in East Africa for the energy analysis company, said the next year should
Africa Oil provide Kenya operations update
Africa Oil Corp. ("Africa Oil" or the "Company") announces that the Company and its operating partner, Tullow Oil plc ("Tullow" or, together, the "Partnership"), have temporarily suspended all operations as a precautionary measure in Block 10BB and Block 13T
in Northern Kenya.
Oil and gas will boost East African economy
The promise of East African oil and gas is continuing to grow and will add value to the region, an upstream oil expert believes.
Dr Duncan Clarke, Chairman of Global Pacific & Partners thinks both onshore and offshore oil in the 15 countries of
