Continental Focus, International Reach

Latest News

Egypt to Feel the Frack

Apache Corp. and Shell are the recipients of the first contracts in Egypt to extract gas by fracking. The Ministry of Petroleum said the contract includes investments of $30-$40 million. “The project will require horizontal drilling and hydraulic fracturing, which is the same as the shale gas production method used in the US,” a Ministry […]

December 19, 2014 Read More

Ruvuma Resource Estimates Rise

Solo Oil was advised by Aminex that the internal resource estimates for the southern part of the Ruvuma PSC have been updated, from mean gas initially in place of 2.3 Tcf to 3.2 Tcf. Solo holds a 25% stake in the Ruvuma PSC. The newest interpretation using the 2D seismic data acquired earlier in 2014 […]

December 19, 2014 Read More

Infrastructure Finance on the Rise Despite Project Prep Delays

Release ICA finds rise in infrastructure finance commitments, but project preparation delays persist The Infrastructure Consortium for Africa (“ICA”) has published its Infrastructure Financing Trends In Africa 2013 annual report, which finds that, for the second year running, there was a significant rise in total commitments for energy, transport, water and information and communications technology […]

December 19, 2014 Read More