Oirere, Shem

Oirere, Shem

Shem Oirere is a business journalist specializing on Africa. He has been freelancing since 2008 after many years working for national newspapers in Kenya where he covered all facets of the country's economy as a correspondent, reporter and business editor. He has written extensively on Africa's chemical, construction, energy, water, maritime, agriculture, oil and gas industries,
• Email: shem.oirere@maritimemail.com

Lekoil Withdraws Suit Against Nigerian Petroleum Minister

May 16, 2019

Nigeria’s upstream regulatory hiccups continue to take toll on planned offshore exploration and production schedules as some private investors are stuck with their work programs for lack of clarity on key upstream mergers and acquisition procedures…

Kosmos Realigns Senegal/Mauritania Interests

May 09, 2019

American upstream oil and gas company Kosmos Energy has commenced the process of scaling down its stake in the lucrative Greater Tortue Anheyim gas project on the Senegal/Mauritania maritime border as the Dallas-based firm seeks to entrench…

African Petroleum Stands on Slippery Ground

May 02, 2019

UK-based exploration and production company African Petroleum continues to lay claim to offshore Block 1A in The Gambia even after the government of this tiny West African country reportedly signed an agreement with oil major BP for the likely lucrative asset…

Political Risks Mar Africa's Offshore Grand March

Apr 25, 2019

Political instability, insecurity and marine boundary disputes pose some of the major challenges constraining progress of Africa's upstream offshore oil and gas exploration ambitions at a time when the continent expected to ramp up production from its deep and ultra deepwater investments…

Sudan Coup Puts Oil Plans in Disarray

Apr 18, 2019

The collapse of the regime of former Sudanese President Omar al-Bashir is likely to jolt the country's oil sector and could leave in disarray earlier approved plans to open up the country's offshore blocks in the Red Sea basin for exploration…

Algeria: From Political Turmoil Comes Opportunity

Apr 11, 2019

The ongoing political turmoil in Algeria threatens to delay even further the planned offshore oil and gas exploration projects that the country is betting on to reverse the declining oil and gas output especially from maturing onshore fields…

Expectations High off Equatorial Guinea

Apr 04, 2019

Equatorial Guinea, one of Africa's top natural gas producers, is struggling with the reality of dwindling oil and gas resources and the hurdle of attracting financing for the monetization of the current output from its offshore fields.The country…

Sonangol Gets Ready to Compete

Mar 28, 2019

Angola's national oil company Sonangol has recently taken possession of the first of its two drillships built by a Korean shipyard firm, signaling the start of the implementation of its regeneration program that include investment in deep and ultra deep water drilling and offshore marginal areas…

Nigeria Aims to Cut National Oil Company Shareholding

Mar 22, 2019

The planned restructuring of Nigeria National Petroleum Corporation (NNPC) joint operating agreements with multinational oil companies could help not only in raising substantial financial gains to support the country's national budget but also…

Eni, Qatar Petroleum Extend Partnership

Mar 14, 2019

The signing of an acquisition agreement between Italian oil giant Eni and Qatar Petroleum for an offshore asset in Morocco this week has not only reinforced the business partnership of these two oil exploration and production companies but could…

Subsea 7 Bags Yet Another Deal in Africa

Mar 07, 2019

Subsea engineering, construction and services company, Subsea 7 has added yet one more feather in its Africa offshore cap after winning an engineering studies contract with a possibility of extending it to engineering, procurement, construction…

Mozambique’s Offshore Plans Gain Vigor

Feb 28, 2019

For the joint partners in the Mozambique Area 1 project, 2019 started off on a high note with the signing of five new gas sale and purchase agreements that pushes closer to realization Mozambique's first onshore LNG facility on which the development…

Somalia's Planned Oil Search Under Threat

Feb 21, 2019

Somalia, a country that has been trying, albeit with little success, to shed off the image of a nation in turmoil because of its insecurity, instability and a preferred haven for for militant groups, has big plans for auctioning some of its…

Nigeria Plan for Local Firms Stands on Shaky Ground

Feb 14, 2019

Nigeria's Ministry of Petroleum Resources has recently reiterated its intention to push for an increase of the share to the national crude oil production from indigenous oil and gas companies to 30% in the short-term, but it is not definite…

Total Scores in Second Try Offshore S.Africa

Feb 07, 2019

Four years after French major Total SA suspended the search for natural gas off the Southern coast of South Africa, it was good news this week for the company's shareholders and partners when the exploration and production giant announced the successful drilling of its Brulpadda well…

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