Thursday, January 30, 2014

International oil companies look to East Africa for growth

As companies develop new oil and gas fields in East Africa – from Mozambique in the south up to Tanzania, Kenya and Somalia – governments will be working hard to get the most they can out of their resources. In fact, analysts suggest that the licensing environment is becoming more difficult in Africa, due to governments establishing ever more onerous requirements for international companies and discouraging independent operators.

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