Mar 7th, 2013
By. Oilprice.com Analysts Get ready for the first-ever exploration in Ethiopia’s Omo region—and it could be VERY BIG. After all, it’s an extension of the massive finds in Kenya. Ethiopia has the misfortune of being entirely landlocked as a result of the 30-year war with neighboring Eritrea. Still, oi...
Oct 3rd, 2012
Marathon Oil said Wednesday day that its subsidiary Marathon Ethiopia Limited B.V. has entered into a sale and purchase agreement with Agriterra Limited to acquire their 20 percent working interest in the South Omo concession in Ethiopia with an effective date of Aug. 17, 2012. The companies expect ...
Dec 14th, 2011
South Sudan makes its debut for western oil companies, aid organizations and agribusiness this week at a U.S.-backed conference aimed at setting Africa’s newest country on the path to economic development after decades of poverty and conflict. South Sudan President Salva Kiir will lead the offi...