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...They're hoping to mimic London-based Tullow Oil, which discovered some 2 billion bbl. of oil in landlocked Uganda over the past four years. Last month, Texas-based oil company Anadarko Petroleum Corp. announced that it had tapped a giant reservoir of natural gas off the coast of Mozambique. "Anadarko's find went off like a bomb here in Houston," says Robert Bertagne, a Texas-based oil wildcatter. "It was, 'Wow, we are finding large quantities of gas, and that means we have hydrocarbons in the area.' Once you have a discovery, more people are going...

Author: /time Magazine | Title: Is East Africa the Next Frontier for Oil? | 3/10/2010 | See Source »

...analysis - using Cold War-era sea-floor mapping originally intended for use by Soviet submarines - has prompted speculation about oil deposits rivaling those of the North Sea or Middle East. There's still a lot that's unknown: North Africa has seen 20,000 wells sunk over the past few decades, while drillers have sunk 14,000 wells in and off West Africa. In East Africa, the total is about 500 wells...

Author: /time Magazine | Title: Is East Africa the Next Frontier for Oil? | 3/10/2010 | See Source »

...blocks licensed to two small oil companies, Africa Oil and Range Resources, could contain as much as 10 billion bbl. Nobody is talking about producing oil in Somalia anytime soon, but analysts say oil companies are less likely to be intimidated by political risk than they were in the past. They point to oil production in south Sudan, where a 20-year civil war that ended in 2005 threatens to reignite. "Definitely, there is a sense that there are discoveries to be had," says Aly-Khan Satchu, a financial adviser who runs Rich Management in Nairobi. "The reality...

Author: /time Magazine | Title: Is East Africa the Next Frontier for Oil? | 3/10/2010 | See Source »

...effort stems from the fact that many numbers - particularly large ones - don't have official names. Small ones are familiar - mega- is the officially recognized prefix for 1.0x106, or 1 million. Giga- is the prefix for 1.0x109, or 1 billion. But past 1.0x1024, or yotta-, there are no official names. (With one notable exception: 1.0x10100 was set aside as googol- in 1938 - long before being respelled by Larry Page and Sergey Brin 60 years later for Google, their upstart search engine...

Author: /time Magazine | Title: Hellabytes? A Campaign to Turn Slang into Science | 3/10/2010 | See Source »

...response to burgeoning student interest over the past few years, the School of Engineering and Applied Sciences will create a new biomedical engineering concentration, marking the start of the school’s ambitions to expand existing tracks into independent concentrations...

Author: By Gautam S. Kumar and Evan T. R. Rosenman, CRIMSON STAFF WRITERS | Title: SEAS Creates New Concentration | 3/10/2010 | See Source »

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