Samuel Kamau Mbote

Dolphin Geo wins 3D seismic contract offshore Africa

Dolphin has announced it been awarded a 3D seismic contract including fast track data processing by an undisclosed major oil company for a 3-4 months project offshore Africa. Following the contract signing a Dolphin high-capacity 3D vessel will commence operation during second quarter of 2015 according to the company. The contract comes weeks after the …

Dolphin Geo wins 3D seismic contract offshore AfricaRead More »

Taipan Resources sues Afren for $10 million in damages in Kenya’s Block 1

Taipan Resources has announced that the Company’s Kenya based subsidiary Lion Petroleum Corp has commenced an arbitration action against East African Exploration (Kenya) Limited (EAX), a wholly owned subsidiary of Afren Plc. This follows certain breaches to the Joint Operating Agreement (JOA) signed between EAX and Lion in respect of Block 1. This Request for …

Taipan Resources sues Afren for $10 million in damages in Kenya’s Block 1Read More »

East African countries could lose out on low oil prices – Deloitte

East African countries are unlikely to significantly benefit from falling global oil prices due to inadequate storage facilities, a new research paper released by Deloitte East Africa has indicated. “East African countries’ failure to set up sufficient oil storage facilities will mean that the region could miss out on a chance to accumulate cheap stockpiles …

East African countries could lose out on low oil prices – DeloitteRead More »

Lamu Oil and Gas gets additional Period in Kenya’s Block L14

Lamu Oil and Gas, the Edgo Energy and QFB joint venture it has entered into the First Additional Exploration program on block L14 in Kenya after meeting the contractual requirements of the initial two-year exploration program. The First Additional Exploration period which started on December 5, 2014 will see Lamu Oil and Gas execute an …

Lamu Oil and Gas gets additional Period in Kenya’s Block L14Read More »

Helge Lund takes over at BG Group

BG Group has announced that former Statoil CEO Helge Lund has taken over the helm at the Company as Chief Executive and an Executive Director ahead of the previously announced start date of 2 March 2015. According to BG Group Helge’s start date has been brought forward following agreement last week from Statoil releasing him from …

Helge Lund takes over at BG GroupRead More »

Export pipeline from Songo Songo processing plant to KN-1 gas well complete

Aminex plc the operator of the Kiliwani North gas field in Tanzania’s Kiliwani North Development Licence, has advised the partners that the newly constructed gas export pipeline from the Songo Songo processing plant to the KN-1 gas well has been completed to within approximately 20 metres from the KN-1 production well-head. The KN-1 well, when …

Export pipeline from Songo Songo processing plant to KN-1 gas well completeRead More »

Simba Energy raises $360,000 to fund exploration in Africa

Simba Energy has announced it has completed a non-brokered private placement involving the sale of up to 15,000,000 units at a price of Cdn$0.03 per Share. Each unit will consist of one common share and one-half of a non-transferable common share purchase warrant, with each full warrant exercisable for a period of two years from …

Simba Energy raises $360,000 to fund exploration in AfricaRead More »

Oil, Gas and Chemical Industry advised to adopt cost culture to survive current environment

  With the recent fall-off in oil prices, companies in virtually all sectors of the oil, gas and chemicals (OGC) industry worldwide are going to have to plan and manage their projects for greater capital productivity, something they weren’t doing particularly well before the price-drop, and along the way create a “cost culture” inside their …

Oil, Gas and Chemical Industry advised to adopt cost culture to survive current environmentRead More »

Badada-1 Well Drilling Update in Block-2B, onshore Kenya

  Taipan Resources through its Kenya-based subsidiary Lion Petroleum in its new update drilling operations for the Badada-1 well Block-2B, onshore Kenya have reached to a total depth of 1,647 metres. A 13 3/8- inch casing has been successfully run to 1,644 metres MDBRT and cemented in the 17 1/2-inch hole and the well is …

Badada-1 Well Drilling Update in Block-2B, onshore KenyaRead More »

Burundi commits to implement the EITI

The Government of the Republic of Burundi formally committed to implement the Extractive Industries Transparency Initiative, EITI Standard in a declaration published by Come Manirakiza, Minister of Energy and Mine on 20 January 2015 in Bujumbura. According to Manirakiza, Burundi hopes that this will increase transparency in the management of natural resources in the East Africa …

Burundi commits to implement the EITIRead More »